Big Changes (and Money) Coming to Colorado’s Marijuana Industry

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There is even the potential for a bill that would help legalize some aspects of the cannabis industry on the federal level. With that said, 2019 is looking to be a positive year throughout many cannabis-growing communities. Here is a closer look at what to expect in 2019 for cannabis. Colorado – Change is Coming The first significant change.

Medicinal and recreational marijuana laws are. When the state sees how much money is coming in, the laws may change and further expansion may occur.” Littleton said the opposite has been true in.

CO Marijuana Info | Colorado Marijuana News and Info CO Marijuana Dispensaries, Doctors, Reviews, Classifieds, Forum, News and more. Colorado Gov. Will Fight Feds to Keep His State’s Marijuana Industry.. Big Changes (and Money) Coming to Colorado’s Marijuana Industry. April 9, 2019.

Colorado voters enshrined recreational cannabis in the state constitution in 2012, with the first stores opening in 2014. Together with legal medicinal marijuana, sales burgeoned to $1.3 billion.

 · Where Does Colorado’s Marijuana Money Go? Colorado was the first state to legalize marijuana and its tax has brought in significant revenue for the state. But some cities want to repeal it.

 · After 5 Months of Sales, Colorado Sees the Downside of a Legal High. though it is impossible to say whether changes to marijuana laws played.

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 · State leaders and the cannabis industry responded Saturday to the decision by the Department of Justice to end a policy of not interfering with legal marijuana laws across the country.

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8 days ago · Some states that have legalized marijuana for recreational use have experienced a surge in the drug’s black market activity. In particular, Colorado has become a haven for underground marijuana.

What else has changed? The state’s once-tightly regulated medical marijuana industry is now a tighter regulated retail industry. The medical marijuana regulatory framework enforced by the Colorado Department of Revenue was refined to tax and regulate the retail market. As of October, Colorado brought in more than millionin marijuana taxes.

While many California residents were originally happy when Proposition 64, "The Adult Use of Marijuana Act," passed back in November, many medical patients are now left questioning how the upcoming changes to California’s legal cannabis industry are going to affect their treatment plan..