Can marijuana dispensaries stay open during Colorado’s coronavirus crisis? It depends.
Marijuana Business, Stocks, Finance, & InvestingMedical Marijuana March 23, 2020 0
Colorado Gov. Jared Polis deemed marijuana dispensaries “critical” retail businesses in an executive order Sunday urging employers to reduce their in-person workforces, meaning they would stay open if other industries were forced to shutter to mitigate the spread of coronavirus. The governor’s order, however, will change how dispensaries do... Read more
Cannabis giant Curaleaf to acquire Colorado edibles maker BlueKudu
CBDMarijuana Business, Stocks, Finance, & Investing March 3, 2020 0
A Denver-based edibles manufacturer is being scooped up by a multi-state marijuana company in one of the year’s first local business acquisitions. Courtesy Blue KuduCannabis giant Curaleaf is set to acquire BlueKudu, the Denver-based maker of edible marijuana products, including these infused gummies Cannabis giant Curaleaf is set to... Read more
Letters: Meeting with the enemy demonstrates hypocrisy; Bad for marijuana business, good for criminals; This land is our land; Agree to disagree (2/20/20)
Marijuana Business, Stocks, Finance, & Investing February 20, 2020 0
Meeting with the enemy demonstrates hypocrisy This past weekend, Sen. Chris Murphy, D-Conn., secretly met with Iranian Foreign Minister Javad Zarif. Murphy justified this meeting by saying, “I think it’s dangerous to not talk to your enemies. Discussions and negotiations are a way to ease tensions and reduce the... Read more
Colorado marijuana sales hit a record $1.75 billion in 2019
Marijuana Business, Stocks, Finance, & Investing February 18, 2020 0
Last year was the most lucrative 12 months for cannabis sales in Colorado since the state’s voters legalized recreational marijuana. Medical and recreational cannabis sales hit a record $1.75 billion in 2019, up 13% from 2018, according to data from the Department of Revenue’s Marijuana Enforcement Division. Marijuana tax... Read more
Marijuana banking bill gets pushback from Colorado’s Buck, Lamborn
Marijuana Business, Stocks, Finance, & Investing February 17, 2020 0
Twelve members of the U.S. House of Representatives, including two from Colorado, are publicly pushing back against a federal bill that would give legal cannabis businesses access to banking services. Craig F. Walker , The Denver PostU.S. Rep. Ken Buck in 2014 (Denver Post file) In a Feb. 13... Read more
Why cannabis sponsors the cleanup of more Colorado highway miles than any other industry
Marijuana Business, Stocks, Finance, & InvestingReal Estate February 14, 2020 0
Cannabis companies are the leading sponsors of Colorado highways, accounting for cleanup on two-thirds of the roads maintained by Clean Colorado — a program the industry has leveraged as a loophole in the state’s strict limits on marijuana advertising. Currently, 51 cannabis dispensaries, cultivators, manufacturers and edible producers sponsor... Read more
Supreme Cannabis Focuses Organization and Reduces Cost Structure to Accelerate Profitable Growth
CBD February 11, 2020
Ryan Allway February 11th, 2020 App, News, Top News Corporate positions decreased by approximately 33% and operational positions decreased by approximately 13% Total number of positions decreased by approximately 15% across the Company New structure focuses the business on accelerating revenue growth in the Canadian market TORONTO, February 11,... Read more
The Future of Cannabis Retail Is Here
February 11, 2020
Robin Lefferts February 11th, 2020 App, Exclusive, Top Story Cannabis has been grown and sold illicitly for generations in California. But legal sales of cannabis through retail stores is still relatively new. With black- and gray-market sellers as precursors, most cannabis dispensaries today don’t stray far from the old-school... Read more
The Lodge dispensary in Denver recalls marijuana products with high yeast and mold levels
Marijuana Business, Stocks, Finance, & Investing February 10, 2020 0
A Denver dispensary issued a voluntary recall on several marijuana products Monday due to elevated levels of yeast and mold. The Lodge, which operates two locations in the Barnum and River North neighborhoods, recalled all retail plant material, including flower, shake, trim and pre-rolled joints, following an investigation by... Read more
Ryan Allway February 7th, 2020 App, Exclusive, News, Top News Colorado cannabis sales hit $1 billion in total cannabis-related revenue in 2019, becoming the first state in the country to hit that milestone five years after legalization. In addition, Colorado has the highest per-person spending on cannabis at $280... Read more
