Search Results: dispensaries (1514)

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.

den_canna_20150726_mmjamerica_arapahoe_slentz_05Scott Lentz

As Colorado’s cannabis industry opens up to more investment opportunities and public funding through a new law that takes effect November 1, expect powerful players to enter the fray. A private company is already beating some of those public corporations to the punch, however, purchasing five well-known dispensaries in the metro area this year alone.

Lova, a new dispensary brand, now owns both of MMJ America’s dispensaries in Denver as well as Groundswell Cannabis Boutique, Northern Lights Cannabis Co. in Edgewater and Boulder’s Trill Alternatives (MMJ America in Boulder and Northern Lights in Denver will remain unaffected by the deal). Founded by Matthew Shifrin and Amanda Fox, Lova is funded by Australian billionaire Brett Blundy. We sat down with Shifrin and Fox, a University of Denver alum, to learn more about their plans for their new dispensaries.

starbuds_louisville-lentz-2015 (1)Scott Lentz

Starbuds, one of Colorado’s largest dispensary chains, has agreed to sell a handful of stores to a name that’s becoming increasingly common in cannabis-industry acquisition news: Medicine Man Technologies.

The deal between the two parties, announced September 3, has Starbuds selling five stores in Louisville, Longmont, Pueblo, Niwot and Commerce City to the cannabis business conglomerate for just over $31 million in cash and Medicine Man Technology stock shares.

But the news doesn’t end there. Today, September 4, Medicine Man Technologies announced it has agreed to buy Colorado Harvest Company, a chain of three dispensaries in Denver and Aurora, for $12.5 million in cash and stock.

incredibles_marijuana-bud-plant-collins2018 (1)Jacqueline Collins

Denver no longer has the distinction of being the only major city with retail marijuana dispensaries, but that hasn’t stopped weed from flying off the shelves here. This city has seen almost $2.4 billion in marijuana sales since the first retail dispensary opened on January 1, 2014, according to our calculations based on Colorado Department of Revenue data.

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