The co-owners of the embattled Sweet Leaf cannabis business have been ordered to pay $8.8 million for breach of contract over properties they were buying in Denver.
The amendment would let cannabis businesses open bank accounts in states where they’re legal, and it would exempt legal retailers from federal prosecution.
State legislators and advocates of Colorado’s hemp industry say a provision in the new farm bill that legalizes hemp will be a boon for the state’s already thriving hemp industry.
Business was booming at several Colorado Springs marijuana shops, despite local ordinances that prohibit the retail sales of marijuana and pot products.
The federal prohibition on buying and selling marijuana puts radio and television ads out of reach, which is why sellers rely on social media to boost their brands. But Facebook and Instagram don’t allow the promotion of marijuana sales regardless of state or country.
Coloradans spend $4.57 to mitigate marijuana’s effects for every tax dollar it generates, claims a recently released study.
Colorado legislators will consider legalizing marijuana delivery and making it easier to invest in cannabis businesses.
It was mid-summer, fewer than three months before Canada legalized recreational marijuana, and Vic Neufeld had a problem.
Colorado may be the mecca of legal marijuana, but the state’s old drug laws still loom large. More than 10,000 people in Denver alone were convicted of low-level cannabis crimes between 2001 and 2013.
The Colorado Department of Revenue has issued a safety and health advisory after potentially unsafe pesticide residues were found on certain medical marijuana plant material and products.