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.
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.
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 […]
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.
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 […]
Ticker: Biden has no immediate plans to lift china tariffs; San Francisco bans smoking inside apartments, pot smoking OK
President-elect Joe Biden says he won’t immediately lift tariffs placed by President Trump on many imports from China or break Trump’s initial trade deal. Biden says he wants to maximize his leverage in future talks with the United States’ geopolitical rival. Speaking to The New York Times columnist Thomas Friedman, Biden said, “I’m not going […]
Pot delivery in Massachusetts offers wiggle room for owners, community
When selling marijuana became a legitimate business in Massachusetts, it was seen as a welcome opportunity for entrepreneurs. But any industry needs to innovate and adapt if wants to grow, and the marijuana enterprise is no different. On Monday, the Cannabis Control Commission gave the high sign to new regulations that will allow for home […]
Massachusetts cannabis retailers vow to fight marijuana delivery regulations poised for passage Monday
Massachusetts cannabis retailers have vowed a fight over controversial new marijuana delivery rules that regulators are expected to pass on Monday, which prioritize minority applicants and would enable courier companies to buy and sell marijuana wholesale without a brick-and-mortar business. “We’re not holding breath — it’s a done deal. Tomorrow is a mere formality at […]
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.
Election could stoke US marijuana market, sway Congress
Voters in four states from different regions of the country could embrace broad legal marijuana sales on Election Day, and a sweep would highlight how public acceptance of cannabis is cutting across geography, demographics and the nation’s deep political divide. The Nov. 3 contests in New Jersey, Arizona, South Dakota and Montana will shape policies […]