Colorado Governor Jared Polis rang in 2022 with a pardon party. Last Thursday, the governor’s office announced that he had “granted three commutations, 15 individual pardons, and signed an executive order granting 1,351 pardons for convictions of possession of two ounces or less of marijuana.” The move was made... Read more
A national advocacy group has submitted two separate proposals that would decriminalize psychedelics in Colorado in an effort to put the issue before voters in next year’s general election. New Approach PAC, a Washington, D.C.-based political action committee, filed the decriminalization proposals with the office of the Colorado Secretary... Read more
CannAmerica clarifies terms of acquisition of Arsenal Oils & Extracts in Colorado
Ryan Allway December 22nd, 2021 VANCOUVER, BC – TheNewswire – December 22, 2021 – CannAmerica Brands Corp. (CSE:CANA) (CNSX:CANA.CN) (OTC:CNNXF) (“CannAmerica” or the “Company”) further to the Company’s news release dated December 16, 2021, wherein the Company announced the execution of the Purchase Agreement (the “Agreement”) of CannAmerica’s Colorado licensee, Arsenal Oils and Extracts, LLC (“Arsenal”) and... Read more
Wholesale Marijuana Prices Fall Hard Amid Sales Decline In Colorado
Colorado marijuana sales and prices are both dropping, in what may be more than a seasonal trend. The Colorado Marijuana Enforcement Division‘s latest average market rate (AMR), a set of median prices for different categories of wholesale marijuana, fell across the board from October to December, with the most noticeable... Read more
Colorado Marijuana Tax Revenue Breaks Annual Record
Colorado’s annual marijuana tax revenue haul has already reached a new high for the seventh straight year, according to the latest data from the state Department of Revenue. The DOR’s latest monthly report on marijuana tax revenue shows that November’s $32.5 million in combined marijuana taxes and fees pushed 2021’s... Read more
Should pot really be considered a “performance-enhancing substance”? A “first-of-its-kind study” at the University of Colorado in Boulder aims to find out.  When American sprinter Sha’Carri Richardson was denied a chance to compete at the Tokyo Olympics this summer due to testing positive for marijuana, it brought attention—and plenty... Read more
Schwazze Announces Transformational Capital Raise, Entry Into New Mexico & Provides Business Update
Ryan Allway December 3rd, 2021 Transformational $95 Million Private Financing for M&A Initiatives & Further Expansion Plans Signs Definitive Agreement to Acquire & Manage New Mexico Assets: Reynold Greenleaf & Associates, R. Greenleaf Organics, Medzen Services, Elemental Kitchen & Laboratories Schwazze Transitions to a Regional Operator with New Mexico Acquisitions OTCQX: SHWZ DENVER, Dec.... Read more
Colorado to Require Four-Page Warning With Marijuana Concentrate Sales
A four-page warning about potential health effects and criminal penalties will accompany marijuana concentrate sales in Colorado by the beginning of 2023, according to the state Marijuana Enforcement Division, but it’s unclear how often those warnings will be handed out. The MED released 476 pages detailing a final adoption order of new... Read more
Schwazze Signs Definitive Agreement to Acquire MCG, LLC Schwazze Continues its Colorado Expansion Strategy with Emerald Fields Cannaboutique Dispensaries in Manitou Springs & Glendale, CO DENVER, Nov. 16, 2021 /PRNewswire/ – Schwazze, (OTCQX: SHWZ) (“Schwazze” or the “Company”), announced that it has signed definitive documents to acquire MCG, LLC... Read more
When the calendar flips to 2022 in a little more than a month, patients in Colorado will face more stringent rules for acquiring medical cannabis. In an announcement spanning nearly 500 pages that was handed down last Tuesday, the state’s Department of Revenue outlined new rules and restrictions that... Read more
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