News - Page 18 of 39 - Colorado Leads

As usual, Colorado leads the way, this time in pest control

May 22, 2019/in Safety, Uncategorized /by Admin

With no guidance from the EPA, it is difficult for the marijuana industry to regulate pesticides and other safety concerns, but Colorado and other states are figuring it out and developing their own standards.

AND that’s a wrap…

May 8, 2019/in Medicinal, Polis, Uncategorized /by Admin

After what seemed like an eternity, the Colorado legislature closed out its 2019 session last week. There were 15 bills related to cannabis and hemp and thirteen passed. Only one has been signed into law by Gov. Jared Polis, but the others are expected to be signed in the near future.

The highlights include bills:

Adding autism spectrum disorders to the list of disabling medical conditions for medical marijuana use. Signed into law. More »
Allowing greater investment flexibility in marijuana businesses. More »
Permitting delivery of regulated marijuana by regulated marijuana sellers. More »
Legalizing consumption of cannabis in designated marijuana hospitality establishments. More »
Allowing physicians to prescribe opioids to the list of disabling medical conditions for medical marijuana use. More »
Two separate measures that extend and update the state’s medical and retail marijuana codes. More »

Moving onto Congress…

May 8, 2019/in Legislation, People, Politics /by Admin

Colorado senators lead way on legalization of marijuana

U.S. Sens. Cory Gardner and Michael Bennet take the lead on the STATES Act and the SAFE Banking Act.

Colorado elected leaders say it’s not okay to build a moral wall keeping out cannabis workers

Four Colorado Congressional Members wrote to the heads of the Department of Justice and Homeland Security about the policy that punishes immigrants for allegedly not having “good moral character” as a result of working in the marijuana industry.

Marijuana banking bill gains momentum with prosecutors’ support

May 9, 2019/in Legislation, Uncategorized /by Admin

The attorneys general of 33 states and five U.S. territories said they support congressional legislation that would allow cannabis companies in Colorado and elsewhere to use banks without fear of federal repercussions.

“For too long, the status quo has pushed legitimate businesses outside the banking system and into cash-dependent models, creating a lucrative target for violent and white-collar crime,” said Colorado Attorney General Phil Weiser, who lead the effort on uniting the group.

Cannabis cash cow? No.

May 8, 2019/in People /by Admin

Former Colorado Cannabis Czar Andrew Freedman appeared on a Rhode Island news show warning that legal cannabis is not necessarily a “cash windfall” and says he supports banning home grows because “it would save lives.”

Business News

May 8, 2019/in Businesses, Economy, Investment /by Admin

One person’s trash is another’s treasure

There is an emerging cannabis sector that turns plant refuse and post-extraction leftovers into marketable products that range from animal bedding to construction materials.

If the U.S. legalized cannabis today…

It would be a $28 billion market, growing to $41 billion by 2028, according to Barclays analysts. They also found that marijuana tax revenues are already ahead of alcohol tax revenues in Colorado, Washington state and Nevada.

Note to investors: Be optimistic, but careful

The marijuana industry has strong potential especially after legalization for recreational and medicinal use. However, investors should be careful as several industry stocks have already skyrocketed even as the industry has been tagged as highly volatile.

If you aren’t sure what to make of this, you aren’t alone

May 8, 2019/in Health, Science /by Admin

A new study from the University of Colorado Boulder in Frontiers in Public Health finds that 80% of cannabis smokers mix the drug with their workouts. The same study goes as far as suggesting the mixture may be beneficial for some.

Marijuana tax money targeted for Colorado’s full-day kindergarten rollout

April 24, 2019/in Education, Tax, Uncategorized /by Admin

Up to $25 million is expected to help districts in rural areas, as well as others struggling financially. The money would help buy new desks and furniture, fixtures for bathrooms and classrooms, and other equipment schools need as they expand their full-day kindergarten offerings.

The bill, HB-1055, won House approval 56-8 and now awaits action by the Senate.

Also at the legislature . . .

April 24, 2019/in Crime, Legislation, Politics, Uncategorized /by Admin

The Colorado House passed a bill to reduce drug possession penalties, moving the bill to the Senate. The bill would lower the penalty for Schedule I or II drug possession to a level 1 drug misdemeanor instead of a level 4 drug felony. Level 4 drug felonies are punishable by six to 12 months in prison.

The bill allowing greater investment flexibility in marijuana businesses, HB-1090, cleared another hurdle Tuesday, when appropriations committee referred it unamended to the Senate. The Denver Business Journal gave a preview of what passage of the bill may mean to Colorado.