Denver Organizers Denied High Times Cannabis Cup Permit
Wed / Feb 17th
Organizers of Colorado’s High Times Cannabis Cup have been denied a permit for the April event, reports The Denver Post.… Read More
Colorado Cannabis News
Colorado was the first U.S. state to legalize adult-use cannabis and, as the world’s first fully legal marijuana market, many entrepreneurs, investors, and policy-makers look to The Centennial State for lessons in carrying out their own cannabis reforms. Scroll down to browse all of our latest Colorado cannabis news, interviews, and more.
Denver Releases Recalled Cannabis Products Amid Lab Test Confusion
Wed / Feb 3rd
Denver has decided to release 28,000 formerly-recalled cannabis-infused products back onto the market, The Cannabist reports. The products had been recalled… Read More
Police Obstruct Plans for X Games 2016 Private Vape Party
Tue / Jan 26th
Snowmass Village police have denied a club owner’s request to bring in extra business during the X Games by holding… Read More
Denver NORML Wants to Revive Social Cannabis Use Ballot Measure
Mon / Jan 25th
The pro-cannabis group NORML has formed a new Denver chapter that says it plans to work to revive a social… Read More
Colorado Bill Would Establish Labels Specific to Pesticide-Free Cannabis
Fri / Jan 22nd
A bill proposed in the Colorado state legislature would mandate the creation of a label informing consumers whether or not cannabis products… Read More
Judge’s Ruling Sets Back Anti-Cannabis Lawsuit in Colorado
Thu / Jan 21st
A federal judge in Colorado has ruled that Gov. John Hickenlooper and other Pueblo County officials cannot be named as… Read More
Denver Mayor Warming to Idea of Cannabis Clubs
Tue / Jan 19th
Denver Mayor Michael Hancock has stated that he may be open to doing away with the city’s ban on cannabis… Read More
Colorado Sells Nearly $900 Million Worth of Cannabis During First Eleven Months of 2015
Thu / Jan 14th
Colorado has reached nearly $900,000,000 worth of cannabis sales recorded in 2015, according to data recently released by the Colorado Department… Read More
Stop Growing Cannabis Indoors
Tue / Jan 12th OPINION
Editor’s Note: This article was written by Jeremy Moberg, and was edited and assembled by the Ganjapreneur editorial staff. Jeremy… Read More
Massachusetts Senators Going to Colorado This Week to Learn About Cannabis
Mon / Jan 11th
Members of the Massachusetts Senate Special Committee on Marijuana will travel to Colorado next week in order to learn firsthand… Read More
Judge Dismisses Denver Cannabis Credit Union’s Lawsuit Against the Federal Reserve
Wed / Jan 6th
A lawsuit seeking federal approval for a credit union specifically designed to serve the cannabis industry was dismissed on Tuesday.… Read More
Kansas Attorney General Collecting Data on Colorado Cannabis
Wed / Jan 6th
Kansas Attorney General Derek Schmidt recently launched a statewide investigation on how Colorado cannabis is coming to Kansas, and how… Read More
Fourth Corner Credit Union Sues Federal Reserve Over Application Denial
Wed / Dec 30th
A little over a year ago, the Fourth Corner Credit Union announced its plan to become the first banking institution… Read More
Obama Administration Calls for Dismissal of Cannabis Lawsuit Against Colorado
Thu / Dec 17th
The White House is urging the Supreme Court to dismiss a court case brought against Colorado’s legalization of recreational cannabis by neighboring… Read More
Denver Issues 13th Cannabis Product Recall In 13 Weeks
Mon / Dec 14th
Denver has issued its 13th recall of cannabis products in the past 13 weeks, The Cannabist reports. The recall was… Read More
Marijuana Definitely Playing Role In Colorado Tourism, Survey Finds
Fri / Dec 11th
A study paid for by the Colorado Tourism Office presents evidence that marijuana is playing a larger and larger role… Read More
Englewood, Colorado Extends Moratorium on Cannabis Clubs; Further Regulations Under Consideration
Thu / Dec 10th
City officials in Englewood, Colorado have extended the city’s moratorium on cannabis clubs while they consider regulatory possibilities. Colorado has… Read More
Colorado Company EdiPure Recalls 7,700 Cannabis Edibles Over Pesticide Concerns
Fri / Dec 4th
It happened again: Colorado cannabis edibles company EdiPure has voluntarily recalled 7,700 cannabis products for containing a potentially dangerous pesticide, The Cannabist reports.… Read More
Colorado Introduces New Rules for Cannabis Edible Producers
Mon / Nov 30th
Colorado State Attorney General Cynthia Coffman has approved new regulations aimed at avoiding accidental ingestion of marijuana edibles by children.… Read More
Denver Wrestles With Question of New Cannabis Business Moratorium
Fri / Nov 27th
Denver has stepped back from extending a moratorium on new businesses in the city’s cannabis market. Since the inception of… Read More
Denver Orders Social Media Alerts by Retail Cannabis Stores During Product Recalls
Fri / Nov 20th
Denver health officials are requiring marijuana companies that have been forced to recall products to alert consumers of the recall… Read More
Colorado and Washington State Urge Caution When Considering a Marijuana Investment
Thu / Nov 19th
The Colorado Division of Securities has issued an investment advisory for three industries: marijuana business, digital currency and ‘binary options,’… Read More
New Colorado Tourism Director Wants to Open Discussion About Cannabis
Tue / Nov 17th
Colorado Gov. John Hickenlooper has named Cathy Ritter, former director of the Illinois Bureau of Tourism, as the new director… Read More
Colorado Cannabis Sales Dipped In September
Thu / Nov 12th
Colorado saw its first slump in cannabis sales in September, after four months of steady growth, according to data released… Read More
Cannabis legalization in Colorado
Colorado was the very first U.S. state to legalize adult-use cannabis after voters approved the state’s cannabis legalization initiative in 2012. Colorado became the first fully legal cannabis market in early 2014 — in fact, many people consider Colorado to be ground zero for cannabis freedom. It was the first state to enact its legalization language and has demonstrated from the start a successful model for regulating the cannabis industry. Additionally, many politicians from around the U.S. and the world have traveled to witness Colorado’s cannabis industry in action and to take inspiration for enacting their own reforms.
Industry overview
Colorado’s cannabis industry is not the largest in the country but it is the oldest, and the state has generated well over $1 billion in tax revenue since its market launched in 2014. Over the years, Colorado has also expanded its cannabis industry with regulatory updates allowing for additional business elements including statewide delivery options and the licensing of cannabis lounges and consumption clubs (although many municipalities have been slow to embrace these changes).
Concerning taxes:
- Under state law, Colorado retail cannabis purchases are subject to a 15% sales tax.
- Additionally, Colorado operators pay a 15% excise tax on the transfer of product from cultivators/producers to retailers.
- Medical cannabis sales are subject to the state’s standard 2.9% sales tax.
Colorado cannabis possession & purchasing rules
- Colorado adults aged 21+ can possess up to two ounces of cannabis flower and up to two ounces of cannabis concentrates.
- Adults can purchase up to one ounce of cannabis per day.
- Residents over age 21 can grow up to six cannabis plants at home (up to three flowering plants at once), with a max of 12 plants per household.
- Public cannabis consumption is not allowed.
What is this website?
Ganjapreneur is an online resource dedicated to keeping cannabis entrepreneurs, professionals, and investors informed about the space. As a B2B-focused platform, we also host the industry’s most comprehensive business index to help facilitate necessary partnerships between cannabis brands and the ancillary firms who work with them.
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