Sanitas Peak, a Boulder, Colorado-based investment group, said it has placed a $3 million debt facility with Colorado Cultivars, a producer of industrial hemp. Proceeds from the loan primarily will be used to develop production and processing facilities at the company’s main farm in Eaton, Colorado. More details can... Read more
Already known as one of the country’s marijuana capitals, Denver is a heavyweight in the hemp industry, too, and that status is on full display at the NoCo Hemp Expo this weekend. After five years in Loveland, the NoCo Hemp Expo moved to Denver in 2019. The Crowne Plaza DIA‘s parking lot... Read more
We’re over two months into Colorado’s 2019 legislative session, and pot proposals have been creating plenty of buzz at the State Capitol. While bills to provide medical marijuana patients with firearms rights and altered-state DUI laws regarding marijuana use are as good as dead, measures that would expand medical marijuana access,... Read more
Colorado used to be on top of the cannabis world. As legalization spreads both in the U.S. and abroad, a lack of investor capital here could be the industry’s undoing. “Now we are chasing the wagon,” said Dean Heizer, the executive director and chief legal strategist of LivWell. “And we need... Read more
Colorado marijuana businesses have sold more than $6 billion worth of weed and related products since a voter-approved measure allowing adults over the age of 21 to consume recreational pot took effect in the state on Jan. 1, 2014. The milestone figure was highlighted Tuesday in a news release from the... Read more
Five years after the first sale occurred on Jan. 1, 2014, that tax money has translated into $160 million toward school construction statewide — roughly enough to build three high schools. Meanwhile, the state has actually collected more than $740 million. “People frequently ask, ‘Where’s all that marijuana money?’... Read more
Scores of agents from the U.S. Drug Enforcement Agency fanned out early Thursday morning in a coordinated raid of up to 50 suspected black-market marijuana grow houses in the Denver metro area, authorities say. Dozens of search warrants were served on homeowners and residents across the metro area, said Randy... Read more
by James Schwartz, CEO of Cascade High Organics Look to the past to see the future The challenges facing companies pioneering a new industry where each state deals with its own issues are numerous. The importance of strategic business planning and the ability to predict future problems are essential... Read more
On November 7, the day after Democrats seized control of the House with what would become a 40-seat swing, President Trump fired his Attorney General, Jeff Sessions. That day, at his home in California, Smoke Wallin’s phone blew up with congratulatory calls from friends and associates celebrating the political... Read more
January 9, 2019 by AggregatedNews Leave a Comment The governor-elect takes office at a significant moment in Colorado for the cannabis industry. Jared Polis takes office Tuesday as Colorado’s new chief executive — and America’s first pot governor. The Democrat’s long-standing support for legal marijuana, his embrace of the... Read more
