Global Cannabis Sales Grow 48% To $15 Billion In 2019

global-economic-developing

COLORADO: Global cannabis sales rose 48% to $15 billion in 2019, driven by growth in sales in Canada and seven U.S. states that saw sales more than double. Continued consumer adoption in maturing markets such as Colorado and new adult-use markets including Massachusetts contributed to 45% growth in adult-use sales to $8.9 billion. However, medical-only states Read the full article…

M&A News: Cannabis One & ONE Cannabis Unite

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Cannabis’ “House of Brands” and U.S. Cannabis Dispensary Franchisor Form a Definitive Arrangement Agreement to Combine Businesses COLORADO: Cannabis One Holdings and ONE Cannabis Group announced that they have entered into a definitive arrangement agreement to combine businesses. Both are cannabis leaders in their own right, their combined prowess creates a strong, national force among cannabis Read the full article…

National Expungement Week (N.E.W.) Returns September 21-28, 2019

National Expungement Week

NEW YORK:  The second annual National Expungement Week (N.E.W) will be held from September 21-28, 2019, with events in 30 cities throughout the country. A coalition of more than three dozen organizations working at the intersection of the cannabis industry, racial equity, and reparative justice, led by Equity First Alliance and Cage-Free Repair, conceived the week  Read the full article…

7th Annual Mother’s High Tea – Tea Along The Rio de la Plata South America

Mothers High Tea 2019

COLORADO:  4 & 20 Blackbirds presents 7th Annual Mother’s High Tea® – Tea Along the Rio de la Plata South America, taking place at McNichols Building on Friday September 20, 2019, from 1pm to 4pm in Denver, featuring an inspiring speaker program, activities, nonprofit education and tea menu. Mother’s High Tea® is a public, non-consumption event Read the full article…

Colorado’s MedPharm Clears Significant DEA Hurdle For Federal Cannabis Research License

MedPharm researcher

COLORADO: MedPharm Research, the leader in cannabis research and formulation development, was notified by the Drug Enforcement Administration (DEA) that it had been selected to move forward as one of the first applicants to be granted a license to grow federally legal cannabis under the terms of a new policy statement issued today in the Federal Read the full article…

First US Clinical Study Assessing Hemp-Derived Cannabinoid Supplementation In Recovery From Traumatic Brain Injury Begins In Colorado

medical marijuana

COLORADO:  The Flowering HOPE Foundation and Clover Leaf University have just announced sponsorship and collaboration on the first US clinical study to be approved to investigate plant-derived cannabinoid supplements in recovery from brain injury.  The study will analyze quantitative EEG brain activity and a cannabinoid-sensitive salivary biomarker in 40 subjects with mild traumatic brain injury and controls who currently Read the full article…

International Hemp Oil Company, Functional Remedies, Acquires New Lab, Increasing Production Capacity Ten-Fold

International Hemp Oil

COLORADO: Functional Remedies, vertically integrated manufacturer of whole-plant hemp oil products, announced a major expansion of its lab and production facility from 2,000 square feet to a new 25,000-square-foot facility located in Louisville, CO to meet the rapidly growing demand for its products across the U.S. and globally. Additionally, Functional Remedies recently moved into new 4,000-square-foot Read the full article…

PanXchange Launches Industrial Hemp Pricing

PanXchange

COLORADO: PanXchange, a Denver-based OTC physical commodity exchange and price reporting provider, today successfully launched its industrial hemp indices, becoming the first company to offer such pricing data to the market. PanXchange now delivers spot market pricing to its members, publishing on a monthly basis, and plans to launch trading capabilities in Q3 of this Read the full article…

Colorado’s Legal Cannabis Industry: By The Numbers

Colorado Cannabis Flag

COLORADO: How big is Colorado’s legal cannabis industry? According to the Colorado Department of Revenue Enforcement Division, there are 675 medical marijuana cultivators supplying 239 infused product manufacturers, with 735 cultivators supplying 549 retail stores in Colorado. Here are the official numbers as of January 2, 2019. Source: MED Resources & Statistics 

Scott Durrah, First African-American Licensed Dispensary Owner, To Run For Denver City Council.

scottdurrah

COLORADO: Scott Durrah, owner of Simply Pure Dispensary and longtime Denver resident, has announced his candidacy for NW Denver, District 1 City Council.  With the rise of politically diverse voices emerging across the country, Durrah, a Marine veteran, long-time entrepreneur and activist who has campaigned for many officials from President Obama to Colorado’s recently-elected and newly Read the full article…