Colorado has a serious pot money problem.

And it's not that it's being laundered.

The state is on track to have to refund the revenue it generates this fiscal year from two voter-approved retail marijuana taxes: the 10 percent sales tax and 15 percent excise tax were intended to pay for school building construction and the enforcement and regulation of the drug's new market.

COLORADO MARIJUANA TAXES

Ballot projections; FY2014-15 to January

15 percent excise tax: $27.5 million; $12.7 million

10 percent sales tax: $39.5 million; $24.9 million

State spending without new taxes: $12.08 billion

State revenue from the new excise and sales tax: $67 million; $37.6 million

FORT LUPTON, Colo. – March 12, 2015 – PureVision Technology, Inc., a Colorado-based biorefinery technology developer, announced today that it has formed a subsidiary company to promote and develop industrial hemp biorefineries.

The subsidiary, PureHemp Technology LLC, has obtained exclusive rights to the PureVision biorefining technology for processing industrial hemp into traditional and never-before-produced products.

On behalf of PureHemp, PureVision is conducting a robust pre-commercialization program—using its laboratories and pilot plant and a milestone-based approach – to target a path to profitable commercial-scale hemp biorefineries.

At 7 Leaf Bed and Breakfast in Seattle, guests get the full gourmet, farm-to-table dining experience. Breakfasts are made with organic, fresh ingredients from the city's famed Pike Place Market. Artisan meats come directly from a local butcher; breads are bought at a nearby bakery. But what sets this homey, British townhouse-style bed and breakfast apart from other Seattle guesthouses is that anything prepared in 7 Leaf’s kitchen can be made with a little something extra: cannabis, commonly known as marijuana, for a little extra kick.

For those traveling to Denver this April, there’s no shortage of attractions as a packed calendar has some wondering how to fit it all in. Sure, you could try to wing it, but with hundreds of thousands of visitors expected to descend on Denver, why not leave it to the experts? World Cannabis Week — along with preferred travel partner My 420 Tours — have curated the perfect 4/20 week celebration called Immersion 420. Here, we break it down day by day:

ANNA, Illinois. — A medical marijuana business in far southern Illinois intends to start construction this month of a 27,000-square-foot facility that would produce a first harvest in late fall.

Colorado marijuana companies: Denver’s United Cannabis envisions “Ganja Co-op” for Jamaica pot growers

Wellness Group Pharms’ managing partner Paul Montes (MAHN’-tis) of Elmhurst says backing from a Denver cannabis consulting company has been crucial to his operation near Anna, Illinois. Wellness Group Pharms is one of 18 companies awarded permits to grow marijuana in Illinois.

Colorado pot businesses sold a record amount of marijuana in January, resulting in an excise tax of $2.3 million designated for public schools, state officials said Wednesday.

The numbers, reported by the Colorado Department of Revenue, show that January’s school-designated pot excise tax is more than 10 times the amount in January 2014, when the state first collected the tax on wholesale marijuana transfers.

From December to January, the school tax sum jumped about 21 percent, from $1.9 million to $2.3 million. In January 2014, the state collected $195,318 in taxes allotted for school construction capital.

In total, the amount of taxes, licenses and fees stemming from medical and recreational marijuana sales amounts to $8.8 million this January.

Viridian Staffing's (www.viridianstaffing.com) Client, a medible processor, is seeking experienced, results-oriented, independent sales representatives, with existing industry connections, to represent them in the Denver, CO, Area. Our Client is looking for strong brand evangelists, who are expert relationship builders.

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Core Requirements

A marijuana grower shows off his original grow kit and its accessories at his home on Dec. 8, 2014. (Aaron Ontiveroz, The Denver Post file)

Brighton residents who are growing marijuana in their homes need to ensure that their plants are at least two feet lower than the ceiling, according to one of the new indoor cultivation regulations adopted by City Council.

The state has regulations for home grows per Amendment 64, but Brighton officials localized those rules by imposing limits on grow room sizes, as well as additional safety requirements like not allowing the plants or storage material to reach the ceiling and risk fire hazards with grow lights.

Colorado pot businesses sold a record amount of marijuana in January, resulting in an excise tax of $2.3 million designated for public schools, state officials said Wednesday.

Based on the Colorado Department of Revenue data, around $36.4 million of recreational marijuana was sold this January compared to about $14.69 million sold the same month last year.

"This is really what we expected and hope to see: a shift in the underground market to a regulated market," said legalization advocate Mason Tvert. "It's clearly generating significant revenue for the state."

Grow Mechanics is a start-up cannabis cultivation and infused-products manufacturing company in Colorado Springs. We are committed to providing access to medical grade marijuana for responsible adult consumption, and to producing consistently potent, lab-tested marijuana and marijuana-infused products for our Colorado community. Through our company standards, practices, and quality products, we inspire ambition, expression, and consciousness throughout our Mechanics family.

At Grow Mechanics we are dedicated to pushing ourselves to be the best, and we are passionate about being a company that cares. We consistently place our energy and focus on: