ProMap Acquires Advanced Cannabis Solutions

“By the end of year five we'll be doing $100 million in sales, with a margin of 80 percent.”

COLORADO:  Promap Corporation (OTCBB: PMAP) announced today the acquisition of Advanced Cannabis Solutions, Inc. (ACS), a privately owned Colorado-based company that plans to become a national leader in the rapidly emerging, regulated marijuana industry.

Denver Council to Settle 39 Issues Around New Retail Pot Framework

Ralph Morgan helps customers find the strain of marijuana they want at Organa Labs in Denver on March 19, 2013. The Denver City Council is debating how laws governing retail marijuana shops will impact dispensaries.

COLORADO: With legislation pending on whether to ask Denver voters to approve a 5 percent tax on retail marijuana sales, the Denver City Council on Monday will consider setting a host of rules and regulations for the new industry.

Estes Park Town Board to Consider Ordinances on Marijuana Establishments

Amendment 64 requires that local governments choosing to prohibit retail marijuana establishments have those rules in place by October 1, 2013.

COLORADO: The Estes Park Town Board will consider proposed additions to the municipal code to prohibit retail marijuana establishments within Estes Park town limits, as well as prohibit private marijuana clubs in commercial and industrial establishments at its Aug. 13 meeting.

Proposed limits on recreational pot shop locations

Denver Pot Shops face regulations on their location.

Should recreational marijuana shops be allowed to be next door to each other? It is a question being raised by Denver City Councilman Paul López, as he proposes five amendments to the law regarding recreational marijuana. Colorado voters approved the use and sale of recreational marijuana in November 2012. However, lawmakers in different cities are Read the full article…

“Marijuana Is a Vegetable” and Belongs in the Farmers’ Market: Pot VC

COLORADO: Became the second state to legalize recreational marijuana last November and if one Colorado resident has his way, the plant will soon be sold at the Boulder County Farmers’ Markets, one of the largest farmers’ markets in the state.

Marijuana Regulation Is Largely an Illusion in Denver, Too, But So What?

Medical marijuana vials displayed at a medical marijuana dispensary.

COLORADO: The Justice Department’s crackdown on medical marijuana has been notably less heavy-handed in Colorado than in other states. While the feds have shut down hundreds of dispensaries in California and continue to target businesses that supply cannabis to patients in Washington, John Walsh, the U.S. attorney for Colorado, has contented himself with sending threatening letters to 50 or Read the full article…

Colorado's weed problems could spell trouble for marijuana legalization

It’s had one hearing before the House Health and Human Services Committee, but no vote had been scheduled as of late Monday afternoon.

COLORADO: At first glance, Colorado’s medical marijuana industry seems like an unmitigated success story. Hundreds of dispensaries and grow houses have sprouted up since the state began taxing weed sales three years ago, bringing in millions of dollars in extra revenue. Colorado’s fiscal windfall has led many to herald its program as a model for other states to Read the full article…