Courtesy of GruviCannabis legalization has not only spurred a wide variety of new industries, but it’s reinvigorating some old business models. Noticing the growing interest around terpenes — plant compounds found in cannabis and hops (and fruits, flowers, coffee and pretty much anything else grown on Earth) — Niki Sawni decided to start a line of non-alcoholic beverages geared toward cannabis users.
Jacqueline CollinsColorado’s fluctuating marijuana prices may have found some stability, according to the latest data from the state Department of Revenue. The DOR’s official estimate for the average price per pound of marijuana flower in Colorado has risen slightly for the fourth straight time, up to $850 as of July 1.
Thomas Mitchell | Toke of the TownGather round the joint circle, boys and girls, we’ve got a scary story: What if we told you that joint in your hands came from a moldy jungle of Petri dish pot? Unlikely, but possible.
Jacqueline CollinsColorado’s billion-dollar marijuana industry is about to welcome some deeper pockets into the game, but first it needs to create rules to play by.
Courtesy of BinskeRunning a family business brings its own challenges, but adding the trials and tribulations that surround legal cannabis can create headaches no amount of weed can burn away. Alex and Jake Pasternack, the brothers behind Binske, have been able to clear the smoke and transcend it, creating a versatile cannabis brand in four states, with a heavy presence in Colorado.
Courtesy of GrasslandsIf America’s legal cannabis movement is going to be successful, it needs support from both of the major political parties and from people like Dan Anglin, a former U.S. Marine turned Republican lobbyist turned edibles entrepreneur. A veteran of Desert Storm as well as the early days of cannabis legalization in Colorado, Anglin has seen — and helped usher in — significant changes to laws and regulations surrounding cannabis edibles, while also starting a national brand of his own.
Jacqueline CollinsDespite the 4/20 holiday on April 20, Colorado dispensary sales dropped in April from March, according to new data from the state Department of Revenue.
Scott LentzMedicine Man Technologies, a publicly traded marijuana business conglomerate based in Denver, just keeps expanding. A week after the company announced its plans to purchase two commercial marijuana operations in Colorado, it revealed an agreement to buy Colombian marijuana producer Green Equity.
Jacqueline CollinsLegal marijuana has now earned over $1 billion in tax revenue for the state, according to the Colorado Department of Revenue.
Lindsey BartlettWell, that didn’t take long: Less than a week after Colorado Governor Jared Polis signed a bill that expanded marijuana business investment opportunities for publicly traded companies, venture capitalists and private equity firms, one of the state’s largest pot corporations announced plans to scoop up two commercial marijuana operations, including the largest legal outdoor cultivation in North America.