News Article

New Colorado marijuana rules go into effect on January 1, 2020

DENVER, Colo. December 31, 2019 -- Marijuana rules stemming from the General Assembly's 2019 legislative session go into effect on January 1, 2020 for all regulated marijuana businesses across Colorado, most notably allowing, for the first time, state licensing of hospitality establishments and the issuance of permits for residential delivery of medical marijuana. Final rules were adopted by the State Licensing Authority on November 5, 2019 after a summer of extensive stakeholder engagement led by the Marijuana Enforcement Division (MED).

Colorado Voters Pass Proposition DD Allowing for Legalized Sports Betting in Colorado

The Colorado Department of Revenue, Division of Gaming will now serve as the regulatory body overseeing sports betting

GOLDEN, Thursday, November 7, 2019 - Proposition DD passes allowing for legalizing sports betting in Colorado, making Colorado one of many states now letting people place bets on sporting events since the Supreme Court ruling struck down a law that banned sports betting in most U.S. states.

Colorado's Marijuana Enforcement Division released 2018 Annual Update

DENVER, Colo. Monday, August 5, 2019 -- Colorado Department of Revenue's Marijuana Enforcement Division (MED) released its 2018 annual update for the fifth straight year. The update provides an overview of Colorado's legal marijuana industry using data taken directly from the state's seed-to-sale marijuana inventory tracking system.

"Data collection continues to be a priority at the MED," said Jim Burack, MED Director. "This ongoing analysis and compilation of industry information helps inform the public and contributes to our outreach efforts to stakeholders."

Colorado Department of Revenue released Average Market Rates for retail marijuana effective July 1, 2020

DENVER, Colo. - June 22, 2020 - The Colorado Department of Revenue (CDOR) today released the Average Market Rates (AMR) for retail marijuana effective July, 1 2020 until September 30, 2020.

Five of the seven AMR categories decreased this quarter, specifically bud ($1,000), trim ($300), bud allocated for extraction ($599), trim allocated for extraction ($202) and seed ($4). The immature plant rate ($9) and whole, wet plant rate ($176) stayed the same.