Colorado

Synonyms: 
Denver
Fri
19
Oct

Colorado marijuana sales exceeded $1B through August

A Colorado reports shows marijuana sales in the state have exceeded $1 billion as of August of this year, with tax revenue from those sales reaching $200 million.

The Denver Post reports the state Department of Revenue report indicates medical and recreational marijuana sales are on track to break last year's record of more than $1.5 billion.

This year's combined sales reached the billion-dollar mark at the earliest point in the four years recreational marijuana has been legal in the state. Total Sales through August 2017 reached more than $996 million.

According to the Marijuana Enforcement Division's 2018 Mid-Year Update, the industry's hot spots are in Denver, Boulder, El Paso and Pueblo counties, growing 80 percent of all plants in the state as of June.

Mon
15
Oct

Colorado sprinkles its tourism market with cannabis. Is there a lesson for Michigan?

It’s late afternoon on board the Buds & Beers party bus, where black shades cover the windows, neon lights spiral and pot smoke swirls. Taylor Butterfield, 24, of Arlington, Texas, spies the time.

“It’s four-twenty, boys!” Butterfield crows as he tears into a bag holding the pot he just bought at The Green Solutions retail shop. “Four-twenty” is code in pot culture for a time of day or a day — April 20 — to use weed.

Butterfield’s ready to pack a pipe in honor of the hour, but really the guys have been puffing ever since they got on the bus about 2 p.m. The bus is filled with nearly 20 twenty-somethings come to party from Texas and Louisiana, even a guy from Brazil by way of North Dakota. Some of them are part of a bachelor’s party.

Fri
05
Oct

Biotech company raises $10 million for cannabis research project

Front Range Biosciences has plans for a large-scale cannabis research project. And now, they have the funding to do so.

Front Range Biosciences, an agricultural biotech company based in Lafayette, Colorado, has raised $10 million to finance a cannabis and hemp research and development program. The investments constitute the largest round of fundraising by a U.S. cannabis biotech company to date, according to a release from the company.

High Tech Propagation

Dr. Jonathan Vaught, the CEO and co-founder of Front Range Biosciences (FRB), said that the company will use the cash to expand its tissue culture propagation operations to provide growers with high-quality, healthy plants.

Thu
04
Oct

The top federal prosecutor in Colorado says the state’s marijuana laws are too loose

U.S. Attorney Bob Troyer said he is particularly concerned with how companies that grow marijuana account for damaged product.

Colorado’s system for regulating marijuana has too many loopholes that disguise illegal activity and jeopardize public safety, a federal prosecutor said Wednesday, detailing his motivation for boosting scrutiny in the first state to broadly allow cannabis sales.

Thu
04
Oct

Cannabis capitalism: Who is making money in the marijuana industry?

Marginalized groups that championed legalization struggle to compete with corporate refugees jumping on the bandwagon. 

Two hours north of San Francisco, in Mendocino county, orderly roadside vineyards give way to the rugged forests and misty coast of the Emerald Triangle, America’s most celebrated marijuana growing region. In June, more than 300 cannabis industry insiders gathered there for a weekend of bonfires, starlit hikes and river swims.

It was a lovely setting to discuss why none of them seemed to be making money. Americans spend roughly $40bn annually on legal and illegal marijuana. Their appetite is almost certain to increase as it becomes easier to legally access the drug and the industry continues to promote pot as compatible with a healthy adult life.

Wed
03
Oct

White House admits it has a secret anti-marijuana committee

The admission comes after BuzzFeed News uncovered the committee’s existence and reported on its requests for negative information on marijuana.

The Trump administration was evasive in August when BuzzFeed News reported on a secretive marijuana committee operated by the White House — detailing memos that indicated the committee’s agenda to propagate negative attitudes toward pot and portray the drug as a national threat.

But now the White House’s Office of National Drug Control Policy (ONDCP) has acknowledged the committee’s existence in a letter to a Democratic senator seeking information in light of BuzzFeed News’ report.

Wed
03
Oct

Some Colorado marijuana growers want specific organic cannabis designation

Will marijuana users pay more for weed that is grown using organic production methods? Some Denver-area growers say yes and they want to see the state create a certification for cannabis grown without toxic or synthetic fertilizers, GMOs or artificial preservatives or colors.

“Consumers deserve to know that there is organic and conventional,” said L’Eagle Services dispensary owner Amy Andrle. “Not that there’s anything wrong with conventional, but some people want to make that choice.”

Tue
02
Oct

How does Colorado rank for cannabis-positive workplace tests? You might be surprised.

An analysis of workforce drug tests by Quest Diagnostics has ranked Colorado 10th in the nation for positive marijuana results.

And the positive marijuana testing rate for Colorado has been increasing for years, Elisa Smith, a public relations professional hired by Quest Diagnostics, said. Quest Diagnostics, a clinical laboratory company, recently analyzed data on the top 10 states for cannabis-positive tests in the workforce.

Thu
27
Sep

Smash-and-grab thieves hit pot shop but only got away with oregano

A group of teens smashed a stolen van into a marijuana dispensary in Colorado Springs and stole a bunch of herb. Actually, it was herbs. Oregano, to be specific.

The owners of Native Roots, at Academy Boulevard and Austin Bluffs Parkway, told our partners at KKTV they don’t put real marijuana in the display cases. The smash and grab happened just after 1 a.m. in front of several witnesses.

“I was coming out from work, and all of a sudden we heard this big old crash,” Brent Wrathbone told KKTV. “[The suspects] came out with bunches of marijuana in their arms.”

Mon
24
Sep

Working while high? Not really a thing, it turns out

Since Colorado legalized marijuana, the state has become a popular destination for so-called weed tourists. Johnny Welsh, a writer and bartender in Frisco, Colorado, a Rocky Mountain town near Vail, remembers when he would have the entire fall off work. "The restaurants closed, and you could travel the world," he told MoneyWatch, somewhat wistfully.

But while the tourists might be there to consume recreational pot, the same isn't true for the workers. Despite generally loosening standards, Coloradans aren't showing up in droves for work while high, according to drug-test data.

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