Author: Alicia Wallace
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New Pew poll: Support for marijuana legalization continues to rise among Americans
Marijuana legalization continues to be viewed more favorably by Americans, buoyed by substantial support from younger adults, according to the latest survey from the Pew Research Center. Overall, 61 percent of Americans surveyed said they support legalization, a 4-percentage-point increase from last year, according to a Pew Research Center survey conducted in October 2017 of 1,504 adults.…
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Colorado’s 2017 marijuana sales reach $1 billion in just eight months
Legal marijuana is a bona fide billion-dollar industry in Colorado. And it’s hitting the mark faster than ever. In 2017, Colorado eclipsed $1 billion in marijuana sales in eight months; in 2016, it took 10 months. Colorado’s marijuana retailers logged upward of $1.02 billion in collective medical and recreational sales through August, according to The Cannabist’s…
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New Colorado marijuana safety regulations set to take effect Oct. 1
Out with the gummy bears, in with the squares … and circles, and triangles and diamonds. On Oct. 1, Colorado no longer will allow marijuana edibles shaped like humans, animals, fruits or cartoons — forms that could be confused with candy — and the state also will require more prominently displayed potency information on the…
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Colorado recreational marijuana sales hit $100M in one month for the first time
The trend of summer highs for Colorado’s cannabis industry continued in July as monthly recreational sales surpassed the $100 million mark for the first time since legalization. The Cannabist’s calculations of the latest Colorado marijuana tax data show that the state’s cannabis shops sold nearly $137 million in marijuana products — $101.1 million in adult-use…
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Monthly marijuana sales of $100 million the ‘new norm’ in Colorado
Chalk up another milestone month for Colorado cannabis sales. The $127.7 million worth of flower, edibles and concentrates purchased in May from the state’s marijuana shops didn’t set a record for monthly sales, though. That honor still goes to March of this year, when sales totaled $131.7 million, according to The Cannabist’s extrapolations of Colorado marijuana…
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How one three-letter word in new Colorado law will make marijuana enforcement harder
Coordinating conjunctions matter in how Colorado’s cannabis laws should function. An “and” instead of an “or” nearly killed a bid to bolster Colorado’s role in medical marijuana research. The language lapse did, however, manage to fling a monkey wrench in how the state enforces cannabis pesticide regulations. “(Colorado’s Marijuana Enforcement Division) will be unable to…
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Colorado marijuana sales in April 2017 top $125 million
Colorado’s marijuana industry notched its 11th consecutive $100 million month in April. But the month in which cannabis enthusiasts celebrate the “high holiday” of 4/20 fell short of setting a monthly high for the state. The state’s pot shops raked in $125.2 million in medical and recreational marijuana sales of flower, edibles and concentrates during April,…
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After years of lobbying by veterans, Colorado adds PTSD as medical marijuana condition
Post-traumatic stress disorder is now a qualifying condition for doctor-recommended medical marijuana in Colorado. Gov. John Hickenlooper on Monday signed Senate Bill 17 into law. The bill opens the doors for Colorado residents to receive a doctor’s OK to use medical marijuana in the treatment of PTSD symptoms. It’s the first new qualifying condition added…
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Colorado marijuana sales top $131M, set record in March 2017
The Colorado cannabis industry’s unbridled growth hasn’t waned — in fact, it’s still setting records. The state’s licensed marijuana shops captured nearly $132 million of recreational and medical cannabis sales in March, according to The Cannabist’s extrapolations of state sales tax data made public Tuesday. The monthly sales haul of $131.7 million sets a new…
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Report: America’s marijuana industry headed for $24 billion by 2025
The latest gaze into the crystal ball puts the U.S. marijuana industry north of $24 billion by 2025. New Frontier Data, a cannabis market research and analytics firm, gave The Cannabist a first look at its 2017 annual report, which aims to track the long-term potential for the industry. The report acknowledges external factors such…