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Marijuana news from around the world

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Colorado’s average price of a pound of wholesale marijuana grows for fourth straight quarter

Between May 1 and July 31, the average price of a pound of dried marijuana sold or transferred from a commercial grow operation hit $999. That’s a nearly $150 jump over the average the state recorded in July.

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A Lakewood company is aiming to bring CBD vending machines to health-craze masses

Lakewood-based Infinite CBD selling a vending machine where a credit or debit card goes in and CBD products come out.

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Last traces of Sweet Leaf marijuana dispensaries vanish as new chain moves into Aurora, Thornton, Federal Heights locations

Its co-owners were sentenced to prison earlier this year and now the last vestiges of the once-vast Sweet Leaf marijuana dispensary network are being plastered over as a new chain takes over its final three locations.

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Colorado raking in record marijuana money again in 2019, but in era of “stabilization” industry leaders look to impact of new legislation

It’s become a predictable pattern in the era of legal recreational pot in Colorado. Every year, the state sets a new record for marijuana sales then, 12 months later –poof — it goes up in smoke and a new record is set.

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Carl’s Jr has cooked up a CBD burger and it will be selling it exclusively at one Denver location on 4/20

The putting-CBD-in-everything craze will reach a new level on Saturday when fast-food chain Carl’s Jr releases a specialty cheeseburger at one of its Denver locations topped with CBD-infused sauce.

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Colorado lawmakers taking second crack at bill that would allow publicly traded marijuana companies

A bill that opens the door for out-of-state investors and private equity firms to wade into Colorado’ heavily regulated marijuana business waters passed its first lawmaking hurdle Monday.

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Colorado marijuana sales crack $6 billion since 2014 legalization, state says

Colorado marijuana businesses have sold more than $6 billion worth of weed and related products since a voter-approved measure allowing adults over the age of 21 to consume recreational pot took effect in the state on Jan. 1, 2014.

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Facebook takes a mulligan after disabling accounts of some hemp businesses

A Fort Collins business that produces and markets hemp-oil-infused products is one of several across the country that recently had its Facebook page shut down after the social media giant said the page violated its policy against promoting prescription pharmaceuticals.

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Gains, growing pains mark California’s 1st year of legal pot

It was supposed to be a great year for marijuana entrepreneur Brian Blatz.

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Colorado sees average price of wholesale marijuana rise in second half of 2018

Starting Jan. 1, Colorado will reap more tax revenue from wholesale deals involving marijuana buds and trim intended to be sold to consumers after the average prices of those wholesale products rose in the latter part of 2018.

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