Posted inNews

Colorado’s cannabis industry is enduring its first sustained downturn since recreational weed sales began

Colorado’s legal marijuana industry is weathering its first sustained downturn since dispensaries began selling recreational weed in 2014. Dispensaries are closing. New ventures, like delivery services and social clubs, are struggling. Tax revenues are plummeting. And across the industry, layoffs are sending marijuana workers packing. Colorado’s green boom is beginning to bust as more states […]

Posted inBusiness, Marijuana, News

Welcome to Kush, Colorado, the new Napa Valley of weed if one entrepreneur has his way

MOFFAT — Erick Reichwald pulls his truck and camping trailer into the freshly graveled alley and hops out.  “Where’s my lot again?” he asks Mike Biggio. Biggio, the co-owner of Moffat’s Area 420 cannabis business park — the largest commercial marijuana operation in the country — points his newest resident to a 1-acre parcel of […]

Posted inBusiness, Marijuana, News, Politics and Government

Robberies, deaths renew calls for Congress to pass legislation letting cannabis businesses access banking

By Gene Johnson, The Associated Press SEATTLE — A surge in robberies at licensed cannabis shops — including a pistol-whipping, gunshots and killings in Washington state last month — is helping fuel a renewed push for federal banking reforms that would make the cash-dependent stores a less appealing target. “It makes absolutely no sense that […]

Posted inBusiness, Crime and Courts, Equity, Marijuana, News, Politics and Government

Burglaries at cannabis dispensaries prompt Denver to adopt strict security rules. Not everyone is happy about them.

Would-be thieves smashed a window at Denver’s Simply Pure dispensary in June 2021, then climbed in and tried to get into the store’s offices. An alarm sounded, and when Denver police arrived, the intruders jumped out of the window and drove off before they could steal any cash or marijuana products, said Wanda James, co-owner […]

Posted inBusiness, Marijuana, News, Politics and Government

Colorado lawmakers reject bill seeking to prohibit employers from firing workers for cannabis use

A Colorado House committee voted down a bill that sought to stop employers from denying jobs to or firing workers for their off-the-clock cannabis use, either medical or recreational. House Bill 1152 also sought to require employers to let their employees consume medical marijuana while on the job. The legislation included exceptions for workers whose […]

Posted inOpinion, Opinion Columns

Opinion: 10 years in, Marijuana legalization hasn’t changed the youth usage rate

This year we celebrate the 10-year-anniversary since Colorado took the courageous leap of legalizing marijuana. As Colorado’s cannabis marketplace has matured and thrived over the past decade, we know for certain: It is working and thriving. Adults and patients have access to safe products, incarceration rates for cannabis-related crimes have decreased, hundreds of millions of […]