From cow town to tech town: Denver’s startup scene is flourishing
Move over silver miners, cowpokes and roughnecks, Denver is a tech town these days. The numbers tell the tale. At least 22 tech firms either moved their headquarters or opened field offices along Colorado’s Front Range between July 2017 and June 2018. They were drawn by a supply of... Read more
New Oklahoma Legislation Could Lead to Explosive Pot Dispensary Stock Gains
Oklahoma Is No. 2 State for Cannabis Dispensaries The U.S. marijuana industry is growing at a rapid pace. Right now, recreational cannabis is legal in 11 states (and D.C.) and medical marijuana is legal in 33 states. Both of those numbers are expected to go up in 2020. And... Read more
CGC Stock’s Fortunes Could Mean Big Gains for Other Pot Stocks in 2020
Canopy Growth Stock on the Rise When it comes to the marijuana stock market, one stock has typically been the bellwether: Canopy Growth Corp (NYSE:CGC). The largest marijuana stock by valuation, the performance of CGC stock typically indicates whether the market is trending up or down. It’s often among... Read more
Marijuana banking bill headed to full U.S. House
DENVER — Legislation that would provide federal protection for financial institutions that serve state-authorized marijuana and ancillary businesses passed a U.S. House committee on Thursday. The House Financial Services Committee voted 45-15 to advance the bill after amending it to include provisions to provide a safe harbor for insurance... Read more
Hemp entrepreneurs hear the benefits — and challenges — of booming industry at Colorado expo
The head of an international natural products association told a crowded room of hemp entrepreneurs Friday that their industry is forecast to generate as much as $45 billion by 2024 — but big questions and regulatory hurdles loom. Judith Kohler, The Denver PostColorado Gov. Jared Polis, left, and Loren... Read more
Turning point for legal marijuana in Colorado: Big changes in the works as state plays catchup
Colorado’s status as the frontier for legal marijuana is fading fast as larger states get in the game, spurring lawmakers this spring to consider big changes that would reverberate for years to come. Substantial proposals are predicted to unleash an influx of money from larger investors into the state’s... Read more
Denver company avoids Colorado ban on publicly traded pot companies
As Colorado’s legislature considers whether to allow publicly traded cannabis companies to operate in the state, one such company in Denver has been doing so for months. Founded in 2010 by John Fritzel, then a bankrupt former Subway franchisee, and two of his friends, MJardin has become a significant... Read more
Denver mayor says legal immigrants are being denied citizenship due to work in marijuana industry
Denver Mayor Michael Hancock and City Attorney Kristin Bronson say legal immigrants in Denver are being denied the opportunity to become naturalized citizens because they work in the cannabis industry. In a letter Wednesday to U.S. Attorney General William Barr, Hancock said he met with two immigrants this week,... Read more
Denver council refuses to loosen restrictions on social-use marijuana businesses
The Denver City Council on Monday rejected a proposal that would have made it easier to open social-use marijuana business. The change would have reduced the setbacks required for venues where people can use cannabis. Currently, the “social consumption” businesses must be 1,000 feet from schools, day care facilities,... Read more
Biggest Opportunity That Tesla Opened Has Nothing to Do With TSLA Stock
Tesla Inc Spurs Green Energy Market  It’s safe to say that 2020 has been great for Tesla Inc (NASDAQ:TSLA) so far. Tesla stock is already up about 35% since the year began. Over the past 12 months, it has nearly doubled. Many investors feel that they have missed out on... Read more
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