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 […]
Marijuana Industry Group
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 […]
Posted inBusiness, News, Politics and Government
Colorado lawmakers aim to enact strict new regulations on marijuana concentrate, medical cannabis
Marijuana concentrate and medical marijuana would be subject to strict new regulations under a bill introduced Friday in the Colorado legislature that’s aimed at curbing teen use and adult overconsumption of high-potency cannabis. House Bill 1317 would require that dabs — concentrated cannabis that comes in a wax form and is made by extracting THC […]
Posted inHealth, News, Politics and Government
Cannabis lobby gains new clout in Colorado as its spending tripled in the past five years
As Colorado’s marijuana industry has grown to top $6 billion in sales in its fifth year of legalization, the cannabis lobby at the Capitol is also growing, in numbers, spending and stature. This will be a big year for the industry, with marijuana regulations sunsetting and bills vetoed by former Democratic Gov. John Hickenlooper resurfacing. […]