Posted inMarijuana

New Mexico marijuana legalization poses a serious threat to Colorado’s lucrative border-town pot shops

TRINIDAD —When Colorado legalized the retail sale of marijuana in 2012, savvy entrepreneurs saw an opportunity beyond setting up shop in population centers like Denver and Boulder.  They realized if they opened cannabis businesses in small towns along the state’s borders, they could attract customers from Kansas, Nebraska, New Mexico, Texas, Utah and Wyoming, where […]

Posted inBusiness, Health, News, Politics and Government

Should states set pot policy by its potency? Some, including a Colorado lawmaker, say yes

By Jennifer Peltz, The Associated Press As marijuana legalization spreads across U.S. states, so does a debate over whether to set pot policy by potency. Under a law signed last month, New York will tax recreational marijuana based on its amount of THC, the main intoxicating chemical in cannabis. Illinois imposed a potency-related tax when […]

Posted inNews

“ISIT420″: Colorado to auction off cannabis-themed license plates

 Cannabis-themed license plates in Colorado are being auctioned off to the highest bidder in a fundraiser for the Colorado Disability Funding Committee. The state is selling the rights to 14 plates with cannabis-themed phrases, including “BONG,” “GANJA,” “TEGRIDY” and “HASH,” KUSA-TV reported. A license plate with “ISIT420,” a reference to slang for smoking pot, has so […]

Posted inCrime and Courts, News, Politics and Government

Coloradans convicted of marijuana possession could easily get their record sealed under new bill

Colorado lawmakers are on track to give more people convicted of marijuana possession offenses the opportunity to easily seal their criminal record, by requiring courts to seal convictions for possession up to two ounces for people who haven’t committed a crime since.  House Bill 1090 would also expand Colorado’s recreational marijuana possession limit to two […]

Posted inBusiness, News, Politics and Government

New Mexico primed to join Colorado, other U.S. states as part of recreational marijuana wave

By Morgan Lee and Cedar Attanasio, The Associated Press SANTA FE, N.M. — New Mexico is joining a wave of states that are legalizing recreational marijuana as its Democrat-dominated Legislature sent a package of cannabis bills Wednesday to a supportive governor. Lawmakers used a marathon two-day legislative session to push through marijuana legalization for adults […]

Posted inBusiness, News, Politics and Government

Colorado’s marijuana industry flexed its big muscles and now an effort to limit pot potency is unraveling

State Rep. Yadira Caraveo says her proposal to limit the potency of marijuana sold recreationally in Colorado was just in its beginning stages. But when draft legislation was recently leaked and prominent figures in the state’s cannabis industry created an uproar, the measure started unraveling.  Now, Caraveo, a Thornton Democrat and pediatrician, is backing off […]

Posted inBusiness, Economy, News

$10 billion in recreational marijuana has now been sold in Colorado, fueled by strong 2020 sales

Colorado retailers have sold $10 billion in marijuana since recreational pot started being sold in 2014, according to new monthly figures released Tuesday by the state Department of Revenue.  Total 2020 sales hit $2.19 billion, up sharply from $1.75 billion in all of 2019, according to the state. Sales in December alone were $186.34 million.  […]