HB-1090 Implementation on Schedule

As expected, on August 1, the Colorado Marijuana Enforcement Division (the “MED”) adopted emergency rules (the “August Emergency Rules”) to begin implementing HB19-1090,  “Concerning Measures to Allow Greater Investment Flexibility in Marijuana Businesses” (the “Bill”). The Bill permits certain … Read more about HB-1090 Implementation on Schedule

Securing New Colorado Cannabis Industry Investment

In late May, Colorado Gov. Jared Polis signed the Publicly Licensed Marijuana Companies bill (HB-1090), which removed the previous ban preventing publicly traded corporations from obtaining a cannabis license (you can read our summary of it here). Passed with the intention of expanding access to the … Read more about Securing New Colorado Cannabis Industry Investment

Carl’s Jr. To Release CBD-Infused Cheeseburger

This week, for one time only, fast-food chain Carl’s Jr. will be selling the first cannabidiol (“CBD”) infused cheeseburger. On Saturday, April 20, the chain will offer the "Rocky Mountain High Cheese Burger Delight" CBD burger at one location in Denver, priced at $4.20. The burger contains of two … Read more about Carl’s Jr. To Release CBD-Infused Cheeseburger

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

Gov. Jared Polis Signs Colorado Digital Token Act

Last week, Colorado Gov. Jared Polis signed the Colorado Digital Token Act (“SB19-023”), which is expected to bring more attention to Colorado’s cryptocurrency market by addressing digital tokens within the existing framework of securities law. A security, while having a notoriously flexible … Read more about Gov. Jared Polis Signs Colorado Digital Token Act

MED Issues Statement on Signage Requirements

Thursday, February 21, 2019, the Colorado Department of Revenue Marijuana Enforcement Division (“MED”) released an official Statement of Position regarding signage requirements for access areas within cultivation facilities. Signed by James Burack, the Division’s director, the statement was released … Read more about MED Issues Statement on Signage Requirements

Psilocybin Mushroom Initiative Makes Denver 2019 Ballot

Denver will be preparing for another major drug debate, as officials announced last Friday that the effort to decriminalize psilocybin mushroom has received enough signatures to make the upcoming May ballot. Local advocacy group, Decriminalize Denver, received over 5,000 signatures for the … Read more about Psilocybin Mushroom Initiative Makes Denver 2019 Ballot