Apr 30 2023
Colorado’s Legislature has passed legislation to prohibit regulators from denying applications for licenses and certifications based solely on a civil or criminal judgement regarding the consumption, possession, cultivation, or processing of marijuana. Colorado Senate Bill 265 was passed through the Senate on April 20 by a vote of 32 to 1. Today it was passed …
Apr 29 2023
A proposed Colorado law that would allow marijuana stores to sell marijuana and marijuana products online and deliver it to customers has been passed through its second reading in the state’s Senate. House Bill 1279 advanced through the House of Representatives earlier this month with members voting 40 to 23 in favor. Yesterday the measure …
Apr 28 2023
Colorado’s full Senate and two House committees have passed a bill to create a regulatory framework for legal psychedelics including psylocibin (magic mushrooms), ibogaine and DMT. Earlier this week The Colorado Senate voted 25 to 10 to pass Senate Bill 23-290, sending it to the House. On Thursday the measure was passed through the House …
Apr 26 2023
On Monday Colorado Governor Jared Polis and the Cannabis Business Office (CBO) announced the Cannabis Business Loan Program for social equity licensed cannabis businesses in Colorado. The CBO (a department within the Colorado Office of Economic Development & International Trade), has partnered with mission-based lender NuProject to provide financing that is not otherwise available to …
Apr 22 2023
Since the start of legal marijuana sales in 2014, Colorado has sold an eye-opening $14 billion in legal marijuana and marijuana products. In total Colorado (the nation’s 21st most populated state) sold $14.3 billion in marijuana between January, 2014 and March, 2023. These sales have resulted in $2,414,242,457 in new tax revenue for the state. …
Apr 15 2023
Colorado legislation to allow marijuana stores to sell marijuana and marijuana products online, while also allowing them to deliver it, has been passed by the state’s House of Representatives. According to the official summary of House Bill 1279, “Current law prohibits a licensed retail marijuana store from selling retail marijuana or retail marijuana products over …
Apr 11 2023
Colorado made $23 million in marijuana taxes in March according to data released today by the Colorado Department of Revenue. In total the state made $23,101,036 in taxes from the legal marijuana industry. This is roughly on par with, albeit slightly less than, the $24.7 million sold in February. However it is more than the …
Apr 05 2023
A recently filed bill in Colorado’s House of Representatives would allow licensed marijuana retail outlets to legally sell marijuana and marijuana products online, and would also allow marijuana deliveries. In Colorado although consumers can preorder marijuana through an online menu for pickup, they cannot purchase marijuana online and have it delivered to them. House Bill …
Mar 12 2023
According to the Colorado Department of Revenue the state garnered nearly $25 million in marijuana taxes in February. In total the state made $24,752,691 in taxes from the legal distribution of marijuana and marijuana products in the month of February, roughly a million dollars more than the previous month despite there being just 28 days …
Feb 21 2023
According to new data from the Colorado Department of Revenue, the state garnered over $23 million in taxes from marijuana sales last month. In total the state made $23,352,041 in taxes from marijuana and marijuana products sold legally within the state in January. This brings the total since the beginning of legal marijuana sales in …
