Published: Feb 20, 2020, 10:14 am • Updated: Feb 20, 2020, 10:15 am By Dp Opinion Meeting with the enemy demonstrates hypocrisy This past weekend, Sen. Chris Murphy, D-Conn., secretly met with Iranian Foreign Minister Javad Zarif. Murphy justified this meeting by saying, “I think it’s dangerous to not talk to your enemies. Discussions and negotiations are a way to ease tensions and reduce the chances for crisis.” Read the rest of this story on DenverPost.com.
Published: Feb 18, 2020, 1:10 pm • Updated: Feb 18, 2020, 1:11 pm By Tiney Ricciardi Last year was the most lucrative 12 months for cannabis sales in Colorado since the state’s voters legalized recreational marijuana. Medical and recreational cannabis sales hit a record $1.75 billion in 2019, up 13% from 2018, according to data from the Department of Revenue’s Marijuana Enforcement Division. Marijuana tax collections also hit an all-time high, at more than $302 million in 2019. RELATED: “Where’s all that marijuana money?” Colorado’s pot dollars help schools, but maybe not as much as you think Read the rest of this story on DenverPost.com.
Twelve members of the U.S. House of Representatives, including two from Colorado, are publicly pushing back against a federal bill that would give legal cannabis businesses access to banking services. Craig F. Walker , The Denver PostU.S. Rep. Ken Buck in 2014 (Denver Post file) In a Feb. 13 letter sent to Mike Crapo, chairman of the Senate Committee on Banking, Housing and Urban Affairs, Reps. Ken Buck, R-Windsor, Doug Lamborn, R-Colorado Springs, and 10 other Republican representatives applauded the chairman’s concerns about the Secure and Fair Enforcement (SAFE) Banking Act and urged him to “stand strong” in his assessment of the risks posed by allowing dispensaries, cultivations and other businesses access to the federal banking system. Read the rest of this story on DenverPost.com.
Cannabis companies are the leading sponsors of Colorado highways, accounting for cleanup on two-thirds of the roads maintained by Clean Colorado — a program the industry has leveraged as a loophole in the state’s strict limits on marijuana advertising. Currently, 51 cannabis dispensaries, cultivators, manufacturers and edible producers sponsor roadways throughout the state, according to data from the Adopt a Highway Maintenance Corporation. Though they represent less than half of all organizations that participate in the Clean Colorado program, those cannabis firms’ reach spans about 198 miles, or 66% of the roads actively sponsored. Read the rest of this story on DenverPost.com.
A Denver dispensary issued a voluntary recall on several marijuana products Monday due to elevated levels of yeast and mold. The Lodge, which operates two locations in the Barnum and River North neighborhoods, recalled all retail plant material, including flower, shake, trim and pre-rolled joints, following an investigation by the Denver Department of Public Health and Environment that found a potentially unsafe level of yeast and mold, according to a news release. Products purchased from either location that bear the OPC codes 403R-01007 and 403R-00207 are subject to the recall. Customers and businesses that purchased these products before Feb. 7 should dispose of them or return them to the store. Read the rest of this story on DenverPost.com.
Patrons at the Smokin Gun dispensary in Glendale will be among the first in Colorado to have a place to socially smoke marijuana when the pot shop opens an onsite tasting room this spring. Smokin Gun, billed as a late-night dispensary and anti-Prohibition museum, is planning a tiny onsite tasting room called The Joint where customers can consume products they buy at the dispensary, including flights of different strains of flower, according to an announcement Wednesday. Because the dispensary has something of a Wild West theme, The Joint will resemble a jail cell. It’s expected to open on April 20. Read the rest of this story on DenverPost.com.
With federal banking still out of reach, Gov. Jared Polis unveiled new strategies Monday to entice Colorado banks, credit unions and money transmitters to work with cannabis companies and become leaders in providing financial services to marijuana and hemp businesses. Polis’s plan renews the state’s commitment to creating a regulatory landscape that affords cannabis businesses access to services widely available to other legal industries, while offering financial institutions support to navigate the industry’s federal grey area. Because marijuana remains a controlled substance under federal law, Colorado’s dispensaries, cultivations and other businesses have been prohibited from obtaining conventional financial services, such as lines of credits or loans, and the ability to accept credit c...
With about 40 states expected to allow some form of legalization by the end of December, 2020 is poised to be a breakout year for cannabis. But as the movement toward normalization gains steam across the United States, legislators and activists are adding a moral provision to the burgeoning marijuana industry: to rectify decades of racial persecution caused by the War on Drugs. Colorado is no exception. This year, regulators at the state level and in Denver are tackling new initiatives to improve social equity in the industry — even if they’re still figuring out exactly what that looks like. Read the rest of this story on DenverPost.com.
In an effort to make Colorado’s cannabis industry more eco-friendly, the state’s health department and energy office launched two new pilot programs Wednesday focused on reducing carbon emissions and improving energy efficiency at local cultivations. Both programs support Gov. Jared Polis’ mission to cut greenhouse gasses 50% by 2030. For the first program, the Carbon Dioxide Reuse Project, the Denver Beer Co. is partnering with the Clinic dispensary to recycle carbon emissions. Brewing a 120-barrel batch of beer produces enough carbon dioxide naturally through fermentation to fill a 500-pound vessel, said Charlie Berger, co-founder of Denver Beer Co. Read the rest of this story on DenverPost.com.
Published: Nov 15, 2019, 6:26 am • Updated: Nov 15, 2019, 6:27 am By The Associated Press By Bart Schaneman, Marijuana Business Daily DENVER — Outdoor marijuana growers are reporting an increase in cross-pollination from hemp farms, a development that could mean marijuana cultivators might lose upwards of tens of thousands of dollars if their plants become unmarketable as flower products. As the marijuana and hemp industries increasingly share the same cultivation territory, the number of conflicts is likely to increase, particularly in areas with thriving outdoor cannabis cultivation. Read the rest of this story on DenverPost.com.
Published: Nov 12, 2019, 6:52 am • Updated: Nov 12, 2019, 6:53 am By Kieran Nicholson A party bus — the Dab Space Station — used to take people to concerts and other events as a safe ride so clients could indulge in cannabis and not drive, was set ablaze earlier this month in Lakewood. The bus owner, Ryan Skidmore, 33, said he was awakened at about 5 a.m. on Nov. 4 by his roommate, Madison Karl, when she screamed out his name. “She came downstairs to make sure I was OK,” Skidmore said. “She told me the bus was on fire.” Read the rest of this story on DenverPost.com.
Police are investigating a string of armed robberies of metro-area dispensaries in December as the number of break-ins at Denver marijuana businesses hit a three-year high in 2019. Dispensaries in the city reported five robberies and 122 burglaries last year, according to the Denver Police Department. Both offenses increased slightly from 2018, when Denver marijuana businesses reported one robbery and 120 burglaries. Overall, crimes related to the marijuana industry accounted for 0.30% of Denver’s total offenses reported in 2018, the latest year data was available, according to the police department. Read the rest of this story on DenverPost.com.