Hemp is where it’s at right now, especially in Colorado. Legal cannabis is cool and all — and we welcome Michigan and Vermont to the recreational party in 2019 — but that’s so 2015 in this state.
Browsing: Cannabusiness
A collective effort by several marijuana business groups could help bring social pot use to Colorado dispensaries, hotels, music venues and dozens of other types of businesses — if the concept makes it through the state legislature.
January 1 will forever be a day of celebration in Colorado, where recreational cannabis sales began on January 1, 2014. When 2019 begins, Colorado will mark five years of such sales, with an expected $6 billion collected during that span.
If anyone qualifies to be on the guest list of an anniversary celebration, it’s Sean Azzariti. The Marine Corps veteran, cannabis activist and medical marijuana patient consultant wasn’t just present during the first legal cannabis sale in Colorado: He made the purchase. With plenty of cameras and onlookers present, Azzariti bought an eighth of Bubba Kush and some infused chocolate truffles for $59.74 from Toni Savage Fox, then-owner of 3D Cannabis Center at 4305 Brighton Boulevard. All that attention would make anyone nervous, but for Azzariti, who uses cannabis to treat post-traumatic stress disorder after his time in the military, it was much more than a photo opportunity. It was a first step into national acceptance for his medicine of choice.
The edibles game can be a screwy one for the legal cannabis industry, with a roulette of changing regulations and constantly evolving market demand. New government rules on dosing and packaging can end a company overnight; if those don’t do it, then ever-changing extraction technology and consumer habits just might, with new forms of consumption popping up more often than expected. That’s not even counting the financing and expansion issues faced by American cannabis brands now that our neighbors to the north have legalized the plant federally.
The moment the hemp industry has been waiting for finally happened: President Donald Trump just signed the 2018 Farm Bill, legalizing industrial hemp in the United States.
Senator Cory Gardner’s shot at protecting states with legal marijuana programs was blocked on December 18, when his states’-rights amendment was sent into the rafters by Iowa Senator Chuck Grassley.
Congress made long-awaited history this week when it put language that would legalize industrial hemp in the 2018 Farm Bill, which President Donald Trump is expected to sign into law.
Held annually since 2010 by Clover Leaf University, the Cannabis Business Awards celebrate some of the industry’s brightest companies and advocates. Although legalization continues expanding to new states every year, the national CBAs are still held in downtown Denver every December, with the latest edition taking place at the Hilton Denver City Center on Wednesday, December 5.
Cannabis affects everyone differently, and we’re still trying to figure out what scientific and psychological factors play the biggest roles in each of our “highs.” Some research even shows evidence that one’s sex may play a role in how he or she reacts to cannabis, with male and female bodies carrying different hormones and possibly different endocannabinoid systems.
The state Marijuana Enforcement Division has decided to definite kief for us.