DABBING, BLUNT, BONGWTR, MRY JANE — These are just some of the novelty license plates being auctioned off by the state of Colorado as part off a benefit for a state-run program designed to help the disabled community. The auction, which launched on Friday, will offer the rights for... Read more
Colorado Gov. Jared Polis and Denver Mayor Michael Hancock on Wednesday helped owner DeWayne Benjamin celebrate the city’s first approved social equity marijuana hospitality operator, Tetra Lounge. The lounge was approved for a hospitality license, meaning it will be a location where folks can legally consume marijuana in a... Read more
Schwazze Announces Fourth Quarter & Full Year 2021 Results OTCQX: SHWZNEO: SHWZ Revenue Increases 352% to $108.4 Million Compared to $24.0 Million for the year-ended 2020 Net Income attributed to Common Shareholders of $7.2 Million Compared to Net Loss of ($19.4) Million for year-ended 2020 Adjusted EBITDA of 29.7% Compared... Read more
Applications were accepted starting in November 2021, and the first licenses were granted earlier this month. One such business, Tetra Lounge which is located in downtown Denver, is both a social equity applicant and a soon-to-be owner of a hospitality license (once the proper inspections have been completed), as... Read more
A decade after Colorado made history and legalized recreational cannabis, the state’s second largest city may be ready to get in on the action. For years, Colorado Springs has blocked adult-use cannabis sales within its jurisdiction. Last week, organizers of a campaign that seeks to end that prohibition officially... Read more
Colorado Gov. Jared Polis last week announced the launch of a state grant program for cannabis social equity companies, offering licensed operators a new source of capital for their businesses. The governor’s office said in a statement that the new grant program is “a bold, forward-thinking initiative to save... Read more
A group of Colorado lawmakers wants to increase oversight of the state’s marijuana businesses, but the cannabis industry is ready to fight the proposal. Senate Bill 149, a nonpartisan bill introduced on March 7, proposes new reporting requirements for such marijuana business violations as sales to underage minors, contaminated product... Read more
Ryan Allway March 4th, 2022 News, Top News DENVER , March 4, 2022 /PRNewswire/ — Item 9 Labs Corp. (OTCQX: INLB) (the “Company”) — a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products — announced today that it has closed its acquisition of an existing... Read more
NCIA’s editorial department continues the Member Spotlight series by highlighting our Social Equity Scholarship Recipients as part of our Diversity, Equity, and Inclusion Program. Participants are gaining first-hand access to regulators in key markets to get insight on the industry, tips for raising capital, and advice on how to access and utilize... Read more
It has been nearly 10 years since voters in Colorado legalized recreational cannabis, but for some employers in the state, prohibition remains the law of the land. A proposed bill would change that, with lawmakers there reviving an effort to prohibit employers from firing employers solely for using pot. ... Read more
