Colorado’s marijuana industry experienced a banner year in 2020 — not in spite of the COVID-19 pandemic, but because of it. Dispensaries across the state were declared essential businesses and allowed to operate while bars, restaurants and gyms were forced to close. That designation helped sales exceed analysts’ expectations. According to Roy Bingham, co-founder and executive chairman of Boulder data firm BSDA, the national market grew more than 45% to $18 billion in 2020, outpacing forecasts by about $2 billion, an increase attributable to “the COVID effect.” Cannabis consumers shopped less frequently but purchased more, including many newcomers with increased at-home time on their hands, he said. Read the rest of this story on DenverPost.com.
WASHINGTON — The Democratic-controlled House on Friday approved a bill to decriminalize and tax marijuana at the federal level, reversing what supporters called a failed policy of criminalization of pot use and taking steps to address racial disparities in enforcement of federal drug laws. Opponents, mostly Republicans, called the bill a hollow political gesture and mocked Democrats for bringing it up at a time when thousands of Americans are dying from the coronavirus pandemic. “With all the challenges America has right now, (Republicans) think COVID relief should be on the floor, but instead, the Democrats put cats and cannabis” on the House floor, said House Minority Leader Kevin McCarthy, R-Calif. “They’re picking weed over the workers. They’re picking marijuana over (providing) the mu...
Published: Jul 13, 2020, 2:24 pm • Updated: Jul 13, 2020, 2:25 pm By Tiney Ricciardi Cannabis sales in Colorado set a new monthly record in May, hitting their highest level since recreational sales began in 2014. Dispensaries sold $192,175,937 worth of products in May, according to data from the Department of Revenue’s Marijuana Enforcement Division. That’s up about 29% from April and an increase of 32% from May 2019. Related Articles Read the rest of this story on DenverPost.com.
Provided by Weld County Department of Public Health and EnvironmentBillboard being used in Weld County’s “Marijuana is Not Harmless” campaign. Weld County on Thursday launched a new campaign to warn the community about marijuana but it drew criticism for citing an annual report that critics have called biased and off-base. The “Marijuana is Not Harmless” campaign will include billboards along the county’s major highways and plans to pump out messaging on social media, seeking to counter the drug’s growing cultural acceptance since legalization. Read the rest of this story on DenverPost.com.