Colorado Set To Prohibit Marijuana Co-Op Growing Operations

police groups and Hickenlooper, a Democrat, have called on lawmakers to curb the practice of assisting other recreational pot users.

By Kristen Wyatt, Associated Press COLORADO: Colorado was set Monday to outlaw marijuana growing co-ops soon after the state Senate unanimously approved a bill making it a crime for people to cultivate recreational pot for other people. The bill supported by the office of Gov. John Hickenlooper passed 35-0 but it was unclear when he would sign it. There Read the full article…

Gov. Hickenlooper Orders Pesticide-Tainted Marijuana Destroyed

COLORADO:  Colorado’s governor ordered the destruction Thursday of marijuana treated with unapproved pesticides, his first action on the matter after months of product recalls and media warnings about unhealthy pesticides on pot. The executive order by Gov. John Hickenlooper called marijuana treated with certain pesticides a “threat to public safety” and said it should be Read the full article…

How Is Marijuana Legalization Going? The Price Of Pot Peace Looks Like A Bargain.

“It seems like the people that were smoking before are mainly the people that are smoking now,” Hickenlooper said as Colorado marked six months of legal recreational sales last week.

In 2012 John Larson, a retired high school math and science teacher, voted against I-502, the initiative that legalized marijuana in Washington. Yet this week Larson was one of the first government-licensed marijuana merchants to open a store in that state: Main Street Marijuana in Vancouver. “If people were dumb enough to vote it in, I’m all for Read the full article…

Colorado To Offer One-Day Tax Holiday On Marijuana

Washington state raked in more than $70 million in taxes during its first year of legal and regulated marijuana sales.

COLORADO:  Colorado will repeal sales taxes on marijuana Sept. 16, thanks to a quirk in its constitution. The one-time-only holiday from the 10 percent state sales tax on recreational pot is likely to generate buzz in the first state in the nation to legalize marijuana. The little-noticed provision is part of a larger bill that Read the full article…

In Colorado, Legal Pot Fails To Meet Predictions Of Supporters, Critics

Slightly more than a year into the state’s experiment with legalized sales and marijuana so far hasn’t been the boon or bane that many expected.

COLORADO:  Before Colorado became the first state to allow marijuana for recreational purposes, supporters boasted that legalization would generate a sizable tax windfall, while opponents warned that it could have dramatic social consequences. Slightly more than a year into the state’s experiment with sanctioning pot sales to adults 21 and older, neither prediction is proving Read the full article…

Colorado Pot Credit Union Could Be Open By Jan. 1 Under State Charter

The Colorado Division of Financial Services late Wednesday issued Fourth Corner Credit Union an unconditional charter to operate, the first state credit-union charter issued in nearly a decade.

COLORADO:  The world’s first financial institution established specifically for the marijuana industry could be open in Colorado by Jan. 1. The Colorado Division of Financial Services late Wednesday issued Fourth Corner Credit Union an unconditional charter to operate, the first state credit-union charter issued in nearly a decade. The next hurdles will be obtaining insurance Read the full article…

Colorado Residents Looking At Pot Tax Rebate

Colorado’s economy is improving, but much of the new money is due to tax collections exceeding the state’s revenue cap, triggering rebates under TABOR for the first time in 15 years.

COLORADO:  Last Monday, Colorado Gov. John Hickenlooper unveiled the state’s $26.8 billion proposed budget for next fiscal year. The budget includes $167.2 million in tax rebates for Colorado taxpayers, including $30.5 million in rebates due to total state recreational pot revenue that was higher than predicted. The rebates are mandated by the Colorado Taxpayer’s Bill of Rights Read the full article…

Hickenlooper: Marijuana Regulators Have Done ‘A Very Good Job’

Hickenlooper says he’s pleased with the way his state has handled voters’ wishes.

COLORADO:  When Colorado voters passed a ballot measure in 2012 legalizing marijuana for recreational use, Gov. John Hickenlooper (D) was in the minority voting no. But two years later, eight months into the legalization experiment, Hickenlooper says he’s pleased with the way his state has handled voters’ wishes. “I think [state regulators have] done a pretty Read the full article…

Colorado’s Governor Sees The Light On Marijuana Legalization

"Cannabis companies are going to find some distressed properties and get them up and running, and in many cases they will have the capital to pay whatever it takes to get space," said Underhill, adding that this allows companies with more modern facilities to charger higher rents.

COLORADO:  In 2012 John Larson, a retired high school math and science teacher, voted against I-502, the initiative that legalized marijuana in Washington. Yet last week Larson was one of the first government-licensed marijuana merchants to open a store in that state: Main Street Marijuana in Vancouver. “If people were dumb enough to vote it in, I’m all Read the full article…

Cannabis Business Summit Takes Debate Over Pot Edibles Safety Seriously

Marijuana businesspeople in Colorado are hyper-aware that their fortunes could turn on a legal or political dime at any moment.

COLORADO:  Between the hotel room antics of Maureen Dowd and a tragic pot-related tourist death and a fatal earlier this year, marijuana’s national image has taken some heavy hits recently. All of those incidents involved edibles — and like members of any industry, marijuana salespeople (medical and adult-use alike) are concerned about the effect this could have on the potential Read the full article…