Denver marijuana sales reach record high of $587 million, sales across state continue to rise
Denver dispensaries sold more than $587 million in marijuana in 2017 even as sales in shops in other parts of the state continue to grow. Retail sales totaled $377 million in Denver, according to the city’s annual report on the marijuana industry released Thursday. The city’s revenue from all marijuana sales... Read more
Corona beer brewer extends pot bet with $3.8 billion investment
By Eric Pfanner, Kristine Owram and Jen Skerritt Constellation Brands is spending C$5 billion ($3.8 billion) to boost its stake in Canadian cannabis grower Canopy Growth Corp., betting legalization of the drug will continue to gain traction in the U.S. and around the world. Constellation, the brewer of Corona... Read more
Stakes are High for Marijuana Businesses Navigating New Advertising and Marketing Regulations in Massachusetts
In this paper, prepared by Ian Stewart and Kara Thorvaldsen of Wilson Elser LLP for NCIA’s Finance and Insurance Committee, within the Risk Management Subcommittee, Massachusetts’ new regulations governing branding and marketing by adult-use marijuana businesses and related risk exposures are examined. Read more
The New Politics of Marijuana: A Winning Opportunity for Either Party
Prepared by NCIA NCIA’s “The New Politics of Marijuana: A Winning Opportunity for Either Party,” highlights the significant voter support for marijuana policy reform and the legal cannabis industry through thoughtful examination of recent public opinion polling and electoral wins. Read more
Denver’s second licensed social marijuana business to open this fall as vaping bar and lounge
Denver’s licensing director signed off Friday on the city’s second license for a marijuana consumption area in a business, paving the way for a vaping bar and lounge to open this fall. The owners of Vape and Play plan to open the 21-and-over social lounge and entertainment venue in... Read more
Mandatory testing costly for Colorado marijuana growers
By Bart Schaneman DENVER — New mandatory marijuana pesticide testing in Colorado is putting a financial squeeze on local cultivators to the tune of thousands of dollars in increased costs. The added expense is the latest financial blow to hit the state’s cultivators, which are already struggling with falling... Read more
Boulder couple to open locally sourced CBD boutique
Boulder couple Jessica and Ed Bates are opening a new CBD boutique that will be stocked with products made from hemp grown right down the road from future store location. Moon Mother Hemp Company: A CBD Boutique, which will be located in 550-square-foot store front in Boulder’s Water Street... Read more
It’s time for Colorado to update it marijuana laws
Colorado has done an admirable job of implementing the legalization of medical and retail marijuana, creating a stable regulatory environment in which the industry can grow, while protecting the public health and safety. However, the state’s regulatory regime has become too complicated since its initial implementation, and it is... Read more
Crisis Communications Manual: A Guide for Crisis Communication in Cannabis (July 2018)
Prepared by the Crisis Manual Subcommittee of the Marketing & Advertising Committee, this manual includes proper crisis preparedness and management processes that can help protect a brand’s reputation and market share. This guide includes industry specific tools for crisis resistance, responsiveness, and resilience. Read more
Cannabis Testing Policy: Recommendations For More Thoughtful And Consistent Regulations
In this report prepared by NCIA’s Policy Council, we explore recommendations for cannabis testing policies including requirements for proficiency, contaminants, potency and active ingredients, as well as records retention and laboratory accreditation. Read more
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