Colorado Medical Cannabis Business & Marijuana Legal News

20 Denver marijuana dispensaries fail mold and yeast tests

Random tests for mold and yeast at more than two dozen Denver-area cannabis dispensaries resulted in 20 stores being ordered to hold or quarantine their cannabis flower, shake or pre-rolled joints. The Denver Department of Public Health and Environment conducted 25 tests over a two-day period in September, according to alt-weekly newspaper Westword, which analyzed […]

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Medicine Man Technologies looks beyond Colorado after nearly $300M buying spree

Medicine Man Technologies is undergoing a growth spurt of historic proportions, including visions for national and even international expansion that are a long way from the company’s humble beginnings. At the beginning of this year, the Denver-based company was largely a cannabis consulting company with annual revenues of less than $10 million. Now, after an […]

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Sales of marijuana edibles up in at least four states in wake of vape health scare

The vaping health crisis apparently has been good for the marijuana edibles sector, a sign that consumers are funneling more money into infused products instead of vaporizers. Since the first vape-related death was reported in August, retail sales of edibles have climbed steadily in four states while those of vaping products have declined, though the […]

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Week in Review: Early freeze costs largest CO marijuana cultivator millions, Weedmaps lays off 100+, MJ licensing probes escalate & more

Colorado’s largest marijuana cultivator suffers an early freeze that is expected to trigger a supply disruption in the state, more than 100 Weedmaps employees receive pink slips, enforcement efforts intensify to root out corruption in local and state cannabis licensing – and more of the week’s top cannabis business news. Supply freeze Colorado’s largest cannabis […]

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Buying cannabis licenses on secondary market more of a sure bet than applying for state business permits

As the marijuana industry matures and companies expand, many smaller, original growers and retailers are putting their licenses up for sale through the secondary market – much like selling a house. The growing trend is giving cannabis entrepreneurs a new avenue to secure a valuable business permit versus going through the state application process, which […]

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Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected

The largest marijuana grower in Colorado – Pueblo-based Los Sueños Farms – disclosed it lost millions of dollars during an early winter storm after half the company’s plants froze before harvest could be completed. The crop loss in Southern Colorado is expected to send ripples throughout the state’s cannabis supply chain, reducing the supply of […]

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Colorado proposes rules to ban additives in cannabis vape products

Colorado regulators are finalizing rules to ban certain ingredients from marijuana vaping products, following the lead of other states with legal cannabis programs in the wake of a health crisis that has sickened more than a thousand and killed over two dozen people. At a public hearing Tuesday, Colorado’s Marijuana Enforcement Division discussed the proposed rules […]

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Voluntary recall of cannabis products at 144 Colorado dispensaries

Denver-based Bonsai Cultivation voluntarily recalled marijuana plant-material products from across Colorado after Denver health officials detected elevated levels of mold and yeast in the company’s goods. The recall applies to marijuana plant materials, including pre-rolls, distributed to 144 retail stores across the state, according to the Denver Department of Public Health and Environment (DDPHE). In addition to […]

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Flowhub cannabis tech platform raises $23 million

Denver-based Flowhub, a marijuana software technology platform, raised $23 million in a Series A funding to bankroll its expansion. The raise was backed by numerous investors, including existing stakeholders Phyto Partners, based in Boca Raton, Florida, and San Francisco-headquartered Poseidon Asset Management. The $23 million of financing closed on this round brings the privately owned […]

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Chart: How medical cannabis programs fare in states with recreational markets

The legalization of recreational cannabis can put a big dent in a state’s pre-existing medical marijuana market. Patient counts in Colorado, Massachusetts, Nevada and Oregon – the only states with both an active recreational marijuana industry and a pre-existing MMJ patient database – have all suffered in the months and years since the launch of […]

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