The archdiocese of Denver released a pastoral letter Friday condemning the spreading use of recreational marijuana, expressing "concern for the salvation of souls." A marijuana industry leader called the letter "disappointing" and "out of touch." The letter, written by Archbishop Samuel J. Aquila, "highlights challenges of broad acceptance of recreational pot." "I write to you … [Read more...] about Denver Archdiocese condemns marijuana in letter, industry leaders call it ‘disappointing’
Colorado
Marijuana Enforcement Division Making Changes
GRAND JUNCTION, Colo. (KREX) — Colorado Department of Revenue’s Marijuana Enforcement Division is making changes to the cannabis industry. One of those changes involves the tagging of the product with RFID tags. If the regulation is changed it could save growers millions. H/T: www.westernslopenow.com You can view the whole article at this link Marijuana Enforcement Division … [Read more...] about Marijuana Enforcement Division Making Changes
Colorado Has Sold Over $15B in Cannabis Since Legalization
The Colorado Department of Revenue (DOR) released a monthly cannabis sales report for August, the latest month available, showing that adult-use and medical cannabis sales surpassed $15 billion. While the overall picture looks good, sales are actually down during the past few years since peaking during the pandemic, and the downward trend worries some analysts. The data shows … [Read more...] about Colorado Has Sold Over $15B in Cannabis Since Legalization
Apple picking season? In Colorado, you can pick your own hemp
'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 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