Prepared by NCIA The National Cannabis Industry Association (NCIA) invites industry owners, operators, regulators, and elected officials to download our latest position paper on cannabinoid regulation. With over 100 different cannabinoids found in cannabis, nuanced and thoughtful policy considerations are crucial for shaping a safe and thriving industry. Our... Read more
Related Articles The city of Brighton is about to get a little greener. This week, the Brighton City Council voted 7-2 to allow recreational marijuana shops for the first time. The council-approved ordinance allows for the establishment of four stores, with two of the licenses reserved for social equity... Read more
Related Articles Marijuana regulations don’t seem overly complex Re: “Colorado paved the way, and sky didn’t fall,” Dec. 31 news story I read with interest the article about the 10-year wild ride of marijuana legalization and was intrigued by the comment by Truman Bradley, executive director of the Marijuana... Read more
Prepared by NCIA The simple truth is that regulated cannabis markets are not working for the vast majority of small businesses, including equity businesses. Regulators increasingly understand that these businesses are struggling, but face the daunting challenge of knowing where to start with the many, many, many voices calling... Read more
Prepared by NCIA Section 280E of the Internal Revenue Code forbids businesses from deducting otherwise ordinary business associated with the “trafficking” of Schedule I or II substances, as defined by the Controlled Substances Act. This provision was enacted by Congress in 1982 in order to penalize illegal drug dealers. ... Read more
Related Articles Eight businesses have recently received warnings for hosting marijuana-related activities in Denver without the required license, with a separate ticket issued to Tetra Lounge. On Saturday, the city investigated multiple locations after receiving complaints of illegal events taking place, said Eric Escudero, spokesperson for Denver Department Of... Read more
Risk Management and Insurance Manual: A Novel Cannabinoid Conundrum – Loopholes, Liability, and Legislation | The National Cannabis Industry Association <!– –> Prepared by NCIA The National Cannabis Industry Association’s Risk Management & Insurance Committee is a multidisciplinary group of risk management professionals convened to draw on the expertise... Read more
Related Articles Colorado’s marijuana industry dubbed weed sales for this year’s 4/20 “the worst” in five years. The Marijuana Industry Group, a Denver-based trade association, is sounding the alarm bells for the state’s “struggling” industry, as falling sales compound with business closures and layoffs. This year, the market’s entrepreneurs... Read more
Related Articles A local dispensary has bought a piece of the city’s history. Wellness Center of the Rockies, also known as The Center, recently purchased a former firehouse at 600 S. Broadway for $3 million. The seller, Firehouse Thirteen LLC, purchased the property for $300,000 in 2000, property records... Read more
Related Articles Tetra Lounge, one of Denver’s first cannabis-friendly smoking lounges, is preparing to reopen this summer after closing temporarily more than a year ago. Owner Dewayne Benjamin retooled the concept slightly, transforming an outdoor patio into the primary marijuana smoking area as he works to upgrade the business’... Read more
