In its first full fiscal year post-legalization, the cannabis industry reached nearly $1 billion in sales and gained $88 million in taxes for the state.
Cannabis sales rose 40% to almost $1 billion last year
Marijuana
Nev. pot lab plants roots in Denver
Working to get its foot in the door before a change in state marijuana testing laws, a company with a Las Vegas facility is planning a $1 million lab to check for pesticides in medical marijuana.
Breathalyzer firm’s new CEO turns focus to pot testing
A Wheat Ridge company has a new president and CEO, who said much of this year will be devoted to the development of a reliable breathalyzer test for marijuana.
Pot breeder outgrows seed operation
With plans for a large grow operation and storefront, a veteran cannabis breeder is expanding into new parts of the pot business and hoping to reach markets nationwide.
Broker dives into business side of pot
With the marijuana industry’s moving-target regulations, a former developer has built a new business on brokering the deals of Denver’s cannabis companies.
Cannabis company eyes East Coast expansion
About halfway through a planned $10 million capital raise, an established marijuana seller is hoping to get in as one of Maryland’s first medical marijuana dispensaries.
Pot shop owners seeing green on Black Friday
Black Friday mania is spreading to local cannabis chains, with several retailers rolling out their own special discount deals hoping for a sizable bump in business.
Pot tainted by pesticides sparks another recall
Problems with pesticides on marijuana from a local grower have caused the recall of more than 20 concentrate products made by another Denver company.
Wedding startups say ‘I do’ to cannabis
A florist who operates cannabis-focused flower and event planning businesses is staging an expo early next year for other wedding companies that go hand-in-hand with marijuana.
Staffing startup sees opening in cannabis
A young entrepreneur moved to Denver and quickly launched a recruiting and staffing company focused on the marijuana industry. And she’s already planning moves into California and Oregon.