Colorado

Synonyms: 
Denver
Thu
15
Oct

Colorado has now sold over $9 billion in legal marijuana

Colorado has now sold over $9 billion in legal marijuana, according to new data from the Colorado Department of Revenue (CDOR).

In September, marijuana tax and fee revenue generated $38,626,414, making for a total of $1.49 Billion in generated revenue since January of 2014.

Colorado's marijuana sales, retail sales, and retail excise taxes all contribute to the tax revenue, while marijuana licensing and application fees contribute to the fee revenue.

Thu
15
Oct

Colorado Submits Further Comment On Hemp Rule

Colorado’s Governor and Commissioner of Agriculture have again weighed in on the USDA’s Interim Final Rule related to establishing the nation’s Domestic Hemp Production Program.

The Interim Final Rule has been a controversial document. There was an initial sixty day public comment period between October 31, 2019 and December 30, 2019 and a subsequent extension period between December 31, 2019 and January 29, 2020. Then another extension for public comment kicked off in September. That closed last week, on October 8.

Thu
08
Oct

Processing and CBD Extraction in Colorado’s Hemp Hub

For many who choose to live and work in Northern Colorado’s agricultural communities, there’s more to love than just the picturesque mountains in the distance or the easy accessibility to major metropolitan hubs like Denver and Fort Collins.

The area provides access to ag-based educational opportunities, industry partnerships, and processing facilities that just aren’t available in many parts of the country.

Creating a Knowledge Base

Owner of Hemp Processing Partners Shane Pritchard is opening an industrial hemp collaboration hub and laboratory in Greeley later this year.

Fri
02
Oct

Colorado Governor Pardons Cannabis Convictions

While the cannabis industry is currently thriving, there are still 40,000 people in the United States locked behind bars for minor cannabis-related crimes. 

Fri
02
Oct

The Age of Cannabis Delivery

The timeline of cannabis in America is certainly a tumultuous one. From being spiritually and ritualistically used by Native Americans, to being vilified and criminalized by early 1900’s government officials leading to a 75 year prohibition, to an explosive “war on drugs” that had a choke hold on American culture for over two decades, marijuana and its users have been on a seriously wild ride.

Thu
24
Sep

Are There Any States That Restrict CBD Products?

The most lenient states permit consumers to purchase almost every CBD type irrespective of its source or intended use.

As of 2018, all 50 states have officially legalized the use of hemp-based CBD products. In the United States, governing officials initially classified CBD, hemp, and marijuana as harmful substances. However, recent medical insight encouraged federal authorities to legalize industrial hemp and CBD on a national level.

For routine CBD consumers, legalization may be good news. Though CBD-based products are manufactured and distributed throughout the United States, you’ll need to remember that each state has set its own rules regarding CBD use.

Mon
21
Sep

Colorado, Illinois Report Record-Breaking Cannabis Sales

Cannabis sales in Colorado and Illinois reached record highs in July and August, data from both states reveals.

According to the Colorado Department of Revenue, adult-use cannabis sales eclipsed $183 million in July and $954 million year-to-date.

Thu
17
Sep

Colorado marijuana sales blow past $200 million in July

Colorado cannabis sales set a record yet again in July, eclipsing $200 million in a single month for the first time.

Dispensaries sold $183,106,003 in recreational marijuana and $43,268,565 in medical marijuana in July, for a combined $226,374,568 in revenue, according to data from the Colorado Department of Revenue. That’s up 13.8% from June, another record-setting month when the industry raked in nearly $199 million.

Mon
14
Sep

Colorado cold snap could disrupt state's marijuana industry

Early cold temperatures and snow in Colorado may have destroyed millions of dollars worth of outdoor plants, cannabis and hemp companies said.

The drop of about 70 degrees Fahrenheit (21 degrees Celsius) occurred too early in the growing season for farmers to harvest the plants, Marijuana Business Daily reports.

Jon Vaught, CEO of a cannabis biotech firm Front Range Biosciences, said the temperatures below freezing Tuesday and Wednesday combined with snow were “catastrophic for growers.”

Fri
04
Sep

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