News

FDA Commissioner Resigns

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”

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?!”

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

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.

Read More »

 

Even Denver Mayor Michael Hancock weighed in, tweeting: “Time is long overdue for marijuana businesses to have access to the same banking and financial services that other legitimate U.S. businesses have. Let’s make this happen.”

Who Tweeted It?

“#TBT That time I rode  a car with an Oregon cannabis business owner to deliver a $70,000 tax payments.”   

U.S. Sen. Jeff Merkley (D-OR)

 

Keep it Safe, Colorado

Denver has developed a food safety and sanitation class for manufacturers, cultivation facilities, and centers/stores.

More Information »

Members in the news

Dixie Brands has made impressive strides to expand its footprint in the United States and in Latin America. 

See More »

Farmer and rancher perceptions of cannabis reflect nationwide acceptance

In a recent Farm Journal survey, respondents said they were more comfortable with CBD and medical applications of cannabis than THC and recreational applications. Survey respondents also were more agreeable to growing than consuming cannabis. To see their perceptions in one chart Click Here »

Lessons cannabis firms can learn from the craft beer industry

Q&A with Nug’s Ted Whitney

 Spoiler alert:  The American consumer has the most annoyingly short attention span ever.”

Read the Marijuana Business Daily Article »

Hickenlooper on cannabis

The latest on where former Colorado governor and current Presidential hopeful John Hickenlooper stands on cannabis. 

Click Here »