Welcome to Business Den’s cannabis coverage, your one-stop shop for the latest news and stories about the cannabis industry in Denver. Our team of skilled writers and reporters are dedicated to bringing you the most up-to-date information on everything from local regulations and policy changes to new products and industry trends.
Subscribe to Business Den today and stay ahead of the curve.
July’s medical marijuana sales only reached a little over $18 million – the lowest number ever recorded since January 2014.
“Prices have fallen to the lowest I’ve seen in 12 years,” said owner John Fritzel.. “Numbers that are impossible to overcome.”
A Cap Hill inn, a private club in RiNo, and a South Broadway lounge are the first to seek the city’s permission to allow cannabis consumption on site.
An initiative to increase Denver’s marijuana tax to provide funding for pandemic research also failed.
The city will only grant transportation licenses to companies with owners who were charged with cannabis-related crimes or are in poor areas for the next three years.
“We don’t want to make this a regulatory burden, but we need to make these places a harder target,” said a Denver spokesman.
Social Cannabis owner Daniel Morgan was busted with pot in his 20s. Now he could own the city’s first new dispensary since 2016.
The recipient and co-owner of Doobba was convicted of having marijuana about 30 years ago in Missouri. Now, he can deliver the product legally.
But the dispensary can’t offer the service until it hires a licensed cannabis transportation company owned by a “social equity applicant.”
Mile High Medical Cannabis filed a suit defending its lease against a competitor, claiming it conspired with the sublandlords it is already suing over a rent hike.