Colorado Collects More Than $20 Million From Marijuana Sales

Statewide pot-supply shortages slowed the edibles’ arrival, but manufacturers also were stifled by emergency regulations from the state Liquor Control Board, which has taken a cautious approach to opening the marketplace.

COLORADO:  Colorado raked in nearly $22 million from marijuana taxes, licenses and fees in the first three months of recreational pot sales, according to state Department of Revenue data released Thursday. Sales of recreational marijuana were nearly $19 million in March, up nearly one-third from about $14 million in February, according to state figures. The state has Read the full article…

Colorado House Backs Down, OKs Hemp-Farmers’ Access To Financial Co-Op System

Acquiescing to Senate insistence that hemp farmers be allowed to join the cooperatives, representatives voted 33-31 for House Bill 1398, sending it to Gov. John Hickenlooper's desk for approval and, ultimately, a showdown with federal banking regulators.

COLORADO: Backing down from a five-hour fight over whether industrial hemp farmers should be able to access a new credit union-like arrangement for marijuana businesses, the state House narrowly passed a bill that would create the first cooperative of its kind. Acquiescing to Senate insistence that hemp farmers be allowed to join the cooperatives, representatives voted Read the full article…

Denver Is Getting Its First ‘Bud and Breakfast’ Soon. Yes, Really.

With no Amsterdam-style public venues and private lounges where smoking pot is permitted Small independent hotel owners are stepping up to serve pot tourists.

COLORADO:  Since January, when Colorado legalized recreational marijuana use, a so-called pot tourism industry has quickly gained traction, with private clubs, tours and shops catering to curious patrons. (Just remember: Don’t bring that weed on the plane home.) And while there’s some weed-friendly lodging in the state (more often through Airbnb than traditional hotels), there hasn’t yet been Read the full article…

Colorado Legislators Take It Slow On Pot Spending

But the Joint Budget Committee wants to wait to spend marijuana taxes the year after they are collected. That would leave the state with just $20 million to spend in the budget year that starts in July.

COLORADO:  Legislators proceeded cautiously Tuesday when deciding how to spend marijuana tax money, the state’s biggest and most volatile new source of revenue. Gov. John Hickenlooper has asked for $54 million in spending from marijuana taxes in order to fund law enforcement, anti-drug programs and health care for substance abusers. But the Joint Budget Committee Read the full article…

High Demand For Pot Jobs: Huge Turnout At Colorado Marijuana Job Fair

More than a dozen companies were looking for candidates to fill jobs as bud-tenders (those who work behind the counter and dispense pot), marketers, marijuana trimmers and even accountants.

COLORADO: Looking for a job as a bud-tender? Get in line. A marijuana-industry job fair in Colorado saw a massive turnout of job seekers who waited in line for information about employment in the expanding industry following the legalization of recreational marijuana use in the state. More than a dozen companies were looking for candidates to Read the full article…

Colorado Marijuana Industry On Display At Drug-Policy Talks

Aside from safety and health training, new rules also will normalize the amount of marijuana found in any edible — ensuring that a single serving size has no more than 10 milligrams of active THC

COLORADO: Dignitaries from three nations sniffed marijuana, walked through greenhouses full of tagged marijuana plants and learned about video pot surveillance on a three-day Weed 101 tour in Colorado, which has a regulated marijuana market and is planning to expand sales to all adults in a few weeks.