Colorado

Synonyms: 
Denver
Tue
06
Jul

New Rules in Colorado Rules Pave the Way for Bright Future of Hemp

Earlier this year in April, the Colorado Department of Public Health and Environment released a publication that included changes to state “wholesale food, industrial hemp and shellfish regulations.” Some of these regulations officially went into effect on July 1, and now, the state will move forward into a new era of legal cannabis, but one that could potentially cause problems.

Tue
29
Jun

Colorado Limits Purchases of Cannabis Concentrates and Puts Restrictions on Medical Marijuana Program

Colorado Gov. Jared Polis signed a bill on Thursday that tightens limits on cannabis concentrates and puts restrictions on medical marijuana patients and their physicians. The measure, House Bill 1317 (HB21-1317), also funds research into the effect that high-potency marijuana products can have on developing minds.

Tue
22
Jun

Colorado May Pass a Bill to Restrict The Marijuana Industry

When you think of liberal cannabis laws, Colorado is probably near the top of the list. However, according to a recent MJBizDaily article, the Colorful State will likely add restrictions to their marijuana industry, pending the signature of Gov. Jared Polis. If passed, House Bill 1317 would:

 

Mon
21
Jun

Bummer: Colorado COVID-19 Cannabis Executive Orders Set to Expire

Executive orders that relaxed cannabis regulations in Colorado during the COVID-19 pandemic expired last week after earlier efforts by state lawmakers to make them permanent failed. The executive order from Democratic Gov. Jared Polis expired on June 10, ending temporary authority for physicians to make medical marijuana recommendations for patients via telemedicine appointments and for cannabis dispensaries to take online payments for customer orders.

Wed
16
Jun

Colorado COVID-19 Executive Orders For Cannabis Expire

Executive orders that relaxed cannabis regulations in Colorado during the COVID-19 pandemic expired last week after earlier efforts by state lawmakers to make them permanent failed. The executive order from Democratic Gov. Jared Polis expired on June 10, ending temporary authority for physicians to make medical marijuana recommendations for patients via telemedicine appointments and for cannabis dispensaries to take online payments for customer orders.

Polis issued the executive order on March 20, 2020 in the midst of a stay-at-home order and business closures put into place in response to the coronavirus outbreak. The order was extended several times through 2020 and as recently as May 12, 2021, but finally expired at 11:59 p.m. on June 10.

Wed
09
Jun

Taxing Marijuana: Which Recreational States Levy The Highest Taxes?

American attitudes towards the legalization of marijuana have shifted in the last few years. In 2019, 66% of Americans say the use of marijuana should be legal, which represents a stark difference from the 33% of Americans who supported the measure in 2009.

As a result, a growing number of states have legalized recreational marijuana. Nine states are currently selling marijuana recreationally and several other states have legalized marijuana but are still setting up the retail and tax structure. 

Mon
07
Jun

Colorado Submits Hemp Plan To Feds

Colorado has submitted a revised Hemp Management Plan to the U.S. Department of Agriculture (USDA) that it says aligns with the Department’s Final Rule.

Fri
28
May

This Coast-to-Coast Cannabis Grower Just Made a Big Move in Colorado

marijuana plant with growth graph

A story equally impressive may be in its overseas activities.

2021 is looking to be the year in which we find some normalcy and recovery. For Curaleaf Holdings (OTC:CURLF), a vertically integrated cannabis producer, 2021 has so far been nothing short of record-breaking. The company recently reached a milestone $1 billion in annual sales, hitting $260 million in the first quarter of this year. 

Fri
28
May

Colorado Cannabis Company, Nature’s Root Labs, Breaks New Ground by Unionizing

The Colorado cannabis landscape is shifting, and unionization is coming to the industry. Nature’s Root Labs in Longmont, Colorado just unionized employees through United Food and Commercial Workers (UFCW).

Nature’s Root Labs sells CBD to Union Harvest in Florida, a company that then uses the raw product to make cannabidiol-rich CBD offerings for their customers. Now, the business has reached an official agreement with the UFCW that will provide a legal union option for the company’s workers.

Tue
25
May

The Success Of Colorado’s Marijuana Tax Dollars

Since 2012, when voters in Colorado passed Amendment 64 and legalized the first adult-use, recreational marijuana market in the U.S., the state has surpassed $10 billion in total sales. This not only represents a massive success and proof-of-concept for the future of the American cannabis industry, it also accounts for billions in tax revenues for the state of Colorado.

 

During the last six years, the Centennial State has collected over $1.6 billion - that’s just at the state level- in marijuana taxes and fee revenues. This untapped tax revenue stream was a pivotal selling point for Colorado voters in passing recreational cannabis legalization in 2012. So the question is: how has Colorado allocated these newfound tax dollars over the past six years?

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