Colorado

The initiative would raise the state’s cannabis excise tax to fill the pandemic-related education funding gap.

Adult-use cannabis legalization in the U.S. has generated nearly $8 billion in tax revenue for the states that have passed the reforms.

Colorado Gov. Jared Polis has signed legislation into law to double personal cannabis possession limits and expand criminal justice reforms in the state.

A Colorado bill is seeking to reduce the amount of concentrates that medical cannabis patients ages 18-20 can purchase in an effort to prevent the diversion of such products to Colorado’s youth.

Two people were indicted by the Department of Justice last week for their involvement in a multi-million dollar Ponzi scheme involving fake cattle trades and a Colorado cannabis business.

Colorado cannabis regulators have banned hemp-derived and synthetic forms of THC, including Delta-8 and Delta-10 THC, from being sold in licensed dispensaries.

The city of Denver is set to license new cannabis businesses for the first time since 2016 but new applicants must meet the city’s social equity requirements, and some neighborhoods will be excluded as they are already oversaturated with cannabis businesses.

Colorado Gov. Jared Polis signed a bill allowing K-12 schools to store and administer non-smokable medical cannabis products to student patients.

As New Mexico prepares for its adult-use cannabis program, experts predict it could disrupt parts of the Colorado cannabis industry that benefited from New Mexico residents who came to purchase regulated cannabis products.

Denver officials approved new rules this week establishing cannabis delivery and consumption lounges in the city. The programs are expected to be fully implemented by July.

The City Council in Denver, Colorado is poised to approve regulations establishing cannabis delivery, retail social equity licensing, and new social consumption options in the city.

Colorado is holding auctions for several cannabis-themed license plates as a fundraiser to benefit the Colorado Disability Funding Committee; auctioned plates include SATIVA, GANJA, ISIT420, TEGRIDY, and more.

Steve Fox, the lead drafter of Colorado’s historic legalization initiative approved by voters in 2012, has died at age 53.

Colorado sold $167 million worth of cannabis products in February, which is $20 million less than January, but sales figures so far this year are still outpacing 2020.

Cannabis technology firm Veriheal is offering $20,000 in scholarships to 20 students with the best ideas for improving the cannabis industry.

Colorado state senators have approved legislation allowing children with complicated medical conditions to access medical cannabis while at school.

Colorado is the latest state to consider capping THC content in cannabis products after a lawmaker there proposed a 15 percent THC cap for concentrates.

A recent study found that an eighth of legal cannabis can carry up to a 41-pound carbon footprint.

Verano Holdings in Chicago is facing a RICO lawsuit for allegedly having an employee illegally transport cannabis clippings from Illinois to Arkansas. The company has called the charges “totally false and absurd.”

A recent BDSA report found that global cannabis sales reached nearly $21.3 billion last year.

Despite the pandemic, Colorado set a new annual cannabis sales record in 2020 at $2.19 billion.

Black people in Montana are 9.6 times more likely to be arrested for cannabis possession than their white counterparts — it is the country’s biggest racial disparity for cannabis arrests. Colorado, at 1.5 times more likely, has the lowest racial disparity among cannabis arrests.

According to the Leaflink 2020 Wholesale Cannabis Pricing Guide, wholesale flower prices increased 18% nationwide last year while edibles/ingestibles saw an 11% price decrease.

Bob Eschino and Derek Cumings are co-founders of Medically Correct, a Colorado-based cannabis edibles firm founded in 2010.