Frustrated by the cash-heavy aspect of its new marijuana industry, Colorado is trying a long-shot bid to create the world’s first financial system devoted to the pot business.
A Colorado plan to set up the world’s first financial system for marijuana has cleared its first hurdle in the state Legislature, despite deep reservations from supporters that the plan will work.
If there was any doubt that the “green rush” is on in Colorado, the scene outside a marijuana industry career fair in Denver this week looked like a throwback to the Great Recession.
The marijuana industry breathed a sigh of relief Friday after federal banking regulators issued long-awaited permission for them to access basic banking services.
Food stamps for a pot brownie? It’s an urban myth in Colorado, but state lawmakers want to make sure that doesn’t happen.
Further bringing marijuana into the mainstream, Colorado voters decided Tuesday to treat the blossoming industry like other businesses by passing hefty taxes designed to raise money for schools and regulation.
Amendment 64 passed easily in the city of Denver, but the debate over implementing it is far from over. The big issue is still whether they will allow retail stores in Denver.
Colorado is facing accusations of misusing money from medical marijuana patients.
Colorado lawmakers are again debating a proposal to establish an “impaired” limit for marijuana. If passed, the bill would make drivers impaired if they test positive for five nanograms or more of THC, an ingredient in marijuana.
Driving while high is illegal in Colorado, but state lawmakers are again entering a hazy debate over how to measure whether medical marijuana patients are impaired behind the wheel.