Browsing: Cannabusiness

mason_jar_winter_collins20180216_049 (1)Jacqueline Collins

Colorado has banned the state’s marijuana industry from adding vitamin E acetate, the chemical additive linked to vaping illnesses by federal health officials, to products meant for inhalation.

On November 8, the Centers for Disease Control and Prevention announced a potential culprit behind the recent vaping illnesses: vitamin E acetate. However, Colorado’s Marijuana Enforcement Division had already prohibited the additive as an ingredient days earlier, and also banned two more ingredients with connections to short- and long-term health issues. In addition to vitamin E acetate, polyethylene glycol (PEG) and medium chain triglycerides (MCT oil) are now ruled out for marijuana products meant for inhalation.

jeremy (1)Courtesy of Lagunitas

If the White Claw memes and CBD sections at liquor stores haven’t tipped you off, let us be the ones to tell you that the beer business is struggling. Non-alcoholic drinks and less caloric options have made the once-thriving craft-beer industry look for new ways to satisfy your thirst.

Lagunitas Brewing Company, already known for its love for cannabis, took a natural route toward the pot-infused side of things. The brewery’s Hi-Fi Hops drink, a hoppy seltzer infused with CBD, THC or both, hit Colorado dispensaries this fall, giving users a terpene-filled splash of cannabinoids. To learn more about how the drink is made and the loving history that Lagunitas has with the plant, we chatted with Hi-Fi head brewer Jeremy Marshall.

img_1171Westword

The Green Solution, one of Colorado’s largest marijuana dispensary chains, announced today, November 5, that it has been purchased by a publicly traded cannabis corporation.

According to the Green Solution’s representatives, Columbia Care Inc. has agreed to buy the Green Solution and its twenty dispensaries across Colorado for approximately $140 million. The deal also includes the Green Solution’s growing facilities and infused-product brands — of which there are many — as well as three more dispensaries that haven’t opened.

den_011217_veritas_grow_slentz038Scott Lentz

Denver recently conducted random tests of more than two dozen local dispensaries to learn more about potential yeast and mold issues with marijuana, and the results weren’t good.

On August 19, the City of Denver sent a notice to every licensed marijuana dispensary in the city, warning that investigators would be conducting random assessments at about 25 stores in the coming weeks “to evaluate contaminants in products on store shelves.”

“Each sample will be tested for pesticides and total yeast and mold by a state- and ISO-certified marijuana testing facility. Results of their respective testing will be shared with each facility and will also be shared broadly within a write-up of results,” the announcement read.

the_green_solution_collins20171215_008 (1)Jacqueline Collins

College students looking for courses next semester may have a new option, as Denver-based Cannabis Training University’s curriculum on the burgeoning pot industry is now offered in two and four-year institutions in the United States, with plans to expand into Canada.

Online Cannabis Education, CTU’s online set of courses for cannabis entrepreneurs, growers, chefs and more is already offered at Mount Wachusett Community College and Worcester State University in Massachusetts, where recreational cannabis was legalized in 2016. But CTU CEO Jeff Zorn says he plans to expand the course to more colleges in other states.

img_8803 (1)Jacqueline Collins

Cannabis use and the cannabis business in general have gone mainstream, but the people responsible for marketing the plant still have to jump through a lot of hoops. After all, there’s a reason that you haven’t seen cannabis commercials on TV or billboards for dispensaries: Pot still isn’t that legal.

To help emerging pot companies navigate the odd, evolving world of promoting cannabis, Lisa Buffo founded the Cannabis Marketing Association. Since launching the group in Colorado, she’s built a network of chapters in nine of America’s largest legal and medical markets. We recently caught up with Buffo to learn more about the behind-the-scenes work that goes into selling us all that legal weed.

solace-meds-sticky-buds-colax-mitchell-2019 (2)Thomas Mitchell | Toke of the Town

Brian Garret almost tripped as he approached his favorite dispensary, Sticky Buds, on September 3 — and it wasn’t because of Denver’s lousy sidewalks. Garret’s pot shop of choice on Colfax Avenue had a banner hanging out front, announcing new ownership.

“I called the other location [on South Broadway], and they said Solace Meds took over that one, too,” he said at the time. “Everything inside was pretty much the same, but things will probably change with time.”

Garret, who just wanted to get home for an after-work dab on a hot summer day, probably didn’t realize how metaphorical his statement was. Natural market evolution and new state laws allowing out-of-state investors, publicly held companies and more large venture funds to own pot companies have set up Colorado’s cannabis field for some big changes late this year.

mason_jar_spring_collins20180426_056 (1)Jacqueline Collins

The recent outbreak of lung illnesses connected to THC vaporization products is pushing the Colorado Marijuana Enforcement Division to implement new regulations that could include the prohibition of certain vaping additives in the regulated marketplace.

New rules banning the production and sale of cannabis vape products containing polyethylene glycol (PEG), vitamin E acetate and medium chain triglycerides (MCT oil) were proposed by the MED on October 7, according to the agency, with the proposed rules up for public discussion on Tuesday, October 15.

tetra_lounge_glitter_bong_collins20181025_014 (1)Jacqueline Collins

Colorado marijuana sales continued their hot streak in August, according to the state Department of Revenue, reaching the highest monthly total ever.

Medical and recreational dispensaries accounted for over $173.2 million in sales in August, DOR data shows. That number is easily the highest for monthly sales since recreational pot stores opened in January 2014, passing July 2019’s previous high mark (approximately $166.3 million) by about 4 percent. This is the third straight month that dispensary sales have broken Colorado’s monthly record.

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