Denver Approves Cannabis Hospitality Licenses

The city of Denver has started to approve cannabis hospitality licenses for some businesses which will soon allow for people to legally consume cannabis at their place of business.  Under the hospitality licenses, businesses cannot sell marijuana, but can allow on-site consumption of marijuana bought elsewhere. Prior to the approval … Read more

LivWell Acquired by PharmaCann

LivWell Enlightened Health with 21 dispensaries in Colorado has been acquired by PharmaCann, the nation’s largest privately held and vertically integrated cannabis company in the country.  PharmaCann has dispensaries, cultivation & processing facilities in six other states prior to the acquisition.  With this acquisition, PharmaCann will have approximately 60 dispensary … Read more

Colorado 2021 Marijuana sales $2.22 Billion

2021 Colorado marijuana sales set record with $2.22 billion.  That surpasses the previous record set in 2020 at $2.19 billion. Since marijuana became legal in Colorado, 2014, sales continue to have grown each year. Over the past eight years the total sales from cannabis in Colorado has exceeded $12 billion.  … Read more

Colorado Harvest Company Pulls Plug on Acquisition by Stem Holdings

Denver-headquartered marijuana business Colorado Harvest Co. terminated a deal in which it was to be acquired by Florida-based Stem Holdings, known as Driven by Stem. Stem Holdings was to purchase all Colorado Harvest Company’s retail, production, and delivery licenses located in both Denver and Aurora, Colorado. The deal was originally … Read more

Stem Holdings to Acquire Colorado Harvest Co.

Colorado Harvest Co. with three dispensaries in the Denver metro area has signed a letter of intent to be acquired by Stem Holdings Inc., headquarters in Boca Raton, Florida.  Stem Holdings currently owns cannabis cultivating facilities in five states along with retail licenses in California, Maryland, Massachusetts, Oklahoma, and Oregon. … Read more

Colorado Proposition 119- Yes or No

Creation of Out-of-School Education Program and Marijuana Sales Tax Increase Initiative Proposition 119 It would create the Learning Enrichment and Academic Progress Program, LEAP Program. Eligible children would include children at least five years of age and no older than 17 years who are eligible for admission to Colorado public … Read more