Colorado Cannabis

January cannabis sales in Colorado came in flat compared to December, according to data released by the Colorado Department of Revenue. Combined medical and adult-use marijuana sales earned $115.4 million in January, which compares to $115.8 million in December. Out of the $115.4 million total,...

Lifestyle Foods Inc., operating as Ripple, a Colorado-based cannabis edibles company, has filed a lawsuit against the state Marijuana Enforcement Division (MED) due to the enforcement of Radio Frequency Identification (RFID) tracking policies. The company contends that the current tag requirements...

Colorado's cannabis market, once a frontrunner in the U.S. for recreational marijuana sales, has experienced a downturn. In 2023, the state's cannabis sales barely surpassed the $1.5 billion mark, a decrease from $1.7 billion in 2022 and a significant drop from the peak of over $2 billion...

New Congressional Report Highlights Perils Of Cash-Only Transactions For Cannabis Industry Licensed state-legal cannabis businesses are facing significant challenges, due the the lack of banking access, suggested a report published by the Congressional Research Service (CRS) on Tuesday. "If...

Biden Administration Official Denies Rumor That DEA Is Rescheduling Cannabis Anytime Soon  Adrian Snead, a partner in the Washington, D.C. office and member of the firm’s Government & Regulatory Affairs and Litigation Practice Groups, who also worked with SAFER Banking sponsor Sen. Jeff...

A new bipartisan measure introduced on Monday in Colorado seeks to remove a recently implemented rule that mandates testing of cannabis for a fungus called Aspergillus, as first reported by Westworld. The rule issued by the Colorado Marijuana Enforcement Division (MED) resulted in 17 product...

2023 was a busy year for the Colorado marijuana regulator, given that it issued 17 cannabis product recalls. The sharp increase in recalls by the Colorado Marijuana Enforcement Division (MED) builds on a recent rule that mandates testing for a fungus called Aspergillus. Why? The Aspergillus fungus...

In a detailed equity research report, Zuanic & Associates offer a neutral perspective on WM Technology (NASDAQ: MAPS), a leading player in the cannabis sector, highlighting its unique market position and prospects. Market Position And Valuation "We initiate coverage of WM Technology with a...

The Colorado Department of Revenue reported cannabis sales figures Thursday for last year through November a total of $1.4 billion worth of products sold. The Centennial State, which was the first state in the US to launch adult-use cannabis sales 10 years ago, generated $15 billion since then.  In...

Cannabis industry jobs platform Vangst announced on Tuesday that it has signed a government contract with the Cannabis Business Office (CBO) – a part of the Office of Economic Development and International Trade (OEDIT) – to create CannaBusiness Growth. The new educational program seeks to...

Guns for Everyone, a pro-gun rights organization, is working on an initiative to be put on the ballot next year, which would allow marijuana users to obtain concealed carry permits for guns in Colorado. On Tuesday, the proposal will be heard before the state’s Legislative Council Staff,...

Arizona's New Policy on Medical Cannabis and Child Safety Arizona will reportedly cease investigations of newborn marijuana exposure if the parent is a registered medical cannabis patient, following a court ruling that upholds parental rights to use medical marijuana. Expansion of Florida's...

"California is the winner by a mile, and I hope to strike a balance between low cost, scaled infrastructure, and a CPG portfolio that actually connects with people and brings value to their lives, particularly active, healthy lives," said Carlos "Los" Arias, co-founder & CEO...

In September 2023, cannabis sales figures from various U.S. states offered a compelling snapshot of the evolving landscape of legal cannabis markets. See Also: Cannabis Sales Trends: August 2023 Updates From New Mexico To Colorado Connecticut Connecticut's cannabis market has reported...

New Bill Allows Medical Marijuana Patients To Submit Products Tor Testing Directly To Labs A bill sent to Washington, D.C. Mayor Muriel Bowser's (D) desk proposes that medical cannabis patients could directly submit products for testing to labs. Additionally, regulators could grant...