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Colorado Marijuana Retail (198)

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The Joint Blog | March 8, 2018
 Denver Initiative Would Decriminalize Magic Mushrooms

Anthony Martinelli

A group called Colorado for Psilocybin is attempting to decriminalize the possession of psilocybin magic mushrooms in Denver.
The group is working to place the Psilocybin Decriminalization Initiative on Denvers general election ballot. The proposal would decriminalize the possession of up to two ounces of dried mushrooms, or two pounds of uncured mushrooms. Possessing more than this would be a simple citation, with the fee being up to $99 for the first offense. This would be increased by increments of $100 for subsequent offenses; the initiative clarifies that the fine would never be above $999. Im a big believer in cognitive liberty, and so whatever people decide to consume I think is up to them....
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The Cannabist | Feb 9, 2018
 Recreational marijuana sales highest per capita in Colorados southern border towns
Alicia Wallace,

Las Animas County led the state with more than $3,100 of recreational cannabis sold for every adult and child
Colorados southern border communities led the state in 2017 per-capita cannabis sales by a country mile. While the bulk of Colorados $1.09 billion in 2017 recreational marijuana sales occurred in the states population hubs of Denver and Arapahoe counties, rural Las Animas County, population 14,083, led the state with more than $3,100 of recreational cannabis sold for every adult and child. The town of Trinidad, located in Las Animas County, Colorado, as seen on March 27, 2009. RJ Sangosti, The Denver Post Las Animas County, which is on the Colorado-New Mexico border and ....
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Marijuana Policy Project | February 6, 2018
 Fourth Corner Credit Union gets conditional approval from Federal Reserve for marijuana-related banking

Omar Sacirbey
fter a 40-month battle, a Colorado credit union thats determined to serve marijuana-related companies has finally won conditional approval from the Federal Reserve to launch its business. But the Fourth Corner Credit Union will not be serving plant-touching businesses as it originally had planned to do but will instead cater to advocacy groups, charities and ancillary companies such as accountants. The Federal Reserve Bank of Kansas City informed The Fourth Corner Credit Union in a Feb. 2 letter that it would conditionally grant the Denver financial institution a so-cal....
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The Joint Blog | February 9, 2018
 Over $1.5 Billion in Legal Marijuana Sold in Colorado in 2017

Anthony Martinelli

According to data released by Colorados Department of Revenue, there was $1.51 billion in legal marijuana and marijuana products sold in 2017.
The $1.51 billion sold is an increase over the $1.3 billion sold in 2016. In 2015 there was $995 million sold, and in 2014 the first year of legal sales $683 million in marijuana was sold. According to the new data, which was released today, there was $1.09 billion in recreational marijuana sold in 2017. As for medical marijuana, licensed dispensaries sold $416 million worth. These sales resulted in roughly $250 million in new taxes for Colorado. In Washington State which legalized marijuana in the same election as Colorado at least $1.2 billion in legal marijuana was....
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The Joint Blog | February 7, 2018 by Anthony Martinelli
 WA: Committee Approves Bill to Allow Marijuana Stores to Obtain and Sell CBD Products From Outside Sources
Anthony Martinelli

Washingtons House Appropriations Committee has approved a measure that would allow marijuana outlets to use cannabidiol products CBD products obtained from sources other than state licensed producer/processors.
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The Cannabist | Feb 5, 2018
 One month after Sessions marijuana memo, where do U.S. attorneys stand on legal weed?
Bruce Kennedy and Alex Pasquariello
Its been a month since U.S. Attorney General Jeff Sessions rescinded the Cole Memo, Obama-era Department of Justice guidance on enforcement of federal law in states that legalized marijuana in some form. Sessions marijuana policy shift didnt just inject uncertainty into the legal cannabis industry it empowered the Justice Departments U.S. attorneys to enforce or ignore federal marijuana laws. U.S. attorneys are the chief federal law enforcement officers within 93 districts throughout the United States, Puerto Rico, Virgin Islands, Guam, and the Northern Mariana Islands....
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