A Denver-based edibles manufacturer is being scooped up by a multi-state marijuana company in one of the year’s first local business acquisitions. Courtesy Blue KuduCannabis giant Curaleaf is set to acquire BlueKudu, the Denver-based maker of edible marijuana products, including these infused gummies Cannabis giant Curaleaf is set to acquire BlueKudu, which is known for its infused chocolates and gummies, according to an announcement Monday. Curaleaf, based in Wakefield, Mass., currently operates dispensaries, cultivations and processing plants in 14 states; this move marks its first foray into the Colorado market. Read the rest of this story on DenverPost.com.
U.S. Rep. Ed Perlmutter and three other congressmen who’ve been pushing to give cannabis businesses access to banking services expressed hope Tuesday their bill would move through the Senate soon. In a letter sent to Mike Crapo, chairman of the Senate Committee on Banking, Housing and Urban Affairs, the Arvada Democrat and Reps. Steve Stivers, R-Ohio, Denny Heck, D-Wash., and Warren Davidson, R-Ohio, addressed the chairman’s concerns about the Secure and Fair Enforcement (SAFE) Banking Act while urging him to take swift action. In his comments published Dec. 18, Crapo recommended adding public health and safety requirements to the legislation, such as requiring potency disclosures and a potential 2% THC limit on products before allowing banks to do business with cannabis companies, and rul...
Published: Jan 14, 2020, 6:18 am • Updated: Jan 14, 2020, 6:19 am By Saja Hindi Two Colorado lawmakers want to pass a law to protect workers who use marijuana when they’re off the clock. House Rep. Jevon Melton, D-Aurora, has introduced a bill to prevent businesses from firing employees for partaking in legal activities on their own time — even if the activities are only legal under state and not federal law. To pass, though, the bill will likely require some compromise to address expected objections from the business community. Melton says the measure would correct an oversight in Colorado law. Read the rest of this story on DenverPost.com.
Published: Dec 27, 2019, 6:06 am • Updated: Dec 27, 2019, 6:08 am By John Wenzel, The Know From eye-level, Tetra Lounge looks like an upscale coffee shop rolled into a nightclub. Brick walls, painted white, box in DJ booths and a bar, while attractive glass cases and furniture dot the 2,000-square-foot space at 3039 Walnut St. in the River North Art District. But look down and you’re suddenly in a weed dealer’s apartment from the black-market era of cannabis: plush but worn couches, video game controllers, scattered bits of bright-green leaves, and a friendly, roaming Rottweiler named Kena. Read the rest of this story on DenverPost.com.