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Social equity in marijuana industry still largely pipe dream

DENVER — Terrence Hewing was working for a package delivery company in 2007 when police approached his cargo van in suburban Denver. He was early for a pick up, and someone out for a walk called authorities after seeing him napping in the driver’s seat. Officers found about a pound of marijuana inside the vehicle. That led to a couple of days in jail, thousands of dollars in legal fees and a felony conviction for drug possession. Hewing lost his job and, because of his criminal record, for years struggled to find housing and a stable, well-paying career. “I felt like I was in a certain box in society,” he said. “There’s people that don’t have felonies and people that do. It makes you almost feel kind of outcast.” Read the rest of this story on DenverPost.com.

System crash snarls dispensary sales on 4/20, the biggest marijuana holiday of the year

Published: Apr 20, 2021, 5:32 pm • Updated: Apr 20, 2021, 5:32 pm By Tiney Ricciardi A point-of-sale system powering Colorado dispensaries went down Tuesday on the biggest marijuana holiday of the year. Denver-based FlowHub said an outage caused by a third-party authentication service caused the service to crash on April 20, colloquially known as 4/20. It’s unclear how many dispensaries in the state have been affected and a company representative was not immediately available for comment. Read the rest of this story on DenverPost.com.

Vicente: This 4/20 celebrate that marijuana businesses and their employees are now “essential”

For decades, April 20 has been recognized as an unofficial marijuana holiday in Colorado and around the country. While this year’s “4/20” may not be marked by large public rallies or concerts due to enduring COVID-19 safety restrictions, there are plenty of reasons for the cannabis community to celebrate — including recent legalization announcements in New Mexico, New York, and Virginia — and for cannabis industry workers to be recognized. Throughout the COVID-19 pandemic, the risks and sacrifices of frontline workers to help others have been celebrated and praised with red hearts in windows and yard signs thanking hospital workers and those who provide our groceries and public services. These folks absolutely deserve our praise and gratitude. Additionally, though, there is a group of more...

U.S. House again passes Colorado congressman’s marijuana banking bill

Published: Apr 19, 2021, 7:03 pm • Updated: Apr 19, 2021, 7:06 pm By Justin Wingerter The U.S. House of Representatives on Monday passed the SAFE Banking Act, a longtime priority for Coloradans in Congress and local cannabis companies. The House voted 321-101 on the bill, with all Colorado Democrats in favor and two Colorado Republicans opposed. A third Republican, Rep. Lauren Boebert, did not vote. It now moves to the U.S. Senate, which is split 50-50 between Democrats and Republicans, and some in the latter party worry passing it will increase marijuana use and foreign investments. Read the rest of this story on DenverPost.com.

Weed delivery will happen in Denver starting this summer, to be followed by more dispensaries and consumption clubs

Denver’s about to become even more marijuana-friendly, with weed delivery likely starting this summer after the Denver City Council unanimously agreed Monday to overhaul the local industry with two sweeping measures. The changes have been in the works for several years, with city officials also wanting to make the industry more equitable. The first bill lets dispensaries hire third-party vendors to deliver weed directly to customers and removes Denver’s 220-store recreational dispensaries cap, which has been in effect since 2016. People who want to deliver weed or open a new store must meet the state’s social equity criteria. The second change would legalize bars where customers could bring their own weed to smoke, as well as clubs that could sell small amounts of pot to be smoked there. D...

Letters: Not very neighborly, Wyoming (4/15/21)

Published: Apr 19, 2021, 4:56 pm • Updated: Apr 19, 2021, 4:57 pm By Dp Opinion Not very neighborly Re: “Wyoming aims to protect coal,” April 14 news story The hypocrisy of Republicans never ceases to amaze me. For decades the Republicans in states have decried use of the federal government’s constitutional powers as an infringement of states’ rights. Now, Republicans in Wyoming have passed a new law setting aside money to sue states like Colorado that hamper the use of Wyoming coal because of their renewable energy policies. Read the rest of this story on DenverPost.com.

Denver could soon allow weed delivery, plus more recreational shops and consumption clubs

Denver is poised to overhaul the local weed industry with a pair of laws that would bring cannabis products to your door and make the lucrative business more equitable. The Denver City Council will first vote on the overhaul package Monday night. If it passes, the second vote and final vote will come hours before the unofficial cannabis holiday of April 20, when Mayor Michael Hancock is expected to sign it into law. Both bills have been in the works for several years, according to Eric Escudero, spokesman for the city’s Department of Excise and Licenses. Read the rest of this story on DenverPost.com.

Grand Junction voters approve lifting 10-year moratorium on marijuana dispensaries

Published: Apr 7, 2021, 3:32 pm • Updated: Apr 7, 2021, 3:32 pm By Kieran Nicholson A 10-year moratorium on marijuana sales has been overturned by voters in Grand Junction. On Tuesday voters handily approved ballot questions 2A, Taxation on Regulated Marijuana, and 2B, Lifting Moratorium on Marijuana Businesses, according to voting results. On the 2A question: 9,235 voters said “yes”; with 7,309 voters casting a “no” vote. On the 2B question: 9,755 voters approved, with 7,055 voters disapproving. Read the rest of this story on DenverPost.com.

Marijuana banking debate returns to Congress and Rep. Perlmutter is optimistic

Eight years after it was first introduced, federal legislation that would give cannabis companies in Colorado and across the country access to the banking system is back in Congress. And its co-sponsors, Democrat and Republican, are sounding bullish. The Secure and Fair Enforcement Banking Act, or SAFE Banking Act, has been introduced every Congress since 2013 by U.S. Rep. Ed Perlmutter, an Arvada Democrat. It has passed the House on several occasions but never the Senate. Perlmutter expects that to change this year, he said during a conference call Friday. Sen. Sherrod Brown, an Ohio Democrat who chairs the Senate Banking Committee, has told Perlmutter that he expects the committee to debate and vote on the bill for the first time. Read the rest of this story on DenverPost.com.

Colorado hits $10 billion in marijuana sold since legalization

Published: Mar 11, 2021, 11:49 am • Updated: Mar 11, 2021, 11:51 am By Tiney Ricciardi Colorado’s marijuana industry hit a milestone in January, topping $10 billion in sales since the legal market got off the ground in 2014. Cannabis consumers purchased $151,734,324 in recreational products and $35,869,373 in medical products during the first month of the year, for a total $187,603,697, according to sales figures released by the Department of Revenue this week. While sales remained flat from December to January, they increased significantly year over year — up 34.8% compared to the same period in 2020. Read the rest of this story on DenverPost.com.

Colorado may see its biggest overhaul of marijuana laws since recreational legalization

They don’t make cannabis products like they used to, and there’s an increasing number of Colorado lawmakers who think that’s problematic. As recently as 2014, the vast majority of medical and recreational cannabis sold in Colorado was flower and only 11% was the high-potency concentrates consumed through dab rigs or vape pens. By 2019, concentrates took up a third of the market and flower was below 50%. With the rising popularity of high-THC concentrates, which are several times more potent than flower and edibles, come worries among deep-pocketed political groups and their statehouse allies that teenagers have too much access to it without enough knowledge of the effects. Read the rest of this story on DenverPost.com.

Colorado marijuana sales hit $2.2 billion in highest-selling year yet

Published: Feb 9, 2021, 12:12 pm • Updated: Feb 9, 2021, 12:12 pm By Tiney Ricciardi Despite a global pandemic that disrupted many facets of commerce, Colorado’s marijuana industry experienced its most lucrative year on record with $2.2 billion in sales in 2020. According to figures released Tuesday by the state Department of Revenue, dispensaries sold $186,343,208 in cannabis products in December, up 6.4% compared to the previous month. The state collected nearly $32.4 million in taxes and fees in December, pushing the annual tax total to $387.4 million in 2020. Read the rest of this story on DenverPost.com.

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