Regulated recreational marijuana stores are coming to untapped Colorado markets after pro-marijuana ballot wins last November. Voters in eight Colorado municipalities voted in last November’s election to allow recreational marijuana sales in the …
Colorado Medical Cannabis Business & Marijuana Legal News
SPAC to acquire four marijuana operations in $210 million deal
New York-based Greenrose Acquisition Corp., a special purpose acquisition company, entered into definitive agreements to acquire four marijuana businesses in a deal initially valued at $210 million. The companies to be acquired are Futureworks (doing b…
Colorado cannabis sales top $10 billion since program launch
The Colorado marijuana market hit a new benchmark – $10 billion in sales – since the state started selling licensed recreational cannabis in January 2014.
Colorado cannabis sales top $10 billion since program launch is a post from: Marijuana Business D…
How to prepare outdoor marijuana and hemp fields for growing season
As outdoor marijuana or hemp growers ready to sow seeds or plant clones or seedlings in the coming weeks, it’s important to prepare the soil via proper testing, conditioning and preparation.
How to prepare outdoor marijuana and hemp fields for growing …
Schwazze completes $72.3M purchase of 13 Colorado cannabis stores
Schwazze, a Denver-based vertically integrated cannabis operator, said it has acquired the five remaining Star Buds retail outlets in Colorado for $72.3 million, including $27.5 million in cash. With the acquisition, Schwazze, formerly Medicine Man Tec…
CBD producer Charlotte’s Web plans marijuana entry with $8M acquisition
(A version of this story first appeared at Hemp Industry Daily.) Charlotte’s Web Holdings, a Colorado-based, hemp-derived CBD leader, said it signed a five-year purchase agreement option to acquire a marijuana company for $8 million. The marijuan…
Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight
The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that state-legal cannabis businesses can be investigated by the Internal Revenue Service for potential violations of Section 280E of the tax code. It is believe…
Transforming the cannabis concentrates market
A decade ago, I was spearheading company growth for Atlas Snowshoes, which had just invented and launched a modern snowshoe.
Transforming the cannabis concentrates market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness ne…
Retail prices for recreational marijuana flower rise in response to record demand amid pandemic
The average retail price for smokable recreational marijuana products in four Western states continued to increase throughout the coronavirus pandemic, thanks to record demand. Retail flower prices in California, Colorado, Nevada and Washington state c…
Marijuana grow facility designer Urban-Gro goes public on Nasdaq
Marijuana cultivation facility design and engineering firm Urban-Gro priced an initial public offering on the Nasdaq exchange to raise $54 million before expenses. The IPO put up 5.4 million shares of the Lafayette, Colorado-based company at a price of…