Colorado | MJ Shareholders

November marijuana sales push Colorado’s industry to $2 billion annually for the first time

Colorado Marijuana Industry News Medical Marijuana Recreational Marijuana January 13, 2021 0

Colorado marijuana sales in November pushed the industry’s annual revenue to $2 billion for the first time. In November, dispensaries sold $175.1 million worth of products, according to figures released by the Department of Revenue on Tuesday. Recreational sales accounted for about $140.5 million, while medical sales accounted for nearly... Read more

Molson Coors, HEXO launch CBD drinks in Colorado

CBD Colorado Industrial Hemp News International News Marijuana Laws, Regulations, & Politics January 13, 2021 0

Molson Coors Beverage Co. says it has launched CBD drinks in Colorado through TRUSS CBD USA, its joint venture with HEXO Corp. The beverage line will be available in three flavors – Grapefruit Tarragon, Strawberry Hibiscus and Blueberry Lavender under the name, “Verywell,” Molson Coors and HEXO said Wednesday.... Read more

Marijuana delivery, social equity reform and other Colorado cannabis trends to watch in 2021

Colorado Marijuana Industry News Recreational Marijuana December 29, 2020 0

Colorado’s marijuana industry experienced a banner year in 2020 — not in spite of the COVID-19 pandemic, but because of it. Dispensaries across the state were declared essential businesses and allowed to operate while bars, restaurants and gyms were forced to close. That designation helped sales exceed analysts’ expectations. According to... Read more

Schwazze Buys Six Colorado Star Buds Dispensaries for $37 Million

Colorado Featured Trending Stories December 21, 2020 0

Schwazze Acquires Six Star Buds Dispensaries in Colorado Star Buds is one of the Most Recognized and Successful Retail Cannabis Operators in North America Company Projects Pro Forma Revenue for Schwazze and its Two Acquisitions (Mesa Organics and Star Buds) of $95 Million in 2020 Company Expects to Be... Read more

Aurora, Colorado Officials May Soon Allow Cannabis Delivery

Colorado Featured Trending Stories December 9, 2020 0

Aurora, Colorado Officials May Soon Allow Cannabis Delivery | High Times Total 54 Share Read more

Countless Coloradans left out of Polis’ marijuana conviction pardoning

Colorado Marijuana Industry News December 2, 2020 0

Michael Diaz-Rivera was 19 years old when he was arrested in 2006 for felony marijuana possession in Colorado Springs. He had less than an ounce, but took a plea deal for 8 ounces or more to avoid a charge for intent to distribute. Now, almost 15 years later, marijuana... Read more

Colorado Marijuana Sales Up Nearly 25 Percent From Last Year

Colorado Marijuana Industry News Recreational Marijuana November 11, 2020 0

Marijuana sales are experiencing their annual fall dip in Colorado, but they’re still comfortably outperforming last year, according to figures from the state Department of Revenue. Dispensaries tallied almost $206.5 million in sales during September, state data shows, a slight drop from August and nearly 9 percent less than the monthly... Read more

Court Allows IRS to Investigate Colorado Cannabis Companies

Colorado Featured Trending Stories October 28, 2020 0

Colorado cannabis companies facing investigation by the Internal Revenue Service have recently lost the battle when it comes from challenging the institution’s legal authority to look into their dealings. The U.S. Court of Appeals for the 10th Circuit is siding with the IRS in this case, and against the... Read more

Exclusive: Colorado’s Governor Jared Polis Talks Legal Cannabis

Colorado Featured Trending Stories October 27, 2020 0

When Colorado voters legalized recreational marijuana with the passage of Amendment 64 in 2012, current Governor Jared Polis was serving in the U.S. House of Representatives. Since then, he has been a firm advocate for sensible cannabis policy at both the state and federal level. In 2017, he was... Read more

Has Colorado’s Marijuana Industry Reached Adulthood?

Colorado Marijuana Industry Marijuana Industry News Recreational Marijuana October 21, 2020 0

Colorado’s pot industry has finally grown up, according to a new report commissioned by the state Marijuana Enforcement Division. The MED hired the Marijuana Industry Group and the University of Colorado Leeds School of Business to compile a report on the state of the green market in 2019, analyzing data connected to marijuana sales,... Read more