Browsing: Cannabusiness

colfaxpotshop_dispensary-bud-bar-slentz_04Scott Lentz

The United States House of Representatives held a hearing on the challenges of marijuana business banking on February 13, gaining attention and praise for doing what congressional leaders had not done in the past: actually consider federal marijuana reform.

The House Financial Services Committee hearing on Colorado Congressman Ed Perlmutter’s SAFE Banking Act provided more bark than bite, however, with no vote on the measure taking place.

fox.street.wellnes.buds.bud.bars_slentzScott Lentz

It came down to the last month of the year, but 2018’s dispensary sales ultimately edged out the previous year’s total for Colorado. According to the state Department of Revenue, Colorado pot shops have sold over $6 billion worth of legal marijuana since retail sales began on January 1, 2014.

For the fifth year in a row, annual dispensary sales reached a new record.

coffee-joint-canna-coding-chester-2019Britt Chester

The Coffee Joint’s most recent CannaCoding session featured industry professionals from Cannopy, Vangst and Flowhub.

The first rule of cannabis coding: well, there are no rules…yet. Legal cannabis is still very much the digital Wild West for coders.

The Coffee Joint, Denver’s only licensed pot lounge, has been hosting a series of sessions called CannaCoding, bringing industry professionals and prospective cannabis coders together to talk about the developing trade. 

shatter.marijuana.concentrate.lindsey.bartlettLindsey Bartlett

Neal Levine, a longtime member of the Colorado marijuana industry who’s now the CEO of the national Cannabis Trade Federation, sees the case for THC potency limits on marijuana concentrates recently made in this space as a Trojan horse for gutting the industry.

“When you start talking about potency and it’s not based on science, it sounds like reefer madness, the next generation,” Levine says.

gabriel_ettenson_dsc_1908_1Courtesy of Elixinol

When approximately one million people gathered in New York’s Times Square on December 31, 2018, most of them didn’t know they were standing in front of cannabis history being made as the ball dropped into 2019. But that night, a handful of hemp- and marijuana-related companies became the first of their kind to advertise in some of the most coveted real estate in the world. One of those companies was Elixinol, a hemp and CBD company based in Broomfield.

Don’t let the suburban headquarters fool you: Elixinol has been pushing the tired boundaries of cannabis advertising for some time now, building itself into an internationally known cannabinoid company. To learn more about the firm’s bid for Times Square and its plans for the future, we talked with founder and former physical therapist Gabriel Ettenson.

5903615.0Brandon Marshall

“Look at the butt on that,” said Harry.

“He must work out,” Lloyd replied.

This iconic conversation from Dumb and Dumber marked the moment that Harry and Lloyd arrived in Aspen, but that might sound something more like “look at the bud on that” during this week’s fun at Aspen Gay Ski Week.

Why the change in dialogue? The 2019 edition AGSW has sizable support from Colorado’s cannabis industry.

mason_jar_spring_dabbing-collins-2018 (1)Jacqueline Collins

A recent report from a Colorado organization devoted to keeping children away from marijuana advocates for potency limits on cannabis products, which continue to get stronger and stronger.

“This is very different from marijuana in the 1980s,” says Rachel O’Bryan, co-founder of Smart Colorado, whose mission statement notes that the outfit “engages and informs Coloradans on the risks that marijuana poses to youth.” As a result, she maintains, “it’s a fundamentally different game.”

june_10_2017_hemp_week_yard_party_hamblinKen Hambllin III

America was pretty late to the party, but the federals finally figured out (again) that hemp doesn’t get us high. By removing the plant from the Controlled Substances Act via an amendment to the 2018 Farm Bill, Congress cleared a path for American companies interested in using hemp and its extracts and fibers to source those materials domestically. And retailers selling those products in this country can now do so without fear of law enforcement and regulatory interference.

Some pundits view industrial hemp as a bigger cash crop than marijuana, with its seeds, stalks, fibers and cannabinoids all used to make a long list of products. Here are seven things we eat, wear and use every day that will be impacted by hemp legalization.

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