Colorado

Synonyms: 
Denver
Wed
17
Jun

Colorado Officially Celebrates Hemp

Last week was Hemp Week across the USA, but in the state of Colorado a special local event was officially proclaimed by the state’s government.

As we recently mentioned, a national Hemp Week was held last week – an initiative of the Hemp Industries Association (HIA) that is now in its 11th year. Colorado’s state government took things a step further by issuing an official proclamation declaring Colorado Hemp Week; with a slightly different timeline – June 7 – 13.

Tue
02
Jun

5 Lessons Learned In 5 Years Of Cannabis Legalization

The slow crawl toward federal cannabis legalization has been occurring in the form of scattered decriminalization and medical efforts for decades. The last 5 years, in particular, can provide cannabis entrepreneurs with valuable insight into mistakes made. 

As the modern cannabis industry enters its fifth true year of learning, I have taken serious note of pitfalls to avoid. Profitability will remain elusive if new and old cannabis entrepreneurs don’t learn from past mistakes.

1. Avoid bad business partners and greedy consultants

Most companies in the cannabis space were in California and Colorado before 2015. Then, other states started coming online in rapid-fire. Those years mark the lost years of bad partnerships and bad “consultants”. 

Mon
01
Jun

Washington and Colorado Saw Spike in Tourism Following Marijuana Legalization

Both Washington and Colorado saw a significant increase in tourism associated with the legalization of marijuana. This is according to a new study, titled (Pot)heads un bed: The effect of marijuana on hotel occupancy in Colorado and Washington, was published in the Journal of Regional Analysis & Policy.

For the study researchers compared rates of hotel occupancy in Colorado and Washington following legalization, and compared it with other states. They found a “large increase in hotel rooms rented in Colorado” following legalization.

Fri
22
May

New Poll Shows Those Living In Cannabis-Legal States Consider The Law Successful

For residents in states that have legalized marijuana, the grass is indeed greener on their side.

That’s the takeaway from new polling data released earlier this month. The survey, from pollster YouGov, found that in “many states where recreational cannabis is legal, a plurality of citizens believes these laws have been more of a success than a failure overall.” 

Fri
22
May

Marijuana Industry Soars In Midwest, Even As Pandemic Lockdown Continues

As Illinois went through its first full month of coronavirus-related lockdown, an interesting thing happened with marijuana sales. Rather than drop, recreational marijuana sales reached $37.7 million, the highest total sales since Illinois legalized adult-use cannabis in January of 2020.

Gov. J.B. Pritzker’s can take credit for the soaring sales - or, at least, for not impeding them. Rather than close dispensaries, Pritzker made them an essential business, allowing them to stay open even as he put the state under stay-at-home orders that now extend through May.

Wed
20
May

Analysis: Adult-Use Marijuana Legalization Associated with Tourism Spike

The enactment of adult-use cannabis legalization laws in Colorado and Washington is associated with increased tourism in both states, according to data published in the Journal of Regional Analysis & Policy.

A team of researchers affiliated with Berry College in Georgia compared rates of hotel occupancy in Colorado and Washington post-legalization as compared to trends in other non-legal states.

Tue
19
May

Enthusiasm leads to oversupply of hemp in Colorado

High prices, enthusiastic support from local government and business groups, and looser regulations in the wake of the 2018 Farm Bill passage led to the planting of tens of thousands of new acres of hemp over the last few years.

In 2019, it became clear that the result of the additional product resulted in a production oversupply still being felt by the industry today, according to the 2020 Hemp Crop Survey from The Jacobsen Publishing Co., a Boulder-based commodity-pricing reporting agency.

Mon
18
May

How Coronavirus Could Save Colorado’s Cannabis Industry

The new coronavirus appeared and began causing devastation around the world with such haste that most individuals have not had time to catch their breath — if you can pardon the metaphor.

Businesses, too, are struggling to survive in a climate of fear and discomfort, and many are suffering significant setbacks that might result in widespread, long-term economic fallout if not properly addressed by the government.

However, not all industries are flailing. In many parts of the country, cannabis dispensaries are noticing a remarkable shift in public attitude as well as a much-needed boost to sales. In Colorado, especially, coronavirus has brought sweeping changes to the policy, which could ultimately save the industry in the state.

Fri
15
May

Poll: Respondents in Adult-Use Marijuana States Say Legalization Has Been Successful

Most adults living in states where marijuana use is legal view the policy change as successful, according to state-specific polling data compiled by YouGov.com.

Respondents in California, Colorado, Illinois, Maine, Massachusetts, Michigan, Nevada, and Washington were asked their opinion regarding whether their state’s adult-use legalization policy “has been a success or a failure.”

Tue
05
May

Colorado Might Keep Curbside Cannabis Pick-Up After COVID-19 Pandemic Ends

Ever since COVID-19 started impacting Colorado and shut-down orders were put in place across the state, the state relaxed some rules and allowed for curbside cannabis and online ordering. The new, convenient purchase methods may remain in place even once COVID-19 measures are relaxed and folks can resume their normal shopping habits.  

According to Westword, many are enjoying being able to order their cannabis at home and then go pick it up. In addition to being a safer option right now, it saves the customer time. 

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