'Tis the season for apple picking. In Colorado, fall is also a time you can pick your own hemp. A farm located a few hundred miles southwest of Denver is opening its harvest to the public this weekend, allowing people to take home their own cannabinoid-rich plants. "It's like cutting your own Christmas tree," said Ryan Eakes, chief operating officer of Typhoon Farma. "We'll … [Read more...] about Apple picking season? In Colorado, you can pick your own hemp
Colorado
Colorado Gov. Sends Letter to Commend Biden Administration for Making Progress on Rescheduling Cannabis
Colorado Gov. Jared Polis recently sent a letter to President Joe Biden on Sept. 5 regarding the U.S. Department of Health and Human Services’ (HHS) recommendation for the Drug Enforcement Administration (DEA) to reschedule cannabis from a Schedule I substance to a Schedule III substance. According to The Gazette, Polis’ letter addressed this recommendation, and applauded Biden … [Read more...] about Colorado Gov. Sends Letter to Commend Biden Administration for Making Progress on Rescheduling Cannabis
Unlicensed Cannabis Events Prompt Crackdown by City of Denver
The Denver Department of Excise & Licenses is continuing to serve warnings to event organizers who are hosting unlicensed cannabis-related activities. This past weekend on Aug. 19, the Stoner Cinema Pop-Up held an event featuring a cannabis-friendly movie experience featuring Grandma’s Boy (2006). The screening was held at Dreams Aren’t This Good, an event venue (which is … [Read more...] about Unlicensed Cannabis Events Prompt Crackdown by City of Denver
New Report Shows Colorado Cannabis Tax Revenue Exceeds Tobacco, Alcohol
The Colorado Legislative Council Staff (LCS), described as the “nonpartisan research arm of the Colorado General Assembly,” released a report on Aug. 16 detailing how cannabis taxes are benefitting the state. According to the analysis, Colorado annual cannabis tax revenue may have decreased in FY 2021-2022 and FY 2022-2023, but cannabis sales remain a consistent stream of … [Read more...] about New Report Shows Colorado Cannabis Tax Revenue Exceeds Tobacco, Alcohol
New cannabis consumption bus debuts in Denver
DENVER (KDVR) — Friday evening, a first-of-its-kind cannabis consumption bus will debut in Denver. The Canna Cabanabus will be open for business at the Santa Fe Art District’s First Friday event. “We’re serving public events and private events,” Alisha Gallegos, the owner of Canna Cabanabus, said. Gallegos said the business model is for people to have a legal place to consume … [Read more...] about New cannabis consumption bus debuts in Denver
Millions in Cannabis Gains for Partner Colorado CU Go Up in Smoke
Last September the 36,000 members of little Partner Colorado Credit Union stood to make $70 million in cash and $117 million in stock for a 51% stake in a public company it was spinning out from its cannabis CUSO. Before the deal, Partner Colorado members had about $238 each based on the approximately $8.5 million value the credit union had placed on its investments in its 100% … [Read more...] about Millions in Cannabis Gains for Partner Colorado CU Go Up in Smoke
Colorado sees ‘worst 4/20 in five years’ amid slumping April cannabis sales
Colorado’s regulated cannabis industry suffered its “worst 4/20 in five years,” according to the Marijuana Industry Group, citing a roughly 14% decline in April marijuana sales from the same month last year. “Marijuana sales in the month of April haven’t been this low since 2018,” the Denver-based trade group noted in a news release. Monthly figures released by the Colorado … [Read more...] about Colorado sees ‘worst 4/20 in five years’ amid slumping April cannabis sales
Colorado marijuana prices rise for the first time in 2 years
DENVER (KDVR) — Rent is likely to grow again in the Denver metro, and marijuana prices may, too. Colorado marijuana has never been cheaperThe COVID pandemic sparked a big change in marijuana prices. Sales reached their highest-ever levels between the summers of 2020 and 2021, and the price retailers pay for bulk cannabis has crashed ever since. The average market price for a … [Read more...] about Colorado marijuana prices rise for the first time in 2 years
These Denver neighborhoods are at max pot capacity
DENVER (KDVR) — Some of Denver’s neighborhoods are simply too tightly packed with marijuana. A release from Denver’s Department of Excise and Licenses shows which city neighborhoods are too full of marijuana businesses. Denver’s marijuana licensing program has tried to protect the areas with the heaviest concentration of marijuana stores and cultivation facilities from … [Read more...] about These Denver neighborhoods are at max pot capacity
Boulder charts course for cannabis hospitality
BOULDER — There are hundreds of places in Colorado to buy marijuana, but, outside of private residences, there are precious few where that legally purchased cannabis can be legally ingested. Boulder, a decade ago, was an enthusiastic leader in the state’s rollout of recreational marijuana dispensaries, and could play a similar role in cultivating the industry’s nascent … [Read more...] about Boulder charts course for cannabis hospitality