Bust uncovers 1,500 pounds of marijuana, worth estimated $4.5 million, in Montrose County

A massive marijuana grow with about 1,500 pounds of plants worth an estimated $ 4.5 million was busted on the Western slope over the weekend. A Montrose County Sheriff’s deputy on Friday serving a warrant for overdue property taxes in the 69300 block of Orion Trail, east of Montrose, saw…

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Denver marijuana sales reach record high of $587 million, sales across state continue to rise

Denver dispensaries sold more than $ 587 million in marijuana in 2017 even as sales in shops in other parts of the state continue to grow. Retail sales totaled $ 377 million in Denver, according to the city’s annual report on the marijuana industry released Thursday. The city’s revenue from all marijuana…

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BDS Analytics, a Boulder-based cannabis data leader, lands $3.5 million investment

Boulder’s BDS Analytics, a leading data repository for the cannabis industry, just landed a cash infusion to fuel its ambitions of national and international expansion. BDS received $ 3.5 million to build up its sales and development workforce in Michigan, New England and Canada -places that have legalized recreational marijuana…

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Trump’s personal attorney loaned $26 million to taxi mogul in weed biz, according to documents

NEW YORK — President Donald Trump’s personal attorney, whose business dealings are being investigated by the FBI, and the lawyer’s father-in-law have lent $ 26 million in recent years to a taxi mogul who is shifting into the legalized marijuana industry, according to documents obtained by The Associated Press.Semyon “Sam”…

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California cannabis company receives historic $1 million insurance payout following fire

It’s believed to be the largest insurance award ever given to a legal marijuana business. Industry insiders also see the event as another indicator of how rapidly the legal cannabis industry has matured, and how much corporate America’s “take” on cannabis companies has changed. Earlier this month the Santa Barbara…

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