Clean Energy Financing & Colorado’s Cannabis Industry

Cannabis cultivation in Colorado is energy-intensive. Colorado’s cannabis grow operations consume a total of ~300 gigawatt-hours of electricity per year, which is about 0.6% of Colorado’s total electricity consumption.1 In fact, grow operations accounted for around 4% of Denver’s total electricity … Read more about Clean Energy Financing & Colorado’s Cannabis Industry

MED Concludes that Transporters Cannot Collect Brokering Fees

On March 19, 2019, the Colorado Department of Revenue’s Marijuana Enforcement Division (“MED”) issued a Statement of Position in response to questions about the scope of privileges for Transporter Licenses. The questions concerned whether the holder of a Transporter License could lawfully collect … Read more about MED Concludes that Transporters Cannot Collect Brokering Fees

Denver City Council Votes on Social-Use Cannabis

Monday night, Denver City Council voted to remove the sunset provision from Initiative 300 (“I-300”), the legislation used to establish social cannabis businesses in Denver. Up until this week’s decision, social-use cannabis regulations were scheduled to expire before 2021, however city council’s … Read more about Denver City Council Votes on Social-Use Cannabis

Colorado Cannabis Sales Reach $6 Billion Since Legalization

  In a news release published last Tuesday, Colorado’s Marijuana Enforcement Division (“MED”) has announced that the state’s cannabis sales have topped $6 billion since the substance’s legalization in 2014. Using statistics from the Colorado Department of Revenue’s final sales and tax … Read more about Colorado Cannabis Sales Reach $6 Billion Since Legalization

Free Cannabis Samples for Managers in Colorado

Colorado bill 18-1259 allows both medical and recreational cultivation facilities and marijuana-infused products manufacturers to provide managers with samples of the product for free. Up to five managers per month per facility would be eligible to receive cannabis samples for the purposes of … Read more about Free Cannabis Samples for Managers in Colorado