Colorado

Synonyms: 
Denver
Thu
04
Mar

Cannabis Job Growth Up 32 Percent in 2020, Despite Covid-19

hand picking up cannabis buds from a white table

Leafly’s fifth annual cannabis jobs report showed the cannabis industry to support 321,000 full-time equivalent jobs in 2021! An incredible number for an amazing and highly-deserving industry.

Cannabis jobs aren’t accurately reported to the Department of Labor because it’s federally illegal, so in partnership with Whitney Economics, Leafly has been filling that gap since 2017! The result is a goldmine of knowledge, and always filled with incredible cannabis job data.

Mon
01
Mar

What will happen if New Mexico legalizes recreational marijuana?

man working in cannabis greenhouse

The New Mexico Legislature is looking at legalizing marijuana for recreational use through a bill that was recently passed by two House committees, but some local businesses between Farmington and Durango have reservations, as does local law enforcement.

The bill, sponsored by Reps. Javier Martinez, Andrea Romero and Deborah A. Armstrong, passed the House Health and Human Services Committee on Feb. 15 and passed the House of Taxation and Revenue Committee on Wednesday.

Tue
23
Feb

Edibles Outperform Cannabis Industry Growth in 2020

stacks of packaging with cannabis buds

The COVID-19 pandemic has caught the world completely off guard. It changed the way everything works, and it made a significant impact on most industries all over the globe. The cannabis industry also saw some massive changes due to its impact.

Thu
18
Feb

32% Cannabis Job Growth In 2020, Despite COVID-19

hand rolling joint

In four years, the cannabis industry’s job growth has increased 161%, quickly beating predictions from other industries 10 years from now.

Leafly’s fifth annual cannabis jobs report showed the cannabis industry to support 321,000 full-time equivalent jobs in 2021! An incredible number for an amazing and highly-deserving industry.

Thu
18
Feb

These States Have The Highest Cannabis Sales Taxes In America

pile of money with a cannabis bud on top

It can be argued that the high taxes are well-intentioned, signaling support for an inclusive cannabis market.

Due to ongoing federal prohibition, America’s cannabis regulations remain fragmented by state. Until reform occurs, states will continue to set their program frameworks, including how it taxes the supply chain, with consumers feeling the brunt directly by taxes or indirectly by retailers up-charging to offset costs.

Fri
12
Feb

Concentrate Sales Are Up 40 Percent. Here's Why.

blocks of letters spelling out Sales on top of stacks of coins

Sales of marijuana concentrates shot up more than 40 percent last year and accounted for a larger share of the overall cannabis market, as consumers became more comfortable with the intricate process of dabbing and new technology has made the products easier to use.

In addition, some consumers are moving away from vape products because of respiratory-related health concerns and turning to concentrates such as wax, hash and shatter, according to industry insiders.

Fri
12
Feb

Colorado’s marijuana industry flexed its big muscles and now an effort to limit pot potency is unraveling

store front

State Rep. Yadira Caraveo says her proposal to limit the potency of marijuana sold recreationally in Colorado was just in its beginning stages. But when draft legislation was recently leaked and prominent figures in the state’s cannabis industry created an uproar, the measure started unraveling. 

Now, Caraveo, a Thornton Democrat and pediatrician, is backing off parts of the measure and loosening the restrictions in what’s left.

“Given the pushback that we’ve had overall on the bill,” she said, “we really want to streamline it and focus it on the things that we think absolutely need to happen this year.”

Wed
10
Feb

Colorado marijuana sales hit $2.2 billion in highest-selling year yet

man holding up marijuana leaf within a greenhouse of marijuana plants

Amid a global pandemic that disrupted many facets of commerce, Colorado’s marijuana industry experienced its most lucrative year on record with $2.2 billion in sales in 2020.

According to figures released Tuesday by the state Department of Revenue, dispensaries sold $186,343,208 in cannabis products in December, up 6.4% compared to the previous month. That brought the sales total for 2020 to $2,191,091,679.

The state collected nearly $32.4 million in taxes and fees in December, pushing the annual tax total to $387.4 million in 2020. And January proved to be an even bigger month for tax and fee collections as the state hauled in almost $35 million, according to the data released Tuesday.

Mon
08
Feb

Home grown? Medical cannabis companies mostly out-of-state

green background with white marijuana leaf and a white medical cross

Once again, out-of-state business entities and owners took the majority of dispensary and processor permits for West Virginia’s long-awaited medical cannabis program.

Last week, the Department of Health and Human Resources’ Office of Medical Cannabis announced that 100 dispensaries between 32 companies with locations in 23 counties had been selected. The Office of Medical Cannabis announced the selection of 10 growers in October 2020 and 10 processors in November 2020.

Thu
21
Jan

Colorado Cannabis Sales Top $2 Billion in 2020

Cannabis sales in Colorado eclipsed a record $2 billion in 2020, state records show.

According to the Department of Revenue’s Marijuana Enforcement Division (MED), adult-use cannabis shops throughout the Centennial State raked in nearly $1.6 billion year-to-date through November.

Meanwhile, medical marijuana dispensaries sold more than $405 million worth of products during the 11-month period.

By comparison, Colorado dispensaries sold a total of $1.7 million worth of cannabis in 2019.

December figures have not been released, however, between January and November, sales of cannabis were up 25% compared to the same 11-month period in 2019.

Pages

Subscribe to RSS - Colorado