“When we want to raise capital,” Dooma Wendschuh, the thirty-eight-year-old co-founder of a cannabis company called ebbu, said, “I go up to someone and say, ‘Would you like to invest in my company? Here’s how it will work. One: you may go to prison for making this investment. Two: I may go to prison, and you might lose all your money. Three: our minimum investment is two hundred and fifty thousand dollars. Sure you want to play ball?’ ”

The Local Licensing Authority will weigh a change of ownership application associated with a potential $8 million sale of Aspen Green Dragon, one of six cannabis dispensers in town, at 9 a.m. Tuesday.

Ryan Milligan, co-owner of Denver-based cannabis company Greenwerkz, filed the application recently with City Clerk Linda Manning. Today’s hearing, which begins at 9 a.m., represents the first set of hurdles in the potential deal with Green Dragon.

DENVER, May 12, 2015 -- CannLabs, Inc. (OTCQB: CANL), today announced the launch of a custom content science channel on theCannabist.co, The Denver Post's cannabis-focused news and culture website. Launched in December of 2013 to cover legalized marijuana in Colorado, The Cannabist features news, strain reviews, recipes, store maps and more about the state's expanding marijuana industry. Ricardo Baca, the nation's first major newspaper marijuana editor, edits the site.

LOS ANGELES May 12 2015 /PRNewswire/ -- Kush Bottles North America's premier supplier of customizable child-resistant packaging solutions and accessories for the marijuana industry announced today that they have acquired Dank Bottles LLC dba Kush Bottles Colorado. The acquisition comes one year after an agreement was struck between the two companies granting Dank Bottles an exclusive distributorship of Kush Bottles products in the state of Colorado.

Greg Gamet Justin Jones and Bryan Sullivan the founders of Dank Bottles will remain active leaders in the Colorado operations and will take on additional business development responsibilities nationally.

For the third consecutive month, recreational marijuana sales in Colorado reached record highs in March 2015, according to new Department of Revenue data.

More than $42.7 million of recreational cannabis was sold in Colorado pot shops in March, the most recent data available from the state. Those sales totals crushed previous records set in February ($39.1 million) and January ($36.4 million) 2015.

When the new Governor of Colorado, John Hickenlooper, was first elected to office, there was some cause for concern. The concern stemmed from Hickenlooper being openly anti-cannabis in his policy. While it was pretty clear that Colorado was experiencing success with the legalization movement at the time Hickenlooper took office, it was too late to backtrack, and it was anybody’s guess how this new arrangement would play out.

Hey, Cannabist!
I received a call for a job I applied for. Great, right? But should I disclose that I have a medical marijuana card during my interview? How do I find out the company’s drug-testing policy, if it’s not readily posted? By asking, aren’t I admitting that I partake? Can an employer legally ask if I do? –Masking Mota Manager

In December of last year, Nebraska and Oklahoma (the “NO States”) filed suit against Colorado in the United States Supreme Court, seeking to invalidate Colorado’s recreational cannabis laws. Last week, the Supreme Court invited the Obama Administration to weigh in with its position on the lawsuit.

One such cultivator was LivWell (forced to put 60,000 plants on hold). The hold order has since been released, says John Lord, LivWell owner, and the company has been working hand-in-hand with the Denver Department of Environmental Health to clear up confusion and help design an industry standard testing regime to ensure safe cannabis products. “Testing of our finished product by an independent, state-licensed lab approved by the City of Denver showed that our products are safe—as we have always maintained,” says Lord. “We are proud to be able to meaningfully contribute to the standards that will ensure public health and safety moving forward.”

A Fort Lupton plant is starting to test and process Colorado's hemp harvest, turning it into pulp that can be used to make paper, sugar -- even biofuels.

It's nickname may be "ditch weed," but the PureVision Technology processing plant in Ft. Lupton is turning Colorado's newest cash crop into something much more valuable.

The hemp plant is cannabis without the psychoactive properties and growing hemp became legal in Colorado last year, along with the recreational marijuana vote

"I would say it grows like a weed. You throw it in the ground and watch it grow," said Dani Billings, who started growing hemp last year, and was amazed at the low-water usage and high yield.