Colorado Medical Cannabis Business & Marijuana Legal News

Court-appointed receivers an option for troubled marijuana companies

John Schroyer  | March 22, 2017

By John Schroyer

Business partnerships in the cannabis industry have become increasingly common. But what happens when such a partnership goes down the tubes and the parties wind up in court?

In that situation, who’s left to run day-to-day operations?

Cannabis public use measures could spur MJ sales, businesses

Bart Schaneman  | March 16, 2017

By Bart Schaneman

From Alaska to Massachusetts, a number of states are weighing measures to allow people to consume cannabis in public places such as clubs and other venues.

Legalizing cannabis clubs and other venues for public consumption could spur MJ sales and create new business opportunities, said industry officials.

Cannabis marketing platform gets $1.6M in added funding

Bart Schaneman  | March 14, 2017

Baker, a Denver-based software provider that links cannabis dispensaries with their customers, announced it has secured $1.6 million since an August seed round, bringing its total funding to $3.5 million.

Poseidon Asset Management, a marijuana-focused investment management firm in San Francisco, led the funding round. Other funders were chiefly existing investors, including serial entrepreneur Michael Lazerow …

Bill extending rec rules to MMJ industry sent to CO governor

Bart Schaneman  | March 7, 2017

A bill sent to Colorado Gov. John Hickenlooper’s desk would apply rules governing the state’s recreational marijuana business to medical cannabis licensees and product manufacturers.

The legislation, approved by Colorado lawmakers, includes provisions aimed at helping MMJ businesses in a variety of areas, local broadcaster Denver 7 reported. It’s not clear whether Hickenlooper will sign …

Recreational marijuana states undeterred by hints of federal crackdown

John Schroyer  | February 24, 2017

By John Schroyer

Despite ominous overtones from the White House, the eight states that have legalized recreational cannabis are proceeding full-bore, whether it’s with running their existing programs or preparing to launch new ones.

Governors and attorneys general responded in unison: They’ll honor voters’ wishes and conduct business as usual while awaiting specific policies.

Denver MJ business owner picked for local chamber of commerce

John Schroyer  | February 24, 2017

Jake Salazar, the founder and CEO of Colorado cannabis retail chain MMJ America, has been appointed to the board of directors of the Hispanic Chamber of Commerce of Metro Denver.

Salazar, who is of Mexican heritage, said he is “honored” to be working alongside other Hispanic business executives at the chamber and that he’ll be …

Rural Colorado town to get state’s first marijuana drive-thru

Omar Sacirbey  | February 20, 2017

The tiny western Colorado town of Parachute is getting what is believed to be the state’s first marijuana retailer with a drive-thru window, a move that could attract on-the-go cannabis customers who don’t want to get out of their car.

Tumbleweed Express, as the planned drive-thru will be known, received a business license last year …