News - Page 21 of 40 - Colorado Leads

Dear Abby . . .

March 20, 2019/in Businesses /by Admin

Is vertical integration the right approach for my cannabis business?

Sorry to be the bearer of bad news . . .

March 20, 2019/in Politics, Uncategorized /by Admin

Turns out Thomas Jefferson – diplomat, architect, author of the Declaration of Independence, and the third president of the United States – did not smoke marijuana and did not draft the Declaration of Independence on hemp paper, according to all available evidence.

We know. We were all shocked by the claim (we see you, Facebook). Both Politifact and Monticello weigh in here.

Key Colorado House Panel Advances Bill Allowing Public and Private Investment in Cannabis Industry

March 6, 2019/in Businesses, Investment /by Admin

The Colorado House Finance Committee unanimously advanced a bill that would open up the state’s $1.5 billion-a-year recreational and medical marijuana industry to new sources of public and private capital.

Committee members also adopted an amendment to the bill that would seek to address social equity issues in Colorado’s cannabis industry, including increasing opportunities for minority – and women-owned businesses. Read More »

Related story ICYMI:

CPR: Colorado Cannabis Wants To Go Public, But Not Everyone Is On Board

Most people contacted by CPR in and outside the industry think public trading is a good idea. Gov. Jared Polis supports it. A similar bill last session passed easily through a bipartisan legislature, before former Gov. John Hickenlooper vetoed it over fears of tracking ownership. CPR Story »

FDA Commissioner Resigns

March 6, 2019/in People, Politics /by Admin

Scott Gottlieb, commissioner of the US Food and Drug Administration (FDA), resigned Tuesday, raising questions about the status of cannabidiol (CBD). Recently, Gottlieb told a congressional committee that the FDA was “deeply focused” on finding an appropriate way to handle CBD. Although Congress’ passed the farm bill in late 2018, which seemed to open the door to legal CBD, the DEA still considers nonprescribed CBD to be an illegal Schedule I drug, and many legal scholars caution against assuming that CBD is legal.

More »

Things that make you go “Hmmmmmm”

March 6, 2019/in Businesses, People, Uncategorized /by Admin

John Mackey, CEO of Whole Foods said that “chances are good” the company will begin selling marijuana products in its stores as more states legalize. He also mentioned the company would consider selling “alternative proteins” such as insects. More »

This may be a golden business opportunity for former Colorado U.S. Attorney Bob Troyer, who planned to start a cricket farm after leaving his position last year. The former top prosecutor eats cricket powder himself, and said he believes insect protein will be part of the sustainable food system of the future with the increase in global warming. More »

Former Mexican President Vicente Fox, who calls himself a soldier in the global campaign to legalize marijuana, joined the board of directors for Denver-based Helix TCS. Fox is also on the board of High Times. Más »

Things that make you go “Wait. WHAT? Seriously?!”

March 6, 2019/in Businesses, Legislation, People, Uncategorized /by Admin

Maybe it’s the potential money. Maybe it’s Snoop’s influence. Or maybe she overly embraced her prison nickname (M. Diddy). But Martha Stewart has teamed up with a Canadian cannabis company to create and promote a new line of hemp-based CBD products. Stewart is joining the Canadian marijuana company Canopy Growth as an adviser to help them develop cannabis products for people and their pets. It’s unclear if Stewart’s products will be served in one of her famous decorative gourds.

Stewart will join her friend Snoop, who together co-host the VH1 talk show “Martha and Snoop’s Potluck Dinner Party.” Snoop Dogg has partnered with Canopy for the last three years.

Denver Post Article »

Hawaii, yes liberal Hawaii which is considered politically left of California, decided not to legalize adult-use cannabis. Again.

Here it is »

Legal banking for state regulated marijuana companies – I guarantee it

March 6, 2019/in Banking, Legislation, People /by Admin

U.S. Rep. Ed Perlmutter (D-CO), who sits on the House Financial Services Committee, purportedly “guaranteed” that a bill allowing banks to legally service state-regulated marijuana companies “is “going to pass the House overwhelmingly” according to former U.S. Rep. Barney Frank (D-MA). “Democrats want it. Banks want it. The Republicans are split. But the main obstacle before was [former Attorney General] Jeff Sessions, who was obstinate on this, and now he’s gone,” said Frank, who has joined with Beantown Greentown, a local group of underground growers, marketers, and event organizers trying to go legit.