Colorado Medical Cannabis Business & Marijuana Legal News

How state cannabis regulatory agencies across the U.S. have responded to the vaping health crisis

State regulators overseeing the legal marijuana industry are adopting a wait-and-see stance as the industry determines what exactly is causing the health problems related to vaping, although California has come down more decisively against vaping of all forms. For the most part, regulators in more than a half dozen states are reacting cautiously while public […]

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Denver police warn marijuana businesses of ‘uptick in burglaries’

The Denver Police Department warned Colorado cannabis businesses that it’s seeing an increase in burglaries at dispensaries and is encouraging operators to report any suspicious activities. In an online bulletin, the department wrote, “Dear Marijuana Industry, (the DPD) is seeing an uptick in burglaries at marijuana facilities.” The letter outlined several suggested steps, both proactive […]

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Week in Review: Cannabis vape crisis, CA banking bill fails, public corruption in MA & more

Sales fall for recreational marijuana vaping products as a health scare hits the mainstream media, a California marijuana banking bill dies but could return in 2020, a Massachusetts mayor is deposed for allegedly ripping off MJ firms – and more of the week’s top cannabis business news. Vaping crisis The pulmonary illness epidemic related to […]

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Chart: Sales fall for adult-use cannabis vape products on heels of health scare

Recreational marijuana vape product sales are suffering in the wake of a nationwide health scare that caused several deaths and hundreds of illnesses, with consumers shifting their spending into other merchandise such as flower and pre-rolls. The shares of vape sales in California, Colorado, Nevada and Washington state’s recreational markets have declined significantly since the first vape-related […]

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Medicine Man Technologies announces 11th cannabis buy

Denver-based Medicine Man Technologies on Thursday announced its 11th marijuana business acquisition of the year – a $5.1 million cash and stock deal for Canyon, an infused edibles manufacturer. Medicine Man Technologies will pay no more than $2.6 million in cash for the 10-year-old Canyon, which also is based in Denver. The number of shares paid […]

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Marijuana labs adding tests targeting vitamin E acetate in response to vaping health scare

Cannabis testing labs around the country are adding more specific tests targeting an additive that’s been linked to the string of recent illnesses and deaths health authorities say are related to marijuana and tobacco vaping devices. Although no definitive cause of the vaping-related issues has been identified, early reports have targeted the additive vitamin E […]

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Medicine Man Technologies buying Colorado marijuana firm for $31 million

Denver-based Medicine Man Technologies continues its recent acquisition tear, announcing on Wednesday it is paying $31 million in stock and cash for Strawberry Fields, a cannabis operator based in Colorado Springs, Colorado. Strawberry Fields, which has worked with Medicine Man Technologies for many years, owns four recreational dispensaries in Colorado – two in Pueblo – […]

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Cannabis industry insiders brace for potential fallout as health officials report new vaping deaths, issue warnings

U.S. health officials were once again cautioning the public to refrain from using vaping products as related respiratory illnesses and even deaths continued to be disclosed last week. As of Friday, officials linked at least five fatalities to e-cigarettes and electronic marijuana vaping devices. The outbreak has some in the cannabis industry expecting at least a […]

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Medicine Man Technologies’ acquisition of CO marijuana firm its ninth this year

A buying spree by Denver-based Medicine Man Technologies continues, with a deal announced Wednesday to buy Colorado Harvest Co. and its three cannabis storefronts for $12.5 million. Medicine Man Technologies said it is paying $4 million in cash and 2.8 million shares of common stock valued at $2.95 per share, equal to $8.5 million in […]

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Cannabis firm buys Denver-based Mary’s Brands

Colorado-based Mary’s Brands, the maker of a marijuana skin patch, was acquired for an undisclosed amount by BR Brands of Connecticut. BR Brands, based in Greenwich, Connecticut, owns and distributes a range of cannabis and hemp products. After the deal closed, Mary’s Brands CEO Lynn Honderd stepped down as CEO but remains an adviser. Denver-based […]

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