Denver officials want to save struggling cannabis delivery businesses
Excise and Licenses Department proposes a bill that would permanently require stores to use licensed transporters owned by social-equity applicants Weed delivery has yet to catch on in Denver, but government officials are pushing dispensaries to drop their resistance to save the transporter businesses of marginalized entrepreneurs. “Delivery has... Read more
Activists intent on legalizing recreational pot sales in Colorado Springs, Colorado cleared a significant hurdle this week with the announcement that two related adult-use cannabis sales voter initiatives have qualified for the November ballot. The first ballot measure advanced by the group Your Choice Colorado Springs would legalize recreational... Read more
Colorado regulators won’t sanction job-seekers with out-of-state marijuana convictions, Polis orders
Gov. Jared Polis on Thursday vowed by executive order that Colorado will not hold out-of-state convictions for most marijuana-related offenses against people applying for professional licenses here. The Boulder Democrat wrote in his order, “There is a workforce shortage in Colorado. Employers are having difficulty recruiting and retaining qualified employees, many... Read more
Colorado Gov. Jared Polis last week announced the first businesses to receive funding through the state’s Cannabis Business Pilot Grant. A total of 16 aspiring cannabis retailers received the grants through a program that seeks “to save small businesses money, foster equity and diversity in the cannabis industry, and... Read more
Garcia Hand Picked, the cannabis brand founded by the family of legendary Grateful Dead lead guitarist Jerry Garcia, entered its fifth legal cannabis state today with an expansion into Colorado’s competitive recreational weed market. A collaboration between multistate operator Holistic Industries and Colorado craft cultivator Veritas Fine Cannabis, the... Read more
Survey Shows Marijuana Use Dropping Among Colorado Teens
Marijuana consumption among Colorado high school students dropped significantly from 2019 to 2021, according to a survey conducted by the Colorado Department of Public Health and Environment. The CDPHE’s Healthy Kids Colorado Survey is conducted every other year to monitor teen drug and alcohol use, mental health, bullying, sexual activity and other adolescent... Read more
With cannabis legalization efforts continuing to succeed across the United States, the need for skilled workers in the legal weed industry continues to grow. In a recent jobs report, Leafly and Whitney Economics projected that when weed is legalized nationwide, the regulated cannabis industry could support as many as... Read more
Colorado marijuana sales dip to $153M in April
Marijuana sales in Colorado dipped to $153 million in April, according to the latest market data from the Colorado Department of Revenue (CDOR). Overall, more than $131 million in recreational marijuana was sold in the state compared to $21.3 million in medicinal marijuana. The total sales figure from April also represents... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, This... Read more
Governor Signs Law Calling for Intoxicating Hemp Research, Future Rules
Colorado’s hemp and marijuana industries will soon have to hammer out rules for intoxicating hemp products and modified cannabinoids, two relatively new gray areas surrounding cannabis. On May 31, Governor Jared Polis signed Senate Bill 205, which calls for establishing a twenty-member task force comprised of hemp and marijuana... Read more
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