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Owner of High Times magazine scores 13 California marijuana dispensaries

Published: Apr 28, 2020, 9:45 am • Updated: Apr 28, 2020, 9:47 am By Associated Press By ALEX VEIGA | The Associated Press LOS ANGELES  — The owner of High Times is going to start selling marijuana after championing its use in the pages of its magazine for nearly half a century. Hightimes Holding Corp. said Tuesday is acquiring 13 dispensaries from Harvest Health and Recreation, one of the largest multi-state producers and sellers of cannabis in the U.S. Read the rest of this story on MercuryNews.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.

Colorado’s marijuana businesses can remain open during pandemic, but they say they’re still struggling

As the coronavirus fueled changes in regulation for Colorado’s cannabis industry, leaders at LivWell Enlightened Health knew they needed to make dramatic moves to keep the business and its workers thriving. And fast. On March 30, 18 company executives and department heads agreed to suspend their compensation for three months to avoid making cuts elsewhere, including personnel. The company employs 690 people between its cultivation sites, business administration and 18 dispensaries in Colorado and Oregon. Most are what Executive Director Dean Heizer calls “heartbeat” employees, namely, those on the front lines serving customers in marijuana dispensaries and working in its grow facilities sites to ensure there’s product to sell. Read the rest of this story on DenverPost.com.

Colorado dispensaries say coronavirus pandemic is making case for marijuana delivery

As the coronavirus pandemic disrupts daily life and commerce in Colorado, many in the state’s marijuana industry believe it makes the case for allowing dispensaries to begin delivering to customers’ homes now. Legislators legalized cannabis delivery with the passage of House Bill 1234 in 2019. The law permits medical marijuana deliveries to start in 2020 followed by recreational cannabis deliveries in 2021, but left it to municipalities to individually decide if they will allow the services. So far just one dispensary in Colorado, The Dandelion in Boulder, has obtained a license to deliver products to patients. Shannon Gray, communications specialist for the Marijuana Enforcement Division, declined to comment on whether the timeline for recreational delivery is being reconsidered in light ...

Denver’s stay-at-home order triggered huge sales — and safety concerns — for city’s cannabis businesses

When Denver Mayor Michael Hancock announced recreational marijuana shops would be forced to close under the city’s stay-at-home order Monday, the response from customers was swift. They swarmed local dispensaries to stock up on products and caused enough of a stir that the mayor rescinded the moratorium just three hours later. As more counties announce stay-at-home orders that will affect more than 2 million people in the metro area, cannabis industry personnel say it’s worth reflecting on the Denver announcement’s impact — both good and bad. Colorado Gov. Jared Polis deemed marijuana dispensaries “critical” retail businesses, meaning they’re allowed to remain open during the coronavirus pandemic with some restrictions. If a city or county individually imposes stricter rules on how they op...

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,...

Calls for social distancing spark demand for online cannabis sales

Americans can purchase pet supplies, medication and even alcohol online, so why not marijuana? That thought is crossing many Coloradans’ minds as calls for the general public to practice social distancing have spurred a trend in online shopping for cannabis products. On March 16, Terrapin Care Station, which operates six dispensaries throughout the Front Range, saw an 1,800% increase in online sales over the same day a week prior, according to Communications Director Peter Marcus. Historically, online ordering accounted for a fraction of the company’s sales, as consumers preferred to peruse cannabis selections in person to decide what to buy. Read the rest of this story on DenverPost.com.

The Lodge dispensary in Denver recalls marijuana products with high yeast and mold levels

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.

Whoopi Goldberg’s California cannabis company has shut down

Published: Feb 5, 2020, 7:52 am • Updated: Feb 5, 2020, 7:54 am By Cnn.com Wire Service By Alicia Wallace | CNN Business Whoopi & Maya, the medical cannabis company co-founded by Whoopi Goldberg, is closing up shop, according to a statement posted on its website. In an interview with CNN Business, Rick Cusick, a Whoopi & Maya board member who helped found the company with Goldberg and Om Edibles founder Maya Elisabeth, said he received word Friday from Goldberg that she planned to step away from the brand. Read the rest of this story on MercuryNews.com.

Colorado’s average price of wholesale marijuana hits 3-year high after record spike

The wholesale price of cannabis continues to spike in a major way in Colorado and will hit a three-year high in January, state officials say. The median price of a pound of marijuana buds sold or transferred to a retail store from a growing facility was $1,316 between Aug. 1 and Nov. 30the Colorado Department of Revenue announced Monday. That figure will serve as the average market rate of wholesale bud for the first three months of 2020, a number the state uses when collecting its 15% excise tax on sales and transfers between grows and stores. It is almost 32% higher than the average market rate being used for the final three months of this year, $999. That’s the largest single-quarter price increase in the history of the state’s recreational marijuana program. It’s also 68.5% higher than...

Royal Resin recalling marijuana sold in Denver area because of elevated yeast and mold counts

A Denver marijuana business, Royal Resin, is voluntarily recalling retail marijuana, including pre-rolled joints and blunts because of potentially unsafe elevated yeast and mold counts. The problem was found during a Denver Department of Public Health & Environment investigation, according to a news release. Samples of dried marijuana, including flower, shake and trim were also found with elevated and potentially unsafe levels of yeast and mold. The marijuana was sold before Monday at several metro area stores including: Diego Pellicer, Starbuds, Treatments Unlimited, Mile High, Green Fields and the Herbal Center. Strains and products include: Tropical Zkittles, Lemon Cookies, Lemon Granada, NYCD, GG#4, Hulk Pops, Dr. Strange, Alaskan Ice, Witches Weed, Purple Pipeline, Tangerine Powe...

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