Colorado

Synonyms: 
Denver
Tue
02
May

How Colorado's Edible Pot Market Went from Public Enemy to Public Health Leader

A tray of tempting pastel-coloured candies sits on a countertop inside AmeriCanna's production facility. Although shaped like pot leaves and stamped with Colorado's universal symbol for the mind-altering ingredient in cannabis – a diamond containing the letters "THC" – the gummies would only provide a sugar high at this point.

Working with precision and speed, the kitchen supervisor uses a device to soak each candy with marijuana extract, so each piece contains exactly 10 milligrams of THC, a single dose under the state's regulations.

The entire process takes seconds, but it represents the culmination of a long regulatory journey for Colorado's edible marijuana industry – one that AmeriCanna owner Dan Anglin is urging Canada to learn from.

Tue
02
May

Five Myths About Marijuana Legalization Debunked by Colorado's Experience

Here are five myths about marijuana legalization that Colorado officials and businesses say have been debunked in the state, where recreational pot was first legalized in 2012:

1. It's a tax windfall.

Marijuana sales surpassed US$1.3 billion in Colorado in 2016, but that's only a fraction of the state's $333 billion GDP, said Ashley Kilroy, Denver's executive director of excise and licences, which oversees marijuana policy.

In 2016, the state collected $199 million in tax and fee revenue, of which $40 million was earmarked for school construction projects and $5.7 million was designated generally for public schools. Colorado's overall budget is $26.8 billion this year.

Fri
28
Apr

Colorado governor: sessions finds Obama-era marijuana policy 'not too far' off

Colorado Gov. John Hickenlooper, after meeting with Attorney General Jeff Sessions this week in Washington, says that he doesn’t believe a federal crackdown on legal marijuana is on the way, adding that Sessions called the Obama administration’s guidance on marijuana “not too far from good policy.”

“The meeting was very productive, and overall it was very good,” Jacque Montgomery, press secretary for the Democratic governor, told HuffPost. Montgomery said that Sessions spent about an hour with Hickenlooper, and they discussed the state’s successful marijuana regulation, its collection of data on usage, what the state has learned since the first legal pot shops opened in 2014, how the state has updated the law, and how it deals with the gray and black markets that continue.

Fri
28
Apr

Trump admin's anti-marijuana stance is leading to record marijuana sales

Colorado is continuing to set record marijuana sales—$235 million for the first two months of 2017, up 30 percent from the same period in 2016—and one shocking theory is emerging as to why retail figures are so robust: Donald J. Trump. 

According to Marijuana Business Daily, which tracks industry trends, suggests that the Trump administration’s negative comments regarding legalization and regulation may be one factor behind the soaring growth. Reporter Eli McVey writes: 

Fri
28
Apr

State Patrol in 2nd Year of Testing Roadside Marijuana Devices

Colorado State Patrol is in the process of adding to its arsenal the tools available to troopers that would confirm the presence of drugs in a driver’s system.

Officers rely on behavioral cues – probable cause – to pull over a driver: speeding up, slowing down, drifting into another lane.  From there, a roadside sobriety test “peels back” the next layer of impairment, much like a drunk driving test.  It’s those visual cues that law enforcement use to prosecute a person’s impairment.

 “You have four legalized states, you’re gonna have four more legalized states in just a few months, and you even have the country of Canada going to legalization,” said CDOT Highway Safety Manager, Glenn Davis.  “We realized that we're probably gonna have a whole lot more customers."

Fri
28
Apr

Marijuana & PTSD: KCMO veteran hopes for change

A group of Missouri veterans will head to Colorado on Thursday for a conference dealing with medical marijuana and how it can help treat post-traumatic stress disorder.

The "1st Annual Institute of Cannabis Research Conference” will be held at Colorado State University and feature tours of legal dispensaries and grow operations.

Vietnam veteran George Biswell will be one of 22 Missouri veterans traveling to the conference. Biswell will be one of 22 Missouri veterans traveling to the conference.

"I think just about anybody who served in Vietnam deals with some form of post-traumatic stress," he told 41 Action News.

Biswell served in the United States Air Force and was sent overseas to help in the Vietnam War in 1969.

Thu
27
Apr

National marijuana movement shows no signs of slowing Colorado

 The recreational marijuana industry is catching up to the medical industry in Colorado in terms of the number of licenses issued by the state, and a tiny northeastern Colorado town has one of the highest concentration of licenses in the state.

The new insight into the state’s burgeoning marijuana industry comes from a compilation of state data by Paul Seaborn, Ph.D., an assistant professor at the University of Denver’s Daniels College of Business, in his latest report: “Colorado Marijuana Market Report.”

Thu
27
Apr

'Higher' Calling: Inside Denver's International Church of Cannabis

Tucked away on 400 Logan St. in the Mile High City of Denver, Colorado, rests a 113-year old red brick building with a story to tell. Under the April sun, this antiquated church may not seem out of the ordinary…until you take a closer look. This is the new home to Elevation Ministries of the International Church of Cannabis (ICOC), a Colorado religious non-profit organization that seeks to educate and enlighten those who believe the use of cannabis as a sacrament can simulate ascension to a higher state of being.

William Berke, father of owner Steve Berke, instructs guests they can enter for a private viewing of opening day at the International Church of Cannabis Thursday, April 20, 2017 on Logan Street in Denver, CO. (Daniel Brenner for Leafly)

Tue
25
Apr

Wana Brands Adds CBD Gummies to the Mix

With consumer interest in CBD on the rise, top selling gummies now offer therapeutic effects.

Wana Brands has united its top selling sour gummies with CBD, a consumer favorite, for its latest line extension CBD Specific Gummies. The new line allows customers the freedom to choose their favorite Wana flavors that boast the therapeutic effects of CBD. Wana Brands is the No. 1 ranked edibles brand in sales revenue in the highly competitive Colorado market according to BDS Analytics.

Mon
24
Apr

This landmark cannabis bill is great news for marijuana stocks

Investors would probably struggle to find an industry that's growing at a faster and more consistent pace than legal marijuana.

Last year alone, according to cannabis research firm ArcView, North American legal pot sales jumped 34% to $6.9 billion. ArcView estimates that legal sales could top $22 billion by 2021, with investment firm Cowen & Co. expecting legal sales to hit $50 billion by 2026. Regardless of what estimate you choose to believe, the legal marijuana industry is growing by between 20% and 30% a year. That type of consistent long-term growth is certainly appealing to investors.

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