Colorado Retail Marijuana Sales Finally Beat Medical Sales
Sales of legal retail marijuana have topped sales of medical marijuana in Colorado for the first time since the state’s recreational pot shops opened their doors on Jan. 1, according to tax figures released by the Colorado Department of Revenue. During the month of July, the state received $838,711 from a 2.9% tax on medical marijuana, meaning that patients spent an estimated $28.9 million at dispensaries. The state meanwhile raked in $2.97 million from a 10% sales tax on retail marijuana, putting those sales at about $29.7 million, according to calculations by the Cannabist. Though that amounts to a less than $1 million gap between retail and medical sales, this is a small victory for champions of legalization who have argued that the experiment will be profitable for the state, as revenues have lagged behind some expectations. If that trend holds for the entire year, it will present state officials with a challenge: How to prod a portion of those medical marijuana users into the retail market where they almost certainly belong. Medical marijuana privileges should be confined to genuine patients, particularly now that the retail option exists, and not to those merely seeking a break on price because the taxes are lower. For the legalization experiment to be a success, it needs to be profitable for the state and lure buyers from the black market, a migration that should be reflected in sales figures. Tvert says that prices of retail marijuana, currently around $35 for 1/8 ounce, are far from finalized. Because there is only data about the first six months of sales in an unprecedented market, conclusions about success or failure are impossible to draw. If retail sales continue to increase, while medical marijuana sales hold steady, expectations of a windfall from legal pot are less likely to go up in smoke.
Netflix Orders Marijuana Comedy Series Starring Kathy Bates
TV, making a 20 episode series order for the show that has the veteran skills of Chuck Lorre and David Javerbaum at the helm. Disjointed is a stoner comedy based around an L.A. cannabis dispensary. The excellent Kathy Bates will take the lead role as the store owner, managing a group of constantly high employees -undoubtedly the source for ensuing dope centrist humor. Deadline reports that Bates’ character is a long-time campaigner for marijuana legalization, who is taking advantage of the relaxed cannabis laws in California and achieving her ambitions by running a dispensary. This will not be the first time Lorre has acquired the notable talent of Bates for one of his projects; the Oscar-nominated actress earned an Emmy for her guest appearance on Two And A Half Men in 2012. Lorre has found previous success working on various sitcoms, writing several episodes of Roseanne in the early 1990s and cycling through various series before ending up at the helm of the hugely popular Big Bang Theory. Netflix has a growing collection of original sitcoms, such as Unbreakable Kimmy Schmidt and Grace And Frankie. The network’s open minded attitude towards traditionally controversial subject matter should make it a great fit for a weed orientated show, allowing Lorre more freedom to explore this potentially hilarious context than his usual home on CBS. It should be fun to see Bates take on a lead role in a sitcom and spread her comedic wings within this role as a marijuana matriarch. With Bates on board and the proven comedic expertise from its showrunners, this series has the potential to be something special. With luck, Lorre will be able to land some equally good talent to play the other regulars at Bates’ dispensary, and it will be interesting to see how the showrunner handles the move to a streaming platform like Netflix.
The Colorado Board of Health will conduct a public rule-making hearing on July 15, 2015 at 10 a.m. in the Savin-Cleere Conference Room of the Colorado Department of Public Health and Environment, Bldg. A, First Floor, 4300 Cherry Creek Drive, South, Denver, CO 80246, to consider adding PTSD to the list of conditions to obtain medical marijuana. The U.S. Cannabis Cup in Denver is back and is bigger than ever – with THREE DAYS of 700+ vendors, three levels of VIP experiences and travel experiences provided by CID Entertainment, world-class musical entertainment, our heralded Awards show and the biggest 4/20 party on the PLANET! Meet some of the candidates in the your Denver community and learn about important local issues. The Indo Expo Trade Show looks to assist in building relationships between growers, manufacturers, wholesalers, retailers, and the public. Once again, Cannabis Patients Alliance has invited medical marijuana patients and supporters to meet their Colorado legislators and staff. Learn More…. The CannaGrow Expo is a two-day educational expo, dedicated to the art & science of growing cannabis. The event is open to the general public, 18+, and is intended for cannabis growers, dispensary owners, grow managers, and grow enthusiasts to explore the latest cannabis growing technology, tools, and techniques. Learn More The CannaGrow Expo is a two-day educational expo, dedicated to the art & science of growing cannabis. Learn More The Glass & Vape show is a one-day retail shopping expo featuring glass art & vaporizer technology from some of the best glass artists, glass retailers and vaporizer brands from around the state & country. Learn More If you follow the clues you will end up at our Hemp House party! You will show your clues to get in & claim your prize.