Twenty20/@mohammadsamy56 The Resilience of Tech Stocks And we’re back. It’s been a while, dear reader, but we here at Profit Confidential are back up and running again and we’re happy to bring you some of the hottest stock picks (including tech stocks) on the market right now. You may... Read more
The majority of Denver’s cannabis-focused businesses are owned and staffed by white residents, leading to a lack of opportunities for people of color to get involved in the industry, according to a city study released Monday. According to Denver’s Cannabis Business and Employment Opportunity Study, 74.6% of owners of... Read more
National Cannabis Industry Association Files Amicus Brief in Landmark Cannabis Tax Case National trade organization presents substantive and Constitutional arguments against IRS 280E tax code preventing state-legal cannabis businesses from deducting normal business expenses Harborside Health Center is appealing U.S. Tax Court decision over exorbitant federal tax bill Read more
Beginning Wednesday, any customer entering a Denver business will be required to put on a mask. That part is straightforward. But what happens when people refuse to do so? It’s a question that cities and states around the country are grappling with as mandatory mask orders become more common... Read more
Boulder will soon be home to two dispensaries legally delivering medical marijuana. Helping Hands Cannabis on Pearl Street recently procured its license for delivery and expects to begin service to medical patients in mid-May, according to co-owner Johnny Kurish. Kurish decided to offer delivery as a way to safely... Read more
Denver’s process for auditing marijuana businesses is inadequate and has potentially cost the city countless tax dollars allocated for public service programs, the city auditor alleged Thursday. In a scathing new report, Denver auditor and certified public accountant Timothy M. O’Brien evaluated the city’s methods, strategies and standards for... Read more
Denver marijuana businesses have seen an increase in burglaries during the coronavirus pandemic as the cannabis industry continues to see an uptick in crime in the city, according to police. Allowed to continue operations as essential businesses, dispensaries and cultivations reported 10 burglaries in the first two weeks of... Read more
Colorado’s cannabis industry is allowed to remain open to provide “critical” services during the coronavirus pandemic, but because marijuana is a federally controlled substance, dispensaries and other businesses are ineligible to receive stimulus funds to help offset the economic impacts caused by COVID-19. Many say they’re struggling. Gov. Jared... Read more
As the coronavirus fueled changes in regulation for Colorado’s cannabis industry, leaders at LivWell Enlightened Health knew they needed to make dramatic moves to keep the business and its workers thriving. And fast. On March 30, 18 company executives and department heads agreed to suspend their compensation for three... Read more
As the coronavirus pandemic disrupts daily life and commerce in Colorado, many in the state’s marijuana industry believe it makes the case for allowing dispensaries to begin delivering to customers’ homes now. Legislators legalized cannabis delivery with the passage of House Bill 1234 in 2019. The law permits medical marijuana... Read more
