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Colorado cannabis: All grown up

Colorado State University is launching a cannabinoid research center with a $1.5 million gift from an alumna who is the head of a CBD company.

The money will fund research, cover operating expenses and purchase equipment, and students and faculty will study the formulation of cannabinoids, separation efficiencies, and efficacy testing, among other things.

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You want to go where everybody knows your name

Bloomberg looks at the Colorado’s new law permitting cannabis lounges, how local governments may regulate them and how entrepreneurs grapple with making them profitable.

“This takes it out of back alleys and parks,” said state Rep. Jonathan Singer, chief sponsor of a law (H.B. 1230) that took effect Jan. 1. “Whether you are a novice, a tourist, or an established resident, you should have a public place where it’s safe to consume.”

 

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Related: Silverthorne opts out of cannabis hospitality and delivery.

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