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Denver

Colorado cold snap destroys millions of dollars worth of marijuana plants, could disrupt industry

Published: Sep 11, 2020, 6:15 am • Updated: Sep 11, 2020, 6:15 am By The Associated Press DENVER — Early cold temperatures and snow in Colorado may have destroyed millions of dollars worth of outdoor plants, cannabis and hemp companies said. The drop of about 70 degrees Fahrenheit occurred too early in the growing season for farmers to harvest the plants, Marijuana Business Daily reports. Related Articles Read the rest of this story on DenverPost.com.

Denver’s marijuana businesses lack diversity in ownership and employment, city study finds

The majority of Denver’s cannabis-focused businesses are owned and staffed by white residents, leading to a lack of opportunities for people of color to get involved in the industry, according to a city study released Monday. According to Denver’s Cannabis Business and Employment Opportunity Study, 74.6% of owners of licensed cannabis businesses within city and county limits are white, as are 68% of employees. Hispanic, Latino and Spanish residents account for 12.7% of cannabis business owners and 12.1% of industry employees, while black and African American residents make up 5.6% of ownership and 5.9% of industry employees, the study found. Read the rest of this story on DenverPost.com.

Denver risking tax dollars by “ineffectively” auditing marijuana businesses, city auditor alleges

Denver’s process for auditing marijuana businesses is inadequate and has potentially cost the city countless tax dollars allocated for public service programs, the city auditor alleged Thursday. In a scathing new report, Denver auditor and certified public accountant Timothy M. O’Brien evaluated the city’s methods, strategies and standards for auditing marijuana dispensaries, cultivations and manufacturing facilities, deeming them “ineffective” and “inefficient.” Officials also have failed to address several unlicensed marijuana delivery services active in the city, the report said. Read the rest of this story on DenverPost.com.

Denver marijuana dispensaries see increase in burglaries during coronavirus pandemic

Denver marijuana businesses have seen an increase in burglaries during the coronavirus pandemic as the cannabis industry continues to see an uptick in crime in the city, according to police. Allowed to continue operations as essential businesses, dispensaries and cultivations reported 10 burglaries in the first two weeks of April, Denver police said. That’s up from eight burglaries reported during the whole month of April 2019. Burglaries of Denver marijuana businesses hit a three-year high in 2019, with 122 reported within city limits. However, statistics are up every month of 2020 from the year prior, totaling 31 reported burglaries so far. Read the rest of this story on DenverPost.com.

Can marijuana dispensaries stay open during Colorado’s coronavirus crisis? It depends.

Colorado Gov. Jared Polis deemed marijuana dispensaries “critical” retail businesses in an executive order Sunday urging employers to reduce their in-person workforces, meaning they would stay open if other industries were forced to shutter to mitigate the spread of coronavirus. The governor’s order, however, will change how dispensaries do business. In-person sales are limited to medical patients only; recreational customers must order in advance for curbside pickup. The order is in effect from 8 p.m. on Tuesday until April 11, unless extended by the governor. Some counties classified dispensaries among essential services allowed to remain open during the pandemic independent of the governor’s order. For example, in San Miguel County, which mandated residents shelter in place on March 18,...

Suspect charged in armed robbery of Denver marijuana dispensary — may be connected to 5 others

Published: Feb 5, 2020, 4:12 pm • Updated: Feb 5, 2020, 4:15 pm By Tiney Ricciardi Denver prosecutors have charged a suspect in the armed robbery of a marijuana dispensary last month that law enforcement officials believe is connected to five similar hold-ups in late 2019. Courtesy Denver District Attorney’s OfficeSabastian Littlejohn Sabastian Tremayne Littlejohn, 25, was arrested on charges stemming from a robbery at Lightshade dispensary at 330 S. Dayton St. on Jan. 8. Read the rest of this story on DenverPost.com.

Aurora couple convicted in massive black market cannabis grow

Published: Dec 6, 2019, 7:11 pm • Updated: Dec 6, 2019, 7:12 pm By Kieran Nicholson An Aurora couple has been found guilty, by a federal jury in Denver, of marijuana cultivation in a massive black market cannabis grow. Huanyu Yan, 54, and wife, You Lan Xiang, 50, were found guilty after a four-day trial before U.S. District Court Judge Raymond P. Moore, according to a U.S. Attorney, District of Colorado, news release. Both defendants, who were free on bond, were remanded into custody pending sentencing, which is scheduled for Feb. 24, 2020, the release said. Read the rest of this story on DenverPost.com.