Lawmakers Bring Coronavirus Relief Bill to Cannabis Industry

  • Posted by CO 420 Websites
  • On May 1, 2020
House lawmakers have introduced a bill that would allow cannabis companies to access federal funds available to other small businesses. Although cannabis businesses have been deemed essential in legal states, the federal government’s prohibition on marijuana means that marijuana businesses are not eligible for federal aid.
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Vegas MJBizCon Draws Record Numbers

  • Posted by CO 420 Websites
  • On November 29, 2017
MjBizCon, the annual conference aimed at marijuana professionals and investors, wrapped up its sixth year earlier this month and established itself as the fastest-growing trade show in the country with arecord number of vendors and attendees...
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Recreational Cannabis in Nevada Hits a Roadblock

  • Posted by CO 420 Websites
  • On June 21, 2017
On Tuesday, a Carson City judge, James Wilson, issued an injunction that reverses the Tax Department's decision to allow more than just alcohol wholesalers to transport recreational marijuana from growers to dispensaries. The move could delay a planned July start date for recreational cannabis sales...
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Colorado Cannabis Tax Revenue Exceeds $105 Million

  • Posted by CO 420 Websites
  • On May 31, 2017
Colorado governor John Hickenlooper signed a budget bill on Friday that earmarks how marijuana tax revenue will be spent. Marijuana is still big business in Colorado, and tax revenue from the 2016-2017 fiscal year brought more than $105 million to the state's "Marijuana Cash Fund."...
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Marijuana Could Benefit Native Tribes in Nevada

  • Posted by CO 420 Websites
  • On April 12, 2017
Last week, tribal leaders in Nevada testified in support of a bill that would bring the medical and recreational cannabis industry to tribal lands. Senate Bill 375, introduced by Sen. Tick Segerblom (D-Las Vegas), would allow the state to work with individual tribes whose tribal councils have approved medical and/or recreational cannabis...
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Denver: First U.S. City to Allow Public Cannabis Use

  • Posted by CO 420 Websites
  • On January 20, 2017
Denver is one step closer to setting guidelines for public marijuana use in clubs and businesses located in Denver. The initiative, passed by voters in November, allows adults 21 and older to consume cannabis at marijuana clubs and places like yoga studios, art galleries, and coffee shops...
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2016: The Year in Weed

  • Posted by CO 420 Websites
  • On December 28, 2016
As a result of November's election, medical cannabis is legal in more than half of U.S. states. Medical marijuana measures were approved in Arkansas, Florida, North Dakota. In Montana, existing medical cannabis rules were expanded by removing the three-patient limit for providers...
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First Recreational Cannabis Shops Open in Anchorage This Month

  • Posted by CO 420 Websites
  • On December 8, 2016
Anchorage, Alaska's most populous city, will finally see its first retail marijuana shops open for business on December 17. Dispensaries have been popping up around Alaska, but unlike other cities, Anchorage requires marijuana business applications to be certified by the state...
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Oregon City Councilor Opens Cannabis Shop

  • Posted by CO 420 Websites
  • On May 18, 2016
Clay Bearnson, a member of the Medford City Council, is the first councilor in Oregon to own a dispensary. Medford, Oregon, known for its tough stance on legalized marijuana, now has three medical marijuana dispensaries...
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Whoopi & Maya Take on Menstrual Pain w/ Cannabis

  • Posted by CO 420 Websites
  • On April 4, 2016
Whoopi Goldberg and Maya Elisabeth, founder of Om Edibles in San Francisco, have started a new medical marijuana business aimed at relieving menstrual cramps. The company, named Whoopi & Maya, will begin selling topicals and edibles in California this month...
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America’s First Cannabis Resort Opens in Colorado

  • Posted by CO 420 Websites
  • On March 14, 2016
On Friday, Bud+Breakfast announced plans to open the country's first cannabis resort. Camp Bud+Breakfast at Aspen Canyon Ranch, a 414 acre all-inclusive getaway in Parshall, Colorado, will open for this year's summer season, July 1 - September 30...
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Presidential Candidates Weigh in on Marijuana

  • Posted by CO 420 Websites
  • On March 7, 2016
Both marijuana and the political race have dominated the news in recent months, and the outcome of the presidential election could have a huge impact on marijuana policy nationwide. Democrats and Republicans have widely different positions on medical and recreational cannabis...
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Insurance Policy Refuses to Pay Damages to Marijuana Dispensary

  • Posted by CO 420 Websites
  • On February 29, 2016
A suit filed by Green Earth Wellness Center against insurance company Atain was granted in part and denied in part. The Colorado Springs based medical marijuana dispensary made a claim after a 2012 wildfire damaged the grow operation's ventilation system, resulting in damage to growing plants and harvested buds...
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March Shows Record Marijuana Sales in Colorado

  • Posted by CO 420 Websites
  • On May 12, 2015
According to an article in the Cannabist, the month of March reflected record sales for the legal marijuana industry. More than $47 million of recreational marijuana sales were estimated by the Colorado Department of Revenue in a report released earlier this week...
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