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Marijuana Business

November marijuana sales push Colorado’s industry to $2 billion annually for the first time

Colorado marijuana sales in November pushed the industry’s annual revenue to $2 billion for the first time.

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Marijuana delivery, social equity reform and other Colorado cannabis trends to watch in 2021

Colorado’s marijuana industry experienced a banner year in 2020 — not in spite of the COVID-19 pandemic, but because of it.

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2020 is already the highest-selling year for weed in Colorado

Colorado dispensaries sold more marijuana in the first 10 months of 2020 than they did during a record-setting sales year in 2019. October sales totaled more than $199.7 million in October, pushing the state’s annual revenue to more than $1.8 billion, according to the Department of Revenue. By comparison, sales totaled about $1.75 billion in […]

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Aurora says yes to recreational pot delivery in Colorado’s third-largest city

The Aurora City Council on Monday night gave preliminary approval, by an 8-2 vote, to cannabis delivery in Colorado’s third-largest city.

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Marijuana delivery and cannabis “bars” gain traction in Denver

Next year, Denverites may be able to have marijuana delivered to their homes if the city council adopts a new proposal to regulate delivery services. On Monday, the Division of Excise and Licenses unveiled drafts of three bills intended to overhaul the local industry and enable more people of color to cash in on a […]

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Colorado weed sales set to crush annual record, with another $200 million month in September

Weed enthusiasts purchased more than $206.4 million worth of Colorado-made marijuana products in September, as sales from a record-breaking year moderately cooled off.

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Colorado marijuana sales eclipse $200 million (again) in August

Colorado dispensaries sold $218.6 million worth of marijuana in August, falling just short of the all-time monthly record, $226 million, set in July.

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Colorado marijuana sales blow past $200 million in July

Cannabis sales keep creeping higher and higher, setting 2020 up to be the industry’s most lucrative year on record.

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Colorado cold snap destroys millions of dollars worth of marijuana plants, could disrupt industry

DENVER — Early cold temperatures and snow in Colorado may have destroyed millions of dollars worth of outdoor plants, cannabis and hemp companies said. The drop of about 70 degrees Fahrenheit occurred too early in the growing season for farmers to harvest the plants, Marijuana Business Daily reports. Related Articles Read the rest of this […]

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Guest Commentary: The use of cannabis in the United States should be decriminalized

Amid the long-overdue national conversation about achieving true social justice, one key element is being largely overlooked: The need to end decades of misguided drug policy that has disproportionately taken a toll on minority communities. An issue certain to arise in the presidential campaign is whether the use of cannabis should be decriminalized, or whether […]

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