Colorado Medical Cannabis Business & Marijuana Legal News

Week in Review: Investor insight into MJ trade, Denver buzzkill & lawmaker confident in cannabis protections

Bart Schaneman  | November 25, 2016

By Bart Schaneman and John Schroyer

Investors get an inside look at the cannabis industry, Denver marijuana advocates bemoan a decision on public use, and a Republican congressman is hopeful a federal protection for the MJ industry will remain.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Officials block Denver bars, eateries from public MJ use

Kevin Huhn  | November 18, 2016

Denver bars and many restaurants hoping to capitalize on a new voter initiative allowing cannabis use at some businesses might be out of luck, as officials moved to prevent the mixing of alcohol and marijuana.

State licensing officials announced Friday a new regulation that will ban bars and many eateries from …

Colorado city opens marijuana-themed mall

Bart Schaneman  | November 18, 2016

A strip mall in Aurora, Colorado, has undergone a $1 million renovation to reemerge as a marijuana-themed shopping center.

The consolidation helps to circumvent a problem that marijuana businesses often face: finding a sympathetic landlord.

The Aurora Hemp Marketplace, outside Denver, offers a dispensary, a head shop and a cultivation supply store, among …

Week in Review: Liquor giant eyes MJ drinks, notable MJBizCon quotes & Denver voters make history

Omar Sacirbey  | November 18, 2016

By John Schroyer, Omar Sacirbey and Bart Schaneman

A liquor giant eyes cannabis-infused beverages, conference goers offer valuable business intelligence, and Denver voters make the city the first in the nation to allow cannabis use in bars, restaurants and businesses.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Update: Denver’s public-use cannabis initiative passes

Bart Schaneman  | November 15, 2016

Denver voters have passed an initiative to allow cannabis consumption in public businesses such as bars and restaurants, overcoming initial predictions the measure faced an uphill battle.

As of 2 a.m. ET on Tuesday, Initiative 300 had received 53.31% of the approximately 302,000 votes that had been counted. The official election results won’t be certified …

Colorado gov calls for increased enforcement on MJ ‘gray market’

John Schroyer  | November 15, 2016

Colorado Gov. John Hickenlooper called for increased state-level enforcement to battle the cannabis “gray market” and said those who refuse to abide by the law represent a “clear and present danger.”

Hickenlooper’s statement Monday, coming after last week’s huge electoral victories across the nation for the marijuana industry, underscores the still-tentative …

Denver’s public-use MJ initiative poised to pass by narrow margin

Bart Schaneman  | November 10, 2016

Denver’s vote to allow cannabis consumption in public businesses, including bars and restaurants, appears poised for passage, overcoming initial predictions that the initiative faced an uphill battle.

As of 9:30 p.m. Eastern Time Friday, Initiative 300 had received 53% of the approximately 273,000 votes that had been counted. A representative of the Denver County Clerk’s office said …

Election Updates: Live coverage of marijuana measures across the country

Chris Walsh  | November 8, 2016

Marijuana Business Daily provided live updates on cannabis ballot measures and related news on Election Day (all updates in Eastern time).

3:45 a.m. Wednesday (Montana): Montana’s measure to legalize medical marijuana businesses is poised to win comfortably, as the initiative has garnered 56% of the vote with more than 80% of precincts reporting.

Helix TCS becomes largest single shareholder in MJ software firm

John Schroyer  | November 7, 2016

Colorado-based Helix TCS, which has been expanding its holdings in the marijuana trade, announced Monday it has become the largest shareholder in Florida-based BioTrackTHC, a longtime manufacturer and supplier of seed-to-sale cannabis tracking software.

Specific terms of the deal were not disclosed.

Helix and its capital partner, Rose Capital Advisors of Miami Beach, agreed to …