Colorado medical marijuana sales spiral down as industry suffers
ColoradoMarijuana Industry NewsMedical Marijuana September 28, 2022 0
Julie Richardson moved to Colorado from Louisiana in 2015, specifically to get the quality of cannabis-derived medicines obtainable here — but which were unavailable or too expensive back home. Now, Richardson, who suffered a spinal injury when she was 6 months old and who has gone through repeated reconstructive surgeries... Read more
‘There’s a real attack on the industry’: Medical marijuana sales continue to drop in Colorado
ColoradoMarijuana Industry NewsMedical MarijuanaRecreational Marijuana September 5, 2022 0
Colorado’s Department of Revenue says medical marijuana sales are continuing to drop. Experts are worried about people with health conditions having access to the treatment they need. They say patients are paying more in taxes for similar products at recreational facilities. “This is the lowest they’ve been since the... Read more
Colorado marijuana sales decline to $146M in June
ColoradoMarijuana Industry NewsRecreational Marijuana August 11, 2022 0
Marijuana sales in Colorado continued to decline in June and totaled just $146 million, according to the Colorado Department of Revenue. The total represents a less than 1 percent decline from May and a nearly 22 percent decline from June 2021. So far in 2022, more than $906 million of marijuana has... Read more
Committee Blog: Cannabis Lounges – Coming to a City Near You?
AlaskaCaliforniaColoradoIllinoisMarijuana Laws, Regulations, & PoliticsMichiganNevadaNew York August 2, 2022 0
By Jodi Green, Miller Nash LLP; Shay Gilmore, The Law Office of Shay Aaron GilmoreMembers of NCIA’s Risk Management and Insurance Committee Although the concept of state-legal cannabis has been around in some shape or form since 1996, cannabis remains illegal to consume in most public places. In other... Read more
Inside Denver’s struggles to diversify its $700M marijuana market
ColoradoMarijuana IndustryMarijuana Industry NewsRecreational Marijuana July 30, 2022 0
“It’s not the program’s fault,” Cohen said, praising the efforts of city and state policymakers. “There’s a high cost to all the regulations.” As weed legalization spreads across the country, white-owned cannabis companies are overwhelmingly the ones raking in billions of dollars a year selling a drug that disproportionately... Read more
