Revenue From Marijuana Sales Continues To Climb In Colorado

[Source: TheWeedBlog]

Data was released this week for marijuana sales numbers in Colorado from the month of April. As expected, sales increased in the month of April over previous months. The increase is likely due to the fact that April 20th saw an enormous influx of recreational consumers to Colorado for the marijuana holiday, and dispensaries sold more medical marijuana for the holiday as well.

In April, Colorado medical marijuana dispensaries sold roughly $32 million worth of medical marijuana. Revenue from recreational sales was roughly $22 million, which is a 17% increase from March. Roughly $14 million was brought in during February and January for recreational sales. This is great news for the State of Colorado. So far, Colorado has generated almost $18 million dollars in taxes and fees from marijuana since January.


READ HERE: Revenue From Marijuana Sales Continues To Climb In Colorado

Colorado Law Sets up Marijuana Banks; Feds Must OK

[Source: ABC News]

Seeking to move marijuana businesses away from cash-only operations, Gov. John Hickenlooper signed legislation Friday that tries to establish the world's first financial system for the newly legal industry in Colorado.

The legislation seeks to form a network of uninsured cooperatives designed to give pot businesses a way to access basic banking services like checking. But approval from the Federal Reserve remains a hurdle.

Out of fear of violating federal law, banks don't work with marijuana businesses. That has led to concerns that the burgeoning marijuana industry could be a target for robberies.

Mike Elliott, executive director of the Marijuana Industry Group, said a member of his organization was robbed a few days ago. The cash-only model has become stressful for businesses and their employees, he said.

"We don't a need a vault. What we need is checking," he said. "We're looking for a way to take cash out of the businesses.

READ MORE HERE: Colorado Law Sets up Marijuana Banks; Feds Must OK

Cannabis Time Capsule, 1888: Medical-pot candy predicted 126 years ago?

[Source: Denver Westword Blog]

Leadville in the 1880s was a tough town populated by mining tycoons, the poor miners that made those tycoons rich and the businesses that supported the industry. Okay, there were also a bunch of bunch of thieves, cheats, hookers, gamblers, drunks, visiting opera singers and (apparently) drug addicts around, too.

Our story this week finds us at the intersection of two such groups almost 126 years ago to the day, with a pharmacy at the center of the action.

Taylor's Drug Store was located in the Vendome Hotel Building -- now known as the Tabor Grand. At the time, the town was booming and owner George Taylor was seeing all types in his store. Apparently, a reporter caught up with him one morning when he was on a tear about them.

"You talk about cranks," Taylor told the reporter, who added that "the druggist has not only his full share but a great deal more in the way of idiots who bother him."

More reading here: Cannabis Time Capsule

"A great place to shop! " Review @ Weedmaps - GonjaKween420

 
[Source: GonjaKween420 - Weedmaps]

North Boulder Wellness Center

"This place used to be my one stop shop! I come all the way from Ft. Collins to purchase here, untill the price for flower went up. I guess i cant complain too much because its always QUALITY product & im NEVER disapointed! Their flower is FIRE & the staff is AMAZING! All & all wish i loved closer so price wasnt a issue! You guys rock"

NoBo Wellness thanks all of our patients and clients that give us reviews on our product and work place environment. North Boulder Wellness Center thanks everyone for your support and comments. We strive to provide the highest quality medical marijuana for our patients and the community of Boulder. Stop by and see what NoBo is about, we always have specials happening and buds available!!!  

Legal marijuana created thousands of jobs in Colorado

 
[Source: Vox.com]

Marijuana dispensaries characterize it as a bit of a gold rush: the sudden swarm of thousands of people from in and out of Colorado trying to get into the state's new recreational marijuana industry.

"Everybody's expanding right now," Elan Nelson, business consultant for Medicine Man, one of the largest marijuana shops in Denver. "Really, we're just trying to keep up with demand."

Since retail sales of recreational marijuana began in January, the state has seen a small boom in jobs. The Marijuana Industry Group (MIG) estimates there are currently about 10,000 people directly involved with marijuana, with 1,000 to 2,000 joining in the past few months and more expected as high demand for recreational marijuana continues. MIG says it's hard to separate how many of those 10,000 jobs are tied to recreational marijuana and which are exclusively on the medical side, but at least a few thousand jobs came during and after the preparation and start of recreational sales.

Entire read here: Legal marijuana created thousands of jobs in Colorado

"REALLY IMPRESSED" by Eyeonyou - Weedmaps Review

[Source: eyeonyou - May 1, 2014]

North Boulder Wellness Center

"This is a truly righteous little shop with smart service and wonderful product, many strains that are hard to find. When I'm out here vacationing this is where I most like to procure my meds, granted I haven't been to many labs hereabouts but this is obviously 5 solid stars across the board."

NoBo Wellness thanks all of our patients and clients that give us reviews on our product and work place environment. North Boulder Wellness Center thanks everyone for your support and comments. We strive to provide the highest quality medical marijuana for our patients and the community of Boulder. Stop by and see what NoBo is about, we always have specials happening and buds available!!!  

WARNING: Will it ever become SUMMER???

Where is our WARM weather!?!?! Do we need to summon the "Lord of Sunshine" to beam down on us from above his wonderful rays of heat (no worries it's coming...very soon)!!! Don't frown let us make your day with our daily deal. $1 GRAM of any of of delicious buds with the purchase of a quarter. We always have the best deals in town...so you better tell somebody.

We hope to see ya!!!

Colorado Lawmakers Shoot Down Cannabis Banking Legislation…For Now

[Source: International Cannabis Business Conference]

Right now as you are reading this article, chances are someone in Colorado is making a legal marijuana purchase. The transaction involves cash, the amount of which likely ranges between $20 to multiple hundreds of dollars. When you compile all of these cash transactions throughout the day, the pile of money that results is sizable. For some recreational or medical marijuana stores in Colorado, the pile is so large that they are having trouble finding a place to keep it, Since federal banking laws are hazy at best when it comes to marijuana businesses. In related news, safe and vault sales are on the rise in Colorado.

Large piles of cash lying around can pose some public safety issues, as they are magnets for robbers. This is something that non-marijuana businesses haven’t had to deal with since the invention of armored transport (something else that marijuana businesses can’t use). Colorado lawmakers were trying to change that problem, but efforts were squashed this week.

Read entire article here: Colorado Lawmakers Shoot Down Cannabis Banking

Hemp expansion sails through Colorado Senate

[Source: DenverPost]

A Colorado bill to expand industrial hemp production has sails through the state Senate and now heads to the House. 

Senators voted 35-0 Wednesday to expand the number and size of farms growing hemp, marijuana's non-intoxicating cousin.

The measure would allow year-round hemp cultivation in greenhouses and strike a 10-acre limit on hemp for research and development.

Colorado just opened applications for hemp cultivation in march, with applications accepted until May. Agriculture officials say there is strong interest and that industrial hemp research and production should be expanded.

READ MORE:  Hemp expansion sails through Colorado Senate

Pot Taxes - Colorado nears decision on spending

[Source: DenverPost]

Colorado budget-writers are nearing a decision on how new marijuana taxes should be spent.
The Joint Budget Committee is expected to approve a spending proposal Monday that involves saving most of the recreational marijuana tax money. However, some would be spent on youth drug-use prevention and education.

Monday's vote is just the beginning of a vigorous fight over how the money should be spent. The full Legislature must agree to the JBC's proposal, and already some are sniping over spending the marijuana money in other ways.

READ MORE: Pot Taxes - Colorado nears decision on spending 

Colorado slows medical marijuana crackdown

 

[Source: Kristen Wyatt Associated Press]

Colorado appears to be giving up on its effort to crack down on medical marijuana growers who are using a legal loophole to grow high numbers of pot plants without the kind of oversight faced by commercial growers. 

The Colorado Department of Health and Environment said in a statement Monday that it was reviewing responses to letters it sent earlier this month to about 2,300 doctors who have recommended medical marijuana. The letters sought medical justification for recommending more than six plants to any patient.

Colorado's state constitution allows medical marijuana patients up to six plants, though doctors can give permission for more plants. The constitution also allows patients to designate a "caregiver" to grow the pot on their behalf. Colorado has about 3,300 designated caregivers, registered under a model that wasn't affected by the passage of recreational pot in 2012.

READ MORE: Colorado slows medical marijuana crackdown

Tens of thousands celebrate marijuana holiday 4/20 across US

[Source: Fox News]

DENVER –  Tens of thousands of revelers raised joints, pipes and vaporizer devices to the sky Sunday at a central Denver park in a defiant toast to the April 20 pot holiday, a once-underground celebration that stepped into the mainstream in the first state in the nation to legalize recreational marijuana.

The 4:20 p.m. smoke-out in the shadow of the Colorado capitol was the capstone of an Easter weekend dedicated to cannabis in states across the country. Although it is still against the law to publicly smoke marijuana in Colorado, police only reported 63 citations or arrests on Sunday, 47 for marijuana consumption.

"It feels good not to be persecuted anymore," said Joe Garramone, exultantly smoking a joint while his 3-year-old daughter played on a vast lawn crowded with fellow smokers.

The Garramone family came from Hawaii, among the tens of thousands who crowded into various cannabis-themed extravaganzas, from a marijuana industry expo called the Cannabis Cup at a trade center north of downtown to 4/20-themed concerts at the legendary Red Rocks Amphitheater. Acts included Slightly Stoopid and Snoop Dogg.

READ ARTICLE HERE: Tens of thousands celebrate marijuana holiday 4/20 across US

Cannabis Cup - Denver, CO - 4/19 &4/20

[Source: Cannabis Cup - Denver]

In 2014, HIGH TIMES will return to the Mile High City for our fourth event at the Denver Mart. Our first two events in Denver were Medical Cannabis Cups, restricted to medical patients only. But Colorado voters legalized adult, recreational use of marijuana in the 2012 election, which resulted in our most successful Cannabis Cup ever. We now host the US Cannabis Cup, an event open to all adults.

New this year is the Cannabis Freedom Trail! Visit participating pot shops, sample the strain they have entered, then vote on Sunday for your fave. The shop with the most votes will be awarded the People's Cup.

Please note that only those 18 and over with ID may attend the event, 21 and over with ID to enter the smoking area. Those 18 and over with a Colorado medical card will also be able to enter the smoking area.

Doors open at 11AM both Saturday and Sunday. 

North Boulder Wellness will have our booth moving and shaking for both event days, so come over and wee what we have available!!!
 

GET ALL INFO HERE:  Canabis Cup Denver - Main Information

 

IT's FRIDAY and we got the "GREENS"

 

We may not have the BACON, but we got the GREENS!!!!

TGIF, soooo get over to your favorite medical marijuana dispensary in BOULDER = North Boulder Wellness. The special on the board today reads as "$1 joints (limit 2) and everything weighed heavy of you favorite greens!Come grab yourself a weekend treat and smile!

FYI - Cannabis Cup in Denver is next weekend 4/19 & 4/20. We will be in full effect for both days so please come and support and stop by our booth to see what;s cooking!!!!

 

 

Cannabis Cup Time in Colorado

[Source:Inransit, NY Times]

 

With Colorado’s recent legalization of the recreational use of marijuana, ticket sales for Denver’s fifth annual Cannabis Cup this month are expected to double, according to event organizers.

The roving trade show, sponsored by High Times magazine, has already sold around 25,000 tickets to its Denver event, Dan Skye, the magazine’s editorial director and a spokesman for the show, said on the telephone. That’s almost 10,000 more than last year, Mr. Skye said, with 30,000 visitors expected in total over the weekend, April 19 and 20.

In fact, the event has grown so large, organizers were prompted to change venues from the Exdo Event Center to Denver Mart, where there will be plenty of outdoor space for, well, sampling.

Booths lining the outside recreation area will represent around 250 dispensaries, growers and pot shops, with lots of merchandise to be tested by those 21 and older, and those 18 and older with a medical use card. (WE WILL HAVE BOOTH SET UP on BOTH DAYS..SO stop by and see what we having cooking)

READ MORE HERE: CANNABIS CUP COLORADO

VOTE NOW - Best of Boulder!!!

 Show SOME NOBO LOVE!!! Don't forget to vote for Best of Boulder! You can vote for North Boulder Wellness as your favorite MMJ dispensary! So what are you waiting for it is only a POINT and CLICK away to vote. We appreciate all the loyalty and support!

VOTE HERE: http://bit.ly/bestofboulder2014