Cannitrol – Cannabis Control Agent

Marijuana news from around the world

Colorado Department of Revenue

“The boom is over”: Colorado cannabis growers hope volatile wholesale market is stabilizing

Entrepreneurs who broke into Colorado’s cannabis industry at the ground level — the growers — have endured economic whiplash over the last two years as the market for wholesale flower experienced volatile swings in price.

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Colorado’s average price of wholesale marijuana hits 3-year high after record spike

The median price of a pound of marijuana buds sold or transferred to a retail store from a growing facility was $1,316 between Aug. 1 and Nov. 30, the Colorado Department of Revenue says. That’s nearly 32% higher than it was over the three months prior, a record jump.

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As “green rush” rolls on, Boulder’s Surna helping make cannabis industry more sustainable

Legal cannabis cultivation in the United States consumed 1.1 million megawatt hours of electricity in 2017 (enough to power 92,500 homes for a year,) generating 472,000 tons carbon dioxide, according to a 2018 New Frontier Data report.

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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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Boulder County marijuana sales jump by $1.4 million in May

Retail marijuana sales in Boulder County jumped $1.4 million in May compared to last year, according to the Colorado Department of Revenue, putting it slightly ahead of Adams County, but far behind Denver and Arapahoe counties in terms of sales totals.

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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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Cannabis industry questions new system that would add chemicals to marijuana for tracking purposes

Despite a clear rejection by the Colorado Legislature, the state’s only cannabis research center is going ahead with developing a seed-to-sale marijuana-tracking system that no one in the industry says they want.

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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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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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Canadian legalization creates opportunities for Colorado marijuana businesses

Nationwide recreational marijuana legalization makes Canada a fertile landscape for ganjaprenuers. While some Colorado companies are already cashing in on opportunities north of the border, the effect on the local cannabis landscape is expected to be mostly invisible to consumers, industry advocates say.

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