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Colorado’s medical marijuana sales hit lowest point since legalization

Colorado’s medical marijuana sales fell to their lowest point since retail sales began — the latest signal that the state’s once-robust industry is facing headwinds as others crowd the U.S. market and new regulations take hold. In July, the state’s marijuana sales for both recreational and medical were shy of  $154 million, according to Colorado Department of Revenue figures, down from nearly $203 million a year earlier. Sales for the calendar year have passed the $1 billion mark. July’s medical marijuana sales reached a little more than $18 million – the lowest monthly number since January 2014, when retail sales were legalized in the state. Recreational marijuana sales fared better at more than $135 million – down from $168 million a year earlier, but higher than the numbers in April, Ma...

Bringing marijuana to Morrison — where Red Rocks concertgoers tailgate into the night — is harder than it seems

Published: Sep 10, 2022, 12:56 am • Updated: Sep 10, 2022, 1:01 am By John Aguilar Of the thousands of revelers who head up the hill from Morrison to Red Rocks Amphitheatre to catch a show on any given night, a portion is probably high, about to get high or at least thinking about getting high. But one thing’s for sure — they didn’t buy their weed in Morrison. That’s because this tiny town of fewer than 500 — for decades the gateway to mind-altering music shows at the famous concert venue where tailgating goes down on an epic scale — doesn’t have a single pot shop. Read the rest of this story on DenverPost.com.

LivWell to be Colorado cannabis giant after powerhouse PharmaCann plans to buy boutique chain

Cannabis retailer LivWell Enlightened Health is set to dominate the Colorado market with 26 dispensaries after PharmaCann announced its plan to buy The Clinic, a boutique dispensary chain in the Centennial State. LivWell is a cannabis brand owned by PharmaCann — one of the biggest privately-held, vertically integrated cannabis companies in the U.S. With its roots in Colorado, LivWell currently manages 22 stores throughout the state, giving it a slight lead over other major players in the local cannabis industry. Comparatively, The Green Solution — a Colorado-based cannabis company — lists 20 locations on its website. Established in 2010, independently-owned Native Roots Cannabis Co. also operates 20 stores throughout the state. Read the rest of this story on DenverPost.com.

Cannabis beverage business hit with $45K in fines for violations at Mile High 420 Festival

Published: Sep 5, 2022, 12:54 pm • Updated: Sep 5, 2022, 12:55 pm By Megan Ulu-Lani Boyanton A cannabis beverage business will pay $45,000 in fines after breaking rules at Denver’s Mile High 420 Festival held in April. The violations resulted in a $15,000 fine. An additional $30,000 will be held in suspension for a year, in case of future violations. Denver Packaging Co., which also operates as Keef Brands, admitted to seven violations on April 20, including unlawful acts, packaging and labeling, according to city documents issued Thursday. The business will have to pay the fines within 90 days. Read the rest of this story on DenverPost.com.

Denver officials want to save struggling cannabis delivery businesses

Weed delivery has yet to catch on in Denver, but government officials are pushing dispensaries to drop their resistance to save the transporter businesses of marginalized entrepreneurs. “Delivery has not taken off in the way that we had hoped that it would,” said Molly Duplechian, Excise and Licenses Department director. “We’re hearing that they’re struggling.” At a marijuana industry check-in meeting on Tuesday, the department proposed a bill that would permanently limit store deliveries to licensed transporters owned by social-equity applicants. Stores wouldn’t be allowed to do their own delivery. Read the rest of this story on DenverPost.com.

Colorado’s cannabis industry prepares for tough times as U.S. recession looms

Colorado’s cannabis industry is preparing for tough times as marijuana sales drop and economic problems pile up. During the COVID-19 pandemic lockdowns, weed businesses serviced consumers eager to stock up on their favorite edibles, concentrates and pre-rolls. That high has since given way to a low for the industry, as less consumer spending means sales are falling in both the recreational and medical markets, according to Headset, which provides insights into cannabis consumer trends. In Colorado, total sales for marijuana stood at $153 million in April – a 26% decrease compared to about $206 million sold that month last year, according to the Marijuana Industry Group, the trade association for the state’s cannabis industry. Medical sales specifically took a hit, plunging to about $20 mil...

How you — yes, you — can be a judge for the Colorado Cannabis Cup

Have you ever dreamed of judging a cannabis competition? Good news: You’re high-ered! The High Times Cannabis Cup has returned to Colorado and is currently seeking judges to try locally-made products, including flower, topicals, edibles and concentrates and help determine the best of their kind available in the Centennial State. (See the full list of categories below.) Entries into The Cannabis Cup, started in Amsterdam in 1988, were traditionally judged by panels of experts, but in the wake of the COVID-19 pandemic, “High Times” reshaped the event into a virtual format and opened judging to the general public. It’s now billed as a “People’s Choice” competition and anyone 21 years or older is eligible to judge. In addition to Colorado, competitions are also taking place in Michigan, Illino...

This tiny Colorado town may change its name to “Kush.” Seriously.

Published: Jun 7, 2022, 12:54 pm • Updated: Jun 7, 2022, 12:57 pm By Sam Tabachnik It’s easy to miss Moffat — a 120-person town in southern Colorado’s San Luis Valley that long has been known for its agriculture and ranching history. But if Mike Biggio has his way, this tiny outpost on the edge of Great Sand Dunes National Park and Preserve soon will be rebranded to reflect what he views as the future of a dying valley. Welcome to Kush, Colorado. Read the rest of this story on DenverPost.com.

PHOTOS: Inside Colorado’s first cannabis “bar,” JAD’s Mile High Smoke in Denver

Since legal recreational marijuana sales began in 2014, Coloradans have had a plethora of places to buy weed — but not a ton of places to actually consume it. For many years, consumption spaces like Tetra Lounge and the Coffee Joint in Denver invited tokers to come and bring their own substances for use, but locals’ options were limited to just that — until recently. JAD’s Mile High Smoke opened in late April as the state’s first recreational sales and hospitality business in the state, a formal title meaning a lounge where consumers can both buy weed and smoke, eat or drink it onsite. That means you can literally belly up to a bar and order a non-alcoholic, THC-infused beer and a gram of marijuana served with a side of rolling papers. Read the rest of this story on DenverPost.com.

Opinion: Safe banking for cannabis industry needs to be carried cross finish line

Congressional cannabis champions clearly come from Colorado (how’s that for alliteration?). We saw this kind of leadership with Gov. Jared Polis when he was a congressman and co-founded the Congressional Cannabis Caucus, with former Republican Sen. Cory Gardner, and with our long-time current champion for SAFE Banking, Democrat Rep. Ed Perlmutter. With SAFE Banking voted on and approved now six times in the U.S. House of Representatives and still zero times in the Senate, getting this bipartisan and impactful piece of banking legislation to the president for his signature is not only vital, it’s actually do-able. Let me be clear for those who still don’t understand what SAFE Banking is or how it is significantly beneficial to Coloradans. And by doing so, let me share what it’s not. Read th...

Marijuana edible trends: Where to find rapid onset and CBG/CBN gummies in Colorado

The common colloquialism for the well-known stoner holiday of April 20 is to “light one up.” But if you’re not interested in smoking, the second most popular way to celebrate is eating some edibles infused with tetrahydrocannabinol, or THC. I’m not speaking anecdotally. According to Louisville-based analytics firm BDSA, inhalable forms of cannabis such as flower and vaporizers accounted for 81% of dispensary sales (by dollar) in Colorado between February 2021 and February 2022, followed by edibles at 17% or about $380 million worth of purchases. RELATED: 10 new-ish cannabis terms every Colorado stoner should know, from adult-use to solvent-free Read the rest of this story on DenverPost.com.

Colorado’s first cannabis “bar” with THC beer opens this week in Denver

Coloradans will soon have a bar where they can belly up to enjoy a non-alcoholic, THC-infused beer and order a gram of marijuana served with a side of rolling papers. JAD’s Mile High Smoke is poised to be the first recreational sales and hospitality business in the state, a formal title meaning a lounge where consumers can come to buy weed and smoke, eat or drink it onsite. The business, located at 7667 Washington St. in Denver, is slated for an April 22 opening. Owner Josh Davis said he’s an appropriate person to open this first-of-its-kind business. As founder and CEO of Legacy 64, he’s spent five years helping other marijuana businesses in Colorado and beyond ensure they’re in compliance with state and local laws. Read the rest of this story on DenverPost.com.

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