The cannabis industry in the U.S. has long been centered around states like Colorado and Oregon, but now, marijuana sales in Illinois and its neighboring states east of the Mississippi River are poised to rival those out west.
The U.S. cannabis market is staring down massive growth, with sales that are expected to reach $22.7 billion by 2023, including $16.8 billion in recreational sales, according to a report out Tuesday from Chicago-based cannabis research firm Brightfield Group. Political support is growing around legalization efforts, and medical programs are expanding around the country. Continue reading “East Coast Marijuana Market Could Rival Colorado’s in Coming Years”
Already known as one of the country’s marijuana capitals, Denver is a heavyweight in the hemp industry, too, and that status is on full display at the NoCo Hemp Expo this weekend.
After five years in Loveland, the NoCo Hemp Expo moved to Denver in 2019. The Crowne Plaza DIA‘s parking lot was packed and its event center bustling on Friday, March 29 — and that was just the industry-only day. The conference is open to the general public today, March 30, with over 220 hemp and CBD vendors peddling everything from hemp clothing and shoes to CBD extraction technology. Continue reading “Hemp Is Next: Colorado Wants More Than Marijuana Prominence”
New mandatory marijuana pesticide testing in Colorado is putting a financial squeeze on local cultivators to the tune of thousands of dollars in increased costs.
The added expense is the latest financial blow to hit the state’s cultivators, which are already struggling with falling wholesale prices and a glut of product. Continue reading “Mandatory Testing Costly For Colorado Marijuana Growers”
Denver dispensaries sold more than $587 million in marijuana in 2017 even as sales in shops in other parts of the state continue to grow.
Retail sales totaled $377 million in Denver, according to the city’s annual report on the marijuana industry released Thursday. The city’s revenue from all marijuana sales in 2017 grew to $44 million, a 20 percent increase from the previous year. Continue reading “Denver marijuana sales reach record high of $587 million, sales across state continue to rise”
This spring, 16 state patrol officers from Colorado and Wyoming took a couple days off their usual work schedule to do something special. They assembled in a hotel conference room in Denver. As instructed, they wore street clothes for their first assignment: going shopping at nearby marijuana dispensaries. Continue reading “Despite Popularity, Scientists Are Still Looking for Reliable Marijuana DUI Test”
Colorado is moving to curb the nation’s most generous marijuana allowance for medical patients growing their own plants.
The state House gave preliminary approval Friday to a bill limiting marijuana patients 16 plants in their homes, down from 99. Continue reading “Colorado Drops Number of Marijuana Plants Allowed for Patients From 99 to 16”
Teen marijuana use fell sharply in Colorado in the years 2014 and 2015, after the opening of that state’s recreational marijuana market, new federal survey data show. Continue reading “Marijuana Use Down for Teens in Colorado Since Legalization”
Hoping to preserve its marijuana law under the next president, Colorado is planning a slate of legislation designed to crack down on pot that is grown legally but then sold on the black market. Continue reading “Colorado Looks to Crackdown on Legally Grown Weed Sold on the Black Market”