Retail marijuana shops sold $22 million worth of cannabis and related products during April, an increase of about 13% from March and more than 50% from January, according to the latest tax figures released by the state. The sales...
The nation’s top law enforcement official, United States Attorney General Eric Holder, said that he is ‘cautiously optimistic’ about the retail cannabis roll-outs in Colorado and Washington in a recent interview with Huffington Post. Holder continued, “but as I...
After the financials came in for the first month of legal retail sales of recreational marijuana in Colorado, the state enjoyed a tax revenue of over $2 million. The cannabis taxes come from a 12.9 percent sales tax and a...
If three-hour lines and snow don’t discourage patrons from seeking this year’s most notable product, there isn’t much that will. And no, these lines aren’t for Black Friday sales, they are for the first legal sales of retail cannabis....
For the first time in the history of the United Sates of America, retail marijuana licenses have been issued. Colorado issued 136 retail, 178 processing, and 31 production licenses. 270 of these licenses were issued to businesses in Denver....
The cannabis industry has long been hindered by the inability to establish a legal bank account. This has driven the industry to be largely cash only, forcing medical dispensaries to figure out how to deal with large amounts of...
Retail marijuana sales are due to start in Colorado at the beginning of the year. The lack of licensed retail facilities is causing increased concerns though. Complicated regulations are binding applicants, with only 12 licensed retail facilities expected to...
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