Colorado lawmakers want to stop employers from firing people for using weed in their personal time

Two Colorado lawmakers want to pass a law to protect workers who use marijuana when they’re off the clock. House Rep. Jevon Melton, D-Aurora, has introduced a bill to prevent businesses from firing employees for partaking in legal activities on their own time — even if the activities are only…

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Why are Cannabis Companies so Bad at Forecasting Their Numbers?

Are Marijuana Companies “Bad at forecasting” as Some Analysts Say? Chief Executive Sebastien St.-Louis, a Cannabis Industry Exec recently said, “If you ever hear me say something and not deliver, you have to call me out.” Apparently, Bill Kirk (an analyst at MKM Partners) did just that, as reported on…

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“The boom is over”: Colorado cannabis growers hope volatile wholesale market is stabilizing

Entrepreneurs who broke into Colorado’s cannabis industry at the ground level — the growers — have endured economic whiplash over the last two years as the market for wholesale flower experienced volatile swings in price. The average market rate slumped to a low of $ 759 per pound in 2018…

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Denver dispensary burglaries hit a 3-year high in 2019

Police are investigating a string of armed robberies of metro-area dispensaries in December as the number of break-ins at Denver marijuana businesses hit a three-year high in 2019. Dispensaries in the city reported five robberies and 122 burglaries last year, according to the Denver Police Department. Both offenses increased slightly…

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Perlmutter, House co-sponsors push Senate for swift action on marijuana banking bill

U.S. Rep. Ed Perlmutter and three other congressmen who’ve been pushing to give cannabis businesses access to banking services expressed hope Tuesday their bill would move through the Senate soon. In a letter sent to Mike Crapo, chairman of the Senate Committee on Banking, Housing and Urban Affairs, the Arvada…

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