Denver Ready to Issue Cannabis Social Use Licenses

  • Posted by CO 420 Websites
  • On August 31, 2017
The problem of where to consume cannabis in Colorado has been an issue since recreational marijuana use was approved by voters in 2012. Now, five years later, the city of Denver is ready to become the first in the nation to launch a program allowing businesses to set up social marijuana consumption areas...
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Justice Department Blocks DEA Cannabis Research

  • Posted by CO 420 Websites
  • On August 17, 2017
A year after the US Drug Enforcement Agency (DEA) began accepting applications to grow cannabis for research, it appears that the Department of Justice (DOJ) and Attorney General Jeff Sessions are blocking researchers from moving ahead with their proposals...
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Hawaii Opens First Medical Marijuana Dispensary After 17-Year Wait

  • Posted by CO 420 Websites
  • On August 10, 2017
After a 17-year wait, Hawaii's 18,000 medical marijuana patients will finally have a place to shop. Maui Grown Therapies is set to open next week, having been the first dispensary to receive approval from the Department of Health to begin selling medical cannabis...
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Colorado’s $100 Million/Month of Cannabis Sales the “New Norm”

  • Posted by CO 420 Websites
  • On July 26, 2017
Another month, another record-breaking amount of cannabis sales in Colorado. The cannabis industry achieved a milestone in May, with $100 million in pot sales for the 12th consecutive month. "I think that $100 million a month (in sales) are the new norm," said Bethany Gomez, director of research for Brightfield Group, a cannabis market research firm...
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Nevada Governor Declares State of Emergency After Weed Runs Low

  • Posted by CO 420 Websites
  • On July 13, 2017
There's a first for everything, especially when it comes to the cannabis industry, so perhaps it's not surprising that a lack of weed has led the governor of Nevada to declare a state of emergency. Less than two weeks after recreational marijuana sales began, dispensaries report that they're running out of product to sell...
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Recreational Cannabis in Nevada Hits a Roadblock

  • Posted by CO 420 Websites
  • On June 21, 2017
On Tuesday, a Carson City judge, James Wilson, issued an injunction that reverses the Tax Department's decision to allow more than just alcohol wholesalers to transport recreational marijuana from growers to dispensaries. The move could delay a planned July start date for recreational cannabis sales...
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Vermont Governor Vetoes Current Marijuana Bill

  • Posted by CO 420 Websites
  • On May 25, 2017
Vermont Governor Phil Scott (R) vetoed a bill on Wednesday that would have legalized recreational marijuana. Scott cited concerns about public safety, seeking changes to the bill that would include more aggressive penalties for driving while impaired or in the presence of children...
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More Celebrities Launch Cannabis Brands, Help Normalize Industry

  • Posted by CO 420 Websites
  • On March 3, 2017
California is expected to become the largest recreational pot market in the country, so it's not surprising that a number of celebrities are jumping on the marijuana bandwagon and creating their own cannabis brands. Industry experts say that by investing in cannabis celebrities like Willie Nelson, Whoopi Goldberg, Wiz Khalifa, and billionaire Richard Branson are helping promote broader social acceptance of marijuana...
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New Mexico Bill May Give Military Veterans Access to Medical Marijuana

  • Posted by CO 420 Websites
  • On February 10, 2017
The Senate Judiciary Committee in New Mexico approved a bill that would make all military veterans eligible for a medical marijuana card. The changes to the state's Medical Cannabis Program would automatically allow veterans to enroll without being diagnosed with a qualifying medical condition...
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Illinois State Treasurer Urges Trump to Let Banks Work with the Cannabis Industry

  • Posted by CO 420 Websites
  • On January 27, 2017
Illinois State Treasurer Michael Frerichs issued a press release Monday, urging the Trump administration to give clear guidance to financial institutions regarding medical marijuana. In his letter, he urged President Trump to reassure banks that they will not face penalties or prosecution for doing business with state-licensed marijuana growers and dispensaries...
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Cannabis Legalization Backers Give Free Marijuana on Inauguration Day

  • Posted by CO 420 Websites
  • On January 5, 2017
In response to Senator Jeff Sessions' nomination for attorney general by President-elect Trump, a group of marijuana advocates are lighting up in protest at the upcoming inauguration. The protest isn't anti-Trump or looking to disrupt the inauguration. “The main message is it’s time to legalize cannabis at the federal level."...
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2016: The Year in Weed

  • Posted by CO 420 Websites
  • On December 28, 2016
As a result of November's election, medical cannabis is legal in more than half of U.S. states. Medical marijuana measures were approved in Arkansas, Florida, North Dakota. In Montana, existing medical cannabis rules were expanded by removing the three-patient limit for providers...
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Recreational Marijuana Won’t Tax Nevada’s Budget

  • Posted by CO 420 Websites
  • On December 21, 2016
Nevada state regulators are confident that launching the recreational marijuana market won't strain the state budget, in large part because they plan to use funds from the state's medical marijuana program to offset startup costs. The Question 2 ballot measure takes effect on January 1, making it legal for adults 21 and older to possess up to an ounce of marijuana...
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Cannabis is Quickly Becoming Colorado’s Largest Industry

  • Posted by CO 420 Websites
  • On November 4, 2016
Total 2015 numbers for the Colorado cannabis industry were $996 million in marijuana sales and $121 million in new taxes. The cannabis industry is the fastest-growing business sector in the state and has created 8,005 direct and ancillary full-time jobs in 2015...
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The Majority of Americans Support Cannabis Legalization

  • Posted by CO 420 Websites
  • On October 13, 2016
A new survey released by the Pew Research Center indicates that the number of Americans who support marijuana legalization are higher than ever. 57% approve legalization, while only 37% think cannabis should be outlawed..
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Marijuana Buyer’s Remorse? Not in Colorado

  • Posted by CO 420 Websites
  • On September 20, 2016
Four years after voters approved Amendment 64, do Coloradans regret legalizing cannabis? Not according to a new poll that shows the majority of voters in the state, 51 percent, would oppose repealing the amendment if it were to appear on the ballot...
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Denver Social Cannabis Initiative to Appear on November Ballot

  • Posted by CO 420 Websites
  • On September 14, 2016
A ballot initiative could solve a longstanding problem in Denver: where to consume legally purchased cannabis. Although Colorado legalized recreational use in 2012, Amendment 64 does not allow for public use of marijuana. This puts tourists to the city in a bind--outside of the few pot-friendly hotels, there's not really any legal place to consume marijuana.
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Cannabis Sales Hit New $117M High in Colorado

  • Posted by CO 420 Websites
  • On June 14, 2016
Colorado medical and recreational cannabis sales reached a new high in April, totaling $117.4 million worth of flower, edibles and concentrates. This is the highest monthly total since recreational sales began in 2014...
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Whoopi & Maya Take on Menstrual Pain w/ Cannabis

  • Posted by CO 420 Websites
  • On April 4, 2016
Whoopi Goldberg and Maya Elisabeth, founder of Om Edibles in San Francisco, have started a new medical marijuana business aimed at relieving menstrual cramps. The company, named Whoopi & Maya, will begin selling topicals and edibles in California this month...
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Hemp Growers Boost Growing Industry

  • Posted by CO 420 Websites
  • On March 21, 2016
Hemp farmers in Colorado are looking to become the first to certify seed for industrial crops. The certification, which will be issued by the Colorado Seed Growers Association, will verify genetics, THC content and cultivation techniques...
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NFL Players Join Cannabis Legalization Fight

  • Posted by CO 420 Websites
  • On February 4, 2016
Every day, more celebrities, community organizers, and regular citizens join the fight to legalize cannabis. Recently, a growing number of NFL players have joined the legal cannabis cause - advocating cannabis as a clear choice for pain relief for the athletes' constant physical strain, not to mention a good treatment choice for concussions and mental stress...
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Colorado & Washington Legal Cannabis Set Records

  • Posted by CO 420 Websites
  • On September 22, 2015
As the summer comes to an end, legal cannabis markets continue to surprise us by posting bigger and bigger income numbers. Colorado's pot tourists set a huge high mark with $56.4 million in legal recreational cannabis sales in July alone. Not to mention medical cannabis in Colorado which brought in its own whopping $40 million in taxes. With these record numbers, its not hard to believe the industry could potentially cross the billion dollar mark by the end of this year...
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