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Let Cannabis Companies Operate Like Other Legitimate Businesses

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That was the clear message delivered from Ron Kammerzell, who oversaw the Marijuana Enforcement Division at the Colorado Department of Revenue, and Nate Bruggeman, an assistant attorney general at the Colorado Department of Law’s Marijuana Enforcement Division. 

“One specific area that warrants serious consideration is the prohibition on publicly traded companies from holding marijuana business licenses or investing in Colorado marijuana companies,” they wrote in The Denver Post. Not only does the prohibition not enhance public safety, they said, it “is depriving Colorado businesses of access to needed investment capital.”

Kammerzell and Bruggeman also suggested that Colorado update, simplify and streamline it’s marijuana laws.  

Denver Post Article »

Support for legal cannabis at an all-time high

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Nearly two-thirds of American voters now back legalized marijuana, the highest level of support ever recorded by a Quinnipiac poll. Support for medical marijuana is even higher, at 93 percent, with only about 5 percent of respondents opposed.

The poll also found that 74 percent of Americans support Congress passing a bill similar to the one being proposed by Sen. Cory Gardner, R-Colo., to protect states with legalized marijuana from federal interference.

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The evolution of Corey Gardner

Westword takes a look at the transformation of Gardner from marijuana opponent to states-rights cannabis advocate.

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Green Man Eyes Major Expansion

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Christian Hageseth, the founder of Green Man Cannabis and six-time winner of the Cannabis Cup talks about expansion and his plans to build “the world’s most powerful cannabis business franchise system.”

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Colorado marijuana sales hit $1 billion in first eight months of 2017

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Colorado’s legal marijuana industry generated a record $1 billion in sales during the first eight months of 2017, producing more than $160 million in taxes and fees for critical Colorado services.

With more than $1.02 billion in collective medical and recreational sales through August, sales are up 21 percent from the same period last year, according to The Cannabist, the marijuana news portal of The Denver Post, which analyzed state tax data released last week.

This equates to more than $162 million in taxes and fees for the state, which has received more than half a billion dollars in tax revenue since the first marijuana retail store opened its doors three-and-a-half-years ago.

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