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)
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
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
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
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
The Lodge dispensary in Denver recalls marijuana products with high yeast and mold levels
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
After only a month, Denver’s second social marijuana business is closed and up for sale
Vape and Play opened in January, creating a new place for tourists and others to use marijuana legally in Denver. It was only the second business to win the city of Denver’s new “social use” license. Weeks later, the owners have closed their doors at 1753 S. Broadway and... Read more
From cow town to tech town: Denver’s startup scene is flourishing
Move over silver miners, cowpokes and roughnecks, Denver is a tech town these days. The numbers tell the tale. At least 22 tech firms either moved their headquarters or opened field offices along Colorado’s Front Range between July 2017 and June 2018. They were drawn by a supply of... Read more
Marijuana banking bill headed to full U.S. House
DENVER — Legislation that would provide federal protection for financial institutions that serve state-authorized marijuana and ancillary businesses passed a U.S. House committee on Thursday. The House Financial Services Committee voted 45-15 to advance the bill after amending it to include provisions to provide a safe harbor for insurance... Read more
Hemp entrepreneurs hear the benefits — and challenges — of booming industry at Colorado expo
The head of an international natural products association told a crowded room of hemp entrepreneurs Friday that their industry is forecast to generate as much as $45 billion by 2024 — but big questions and regulatory hurdles loom. Judith Kohler, The Denver PostColorado Gov. Jared Polis, left, and Loren... Read more
Turning point for legal marijuana in Colorado: Big changes in the works as state plays catchup
Colorado’s status as the frontier for legal marijuana is fading fast as larger states get in the game, spurring lawmakers this spring to consider big changes that would reverberate for years to come. Substantial proposals are predicted to unleash an influx of money from larger investors into the state’s... Read more
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