Colorado Cannabis

By Brendan Bures. A word to states considering marijuana legalization: If you approve using the green plant, you’ll receive green back. That’s the latest lesson from Colorado, where state revenue from marijuana sales surpassed $1 billion for the first time. Since Colorado adult-use...

Recreational cannabis sales continue to disrupt medical marijuana markets, which are morphing into merged regulatory regimes — just as GreenWave Advisors founder and managing partner Matt Karnes predicted almost two years ago. The most recent sales figures from Colorado, California and...

Medical marijuana sales continue to slide in Colorado. For the first half of 2018, revenue fell 21 percent year-over-year to $165.8 million. Recreational sales rose 14 percent to $573 million. Total combined sales rose by 4 percent to reach $739 million, versus $710 million in the first half...

Two words summarize last week’s most relevant event for the cannabis industry: John Boehner. The former House speaker announced his views on cannabis had evolved and, in support of legalization, he was joining the board of directors of New York-based marijuana company Acreage Holdings. To...