In the three months that medical marijuana has been legal to purchase in the District of Columbia, sales have yet to advance beyond a trickle. The city’s pioneering dispensaries say they are losing money; doctors remain fearful to write prescriptions; and patients with HIV or cancer who may legally obtain the drug say they have […]
Tag: Sales
Colorado Pot Sales: No More Than Yes
Marijuana may be legal in Colorado, but it appears as if it may be awhile before recreational cannabis business and sales will be welcomed across the Centennial State with open arms and a smoking bowl. That is because, as of yesterday, time is up for Colorado’s 271 … High Times
FusionPharm Expands Production and Sales Facility
DENVER, Colo. — FusionPharm, Inc, FSPM, the Denver based manufacturer of the PharmPods™ cultivation system today announced that it has secured a new manufacturing and sales center facility in the Denver area. The new facility, which will house executive offices, a sales center complete with demo containers and approximately 6,000 square feet of manufacturing, will allow the […]
Denver Auditor Suggests 3.5 Percent Tax for Marijuana Sales
DENVER, Colo. — Denver Auditor Dennis Gallagher disagrees with Mayor Michael Hancock’s recreational marijuana tax target, arguing the city should seek a starting tax rate of 3.5 percent instead of the mayor’s suggested 5 percent tax rate. Medical Marijuana News – THCbiz
Colorado Localities Make Own Rules On MJ Sales
As Colorado moves closer to issuing temporary regulations on the sale of marijuana, now legal in small quantities here, some cities and towns are not waiting for the new rules to take effect. More than a dozen municipalities across the state have decided to enact moratoriums on retail marijuana sales, restricting them for now or […]
Colorado to Become 1st State to Tax Recreational Marijuana Sales
Colorado Legislature Passes First Bills In History To Establish a Regulated Marijuana Market for Adults DENVER – The Colorado state legislature passed the first bills in history Wednesday to establish a regulated marijuana market for adults. Medical Marijuana News – THCbiz
Colorado May Tax Marijuana Sales 40% as Lawmakers Design Rules
Bloomberg.comBy Jennifer Oldham Last week Colorado lawmakers set out to create a framework for how the state would become the first in the nation to regulate and tax recreational marijuana sales, including combined levies as high as 40 percent on the newly legal product. Medical Marijuana News – THCbiz
Massachusetts Cannabis Sales Are Months Away
The Boston GlobeBy Kay Lazar Regulations for the medical use of marijuana in Massachusetts are scheduled to be adopted next month, but even then, many key details will remain unresolved, making it likely that dispensaries will not open for many months, a top state health official said Wednesday. Medical Marijuana News – THCbiz