Akerna Flash Report: Labor Day weekend expected to bring in over $240 million in national retail cannabis sales

marijuana leaf

Business intelligence from Akerna (Nasdaq: KERN), an enterprise software, leading compliance technology provider, and developer of the cannabis industry's first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), predicts that the upcoming Labor Day weekend, September 3 – September 6, will bring in over $240,000,000 in legal national cannabis sales. 

Friday, September 3, will be the largest sales day of the weekend, with a predicted $90,000,000 in sales, up 62% from daily average sales. This would be the second-highest sales day of 2021, falling after 4/20, the unofficial cannabis consumption holiday.


Five Things to Know Before Ordering Weed Delivery in Denver

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Denver history was made last week when the city's first legal recreational marijuana deliveries took place. After a soft launch, Doobba, Denver's first marijuana delivery service, is now handling orders from the public for Strawberry Fields dispensary, with plans to partner with more stores in the near future. (Originally posted on Westword-Herbert Fuego)

We were lucky enough to get on the list for Doobba's first round of deliveries, and the transaction was smooth and simple enough. But ordering weed isn't the same as ordering pizza or booze, and you'll need  to know a few things before getting text updates regarding your ounce of GMO ZKittlez.


Schwazze To Buy Colorado Cultivation Grower Brow 2 For $6.7M In Cash

Schwazze (OTCQX), previously operating as Medicine Man Technologies, revealed Monday it has signed an agreement to acquire the assets of Brow 2, LLC, located in Denver, Colorado for $6.7 million in cash. The planned transaction includes a 37,000 square foot building (27,000 square feet of canopy) for indoor cultivation and equipment. (Article originally appeared on Benzinga by Nina Zdinjak)


This transaction continues Schwazze's aggressive expansion in Colorado and will significantly enhance the Company's cultivation resources, providing product directly to its seventeen Star Buds brand dispensaries.

The acquisition is expected to close in the third quarter of 2021 after the Colorado Marijuana Enforcement Division and local licensing approval.


CBD isn’t regulated by the FDA. Here’s why Colorado companies are pushing for that to (quickly) change.

test tube with liquid in it.

Colorado is at the center of the nation’s cannabidiol boom, producing much of the nation’s hemp and serving as home to many CBD sellers.

Inside a nondescript office building in Englewood, a deafening alarm stops a team of workers in lab coats and hair nets. It’s a sensor alerting staff to a potential problem with the product, tiny bottles of cannabidiol moving along a conveyor belt at a swift pace. 

The vials are headed to a fulfillment warehouse where they’ll be shipped on to online consumers across the U.S. and quality is critical as the already multibillion-dollar demand for CBD grows.


Marijuana delivery starts in Denver Thursday with a soft launch

denver city skyline

The Strawberry Fields dispensary in Denver plans to kick off a soft launch of its marijuana delivery services on Thursday, alongside transporter business DOOBBA. 


The dispensary plans to officially start delivery on Monday.

“We are super excited to be the first in Denver. We are ready to crush it and make it our own and hopefully lead by example for others that follow,” Strawberry Fields COO Faline Vanlandschoot said. 

This summer, marijuana delivery became legal in Denver. So far, a total of six dispensaries or medical marijuana facilities have been licensed, according to city data.  


Denver universities are serious about the marijuana and beer business

Local colleges have noticed and are capitalizing on the popularity of both markets, hoping to attract prospective students with programs built to train the next generation of cannabis and alcohol entrepreneurs. Denver has a reputation as the place to be for cannabis and craft beers. And those lucrative markets need people to run them.

Carly Bader, an adjunct professor for the program who has worked in the scientific arm of the industry for four years, said she had to learn a lot of the aspects of her work while on the clock. She hopes students will leave the program with enough knowledge to hit the ground running.


Can Colorado become the leader in industrial hemp?

“My name is Jared Polis and hemp – it’s everything.”

This was the message Colorado’s governor used to sign off on an order declaring June 6–13 Hemp Week in the Centennial State, and he is staking his legacy on the often-maligned plant that had been illegal to grow in the U.S. for nearly 50 years.

This is no surprise from Polis. In 2013, when he was serving in Congress, the Boulder native helped a lobbyist fly an American flag made from hemp grown in Colorado – which was illegal to grow in the U.S. at the time – over the U.S. Capitol on the Fourth of July. To kick off newly declared Hemp Week, Polis put an exclamation mark on his sustained efforts to champion cannabis and raised hemp-made American and Colorado flags over the state Capitol.


New State Cannabis Office Debuts in Colorado

marijuana product



Governor Jared Polis of Colorado is creating a more socially equitable state cannabis industry with Senate Bill 21-111. (image source: Shutterstock)

Colorado Governor Jared Polis announced the official launch of the Cannabis Business Office (CBO), which will manage multiple aspects of business owner support and social equity in the industry.


New Cannabis Business Office to Support Innovation and Job Creation in Colorado’s Thriving Cannabis Industry

Governor Jared Polis and the Colorado Office of Economic Development and International Trade (OEDIT) announced today the launch of the Cannabis Business Office, housed within the Business Support and Rural Prosperity division.

“The Cannabis Business Office shows our administration’s focus on growing this thriving industry that supports jobs and our economy,” said Governor Jared Polis “This office will offer tools like technical help and improve access to money for businesses. Where the federal government has fallen behind, Colorado will lead. Colorado is, and always has been, the best place to live, work, grow and sell cannabis.”


Colorado Company Scores DEA Cannabis Research Licence

research lab

US medical cannabis company MedPharm Holdings subsidiary MedPharm Research has been approved for a Drug Enforcement Administration (DEA) Schedule I Researcher License.

Acquiring this was no mean feat as the DEA is still particularly sensitive to anything cannabis related.

“It’s been a long road to getting a federally approved license,” said Albert Gutierrez, CEO of MedPharm Research. “We are thrilled and honored that the DEA saw the importance and significance of the work we do at MedPharm. We proved to them that we deserve this license.”


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