Recreational Marijuana News

Lines, edibles shortages in CO

Retail cannabis stores in Colorado reported another day of strong demand for recreational cannabis, though some said they are already running low on edibles and other infused products. Lines formed outside many of the licensed retail shops in the Denver area on Thursday, with customers forced to wait an hour or two to get inside. […]

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Recreational Marijuana Bill Introduced in Vermont

Vermont Sen. David Zuckerman has proposed a bill that would legalize, tax and regulate the sale and use of recreational marijuana. But don’t expect much movement this year: Zuckerman dubbed 2014 a “building year, more than a passage year” for legalization efforts. The bill would create a framework for the wholesale and retail sale of […]

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Update: Huge demand, price increases on 1st day of retail cannabis sales

Colorado’s new era of recreational marijuana sales kicked off Wednesday with massive lines, price hikes and even arbitrary limits on customer purchases. Demand came in on the high end of estimates, surprising many business owners who expected solid – but not overwhelming – traffic on the first day of retail sales. In Denver, consumers queued […]

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Column: 7 Things to Watch as Recreational Marijuana Sales Begin

By Chris Walsh It’s hard to overstate the significance of Jan. 1, 2014, when recreational cannabis sales begin in Colorado. For the first time in US history, state-licensed businesses will sell marijuana to adults 21 and over, launching an industry that could surpass $1 billion in no time. But it won’t be smooth sailing.

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348 Retail Marijuana Licenses Issued in Colorado

Colorado has issued its first business licenses to recreational cannabis companies – marking a major milestone for the industry and setting the stage for retail marijuana sales next week. The state’s Marijuana Enforcement Division announced late Monday that it mailed licenses to 348 cannabis companies – 270 of which are in the Denver area. The […]

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Most-Viewed Congressional Bill: Marijuana Legalization

Another sign that Americans are intensely interested in cannabis reform: A proposal to legalize marijuana ranks as the most-viewed bill on the US government’s main website for federal legislative information. In fact, the bill is more popular than hot-button issues such as jobs, guns and the economy. The Ending Federal Marijuana Prohibition Act of 2013 – […]

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Denver Appoints Marijuana Policy Director

America’s marijuana capital has a new cannabis czar. Denver Mayor Michael Hancock has appointed Ashley R. Kilroy as the city’s executive director of marijuana policy for the city and county. According to a press release put out by the city, Kilroy will recommend, administer and implement medical and retail marijuana policies for Denver, overseeing all […]

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Recreational Countdown: Pricing Cannabis for New Market Fraught With Challenges

The first state-licensed recreational marijuana shops in the nation face a difficult task: Set prices for an uncharted market. All signs point to huge demand and extremely limited supply when retail marijuana sales begin Jan. 1 in Colorado. But no one really knows how many consumers will buy recreational marijuana, how much they’ll pay for […]

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Report: WA Cannabis Consumption Double Initial Predictions

A study commissioned by the Washington State Liquor Control Board has found that the state’s marijuana consumption for 2013 is approximately double the amount regulators predicted. The study, conducted by the RAND Corporation, found that total marijuana use in the state was approximately 175 metric tons (approximately 6.2 million ounces). The number is more than […]

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Recreational Countdown: Severe Marijuana Shortage Possible in Colorado

When the flood gates open for Colorado’s recreational marijuana industry on Jan. 1, will there be enough inventory on hand to satisfy the rush of new customers? Many in the industry say no. The reason: Colorado cultivators are already operating at or near capacity in the current medical marijuana market and cannot ramp up production […]

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Backlog in CO Cannabis Employee Licensing

Complications with Colorado’s recreational marijuana program continue. Only this time, would-be employees of retail cannabis shops are running into issues – and that could cause problems for marijuana businesses. Recreational marijuana stores must ensure all of their employees are licensed with the state before opening when adult-use sales begin next month. So dozens and sometimes […]

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Home-Grow Reversal a Mixed Bag for WA Cannabusinesses

Washington medical marijuana patients might be able to grow cannabis at home when recreational sales begin after all, a move that could shake up the expected market for retail shops. The state Liquor Control Board has signaled it will officially recommend that MMJ patients continue to be able to cultivate their own cannabis, rejecting proposals […]

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