In January we provided our industry outlook on what Cannabis businesses could expect in the coming year. Just a few weeks into 2017, and we are already watching some these predictions come to light. The numbers are in, and Colorado officially sold $1.3 billion in medical and recreational marijuana in 2016. The state brought in roughly $199 million in taxes and fees, revenue put toward education, public health and law enforcement. Please join us at our our next membership meeting on Wednesday, Feb. 22 to weigh in on the drafting of the Business Efficiency Bill. For more information, see event listings below. If you have questions about your membership, please contact Executive Director Mark Malone at firstname.lastname@example.org.
CBA Resources and Statements:
CBA Releases Statement on Richard Kirk:
On February 3, 2017 The Cannabis Business Alliance (CBA) released a statement regarding the case against Richard Kirk, who has pled guilty to second-degree murder after confessing to the murder of his wife Kristine Kirk. Much of the news coverage attempted to connect the tragedy to the consumption of a cannabis infused edible.
Read the full statement here.
CBA Releases Statement In Response to Gov. Hickenlooper’s Visit with CA Lawmakers:
In response to Gov. Hickenlooper’s recent visit to speak with California legislators in Sacramento, Calif., in advance of legalization of adult-use cannabis, The Cannabis Business Alliance (CBA) has released a statement. The advocate for cannabis business owners is calling on states like California and other emerging markets to reach out to those who have been involved in Colorado's cannabis industry for insight on what works best when it comes to regulation and child safety.
Read the full statement here.
“What’s Happening on The Hill” Legislative Update:
- Medical Marijuana License Issues (HB17-1023): Passed the House with the MIP to MIP transfer language the CBA proposed. It has since been introduced in the Senate, and is sponsored by Senator Baumgardner.
Unlawful Marijuana Advertising Bill (SB17-015): Passed the Senate and is now in the House. Makes sure MIPs/testing facilities in advertising.
Allow Medical MJ Use For Stress Disorders Bill (SB17-017): Passed out of Senate during the week of February 6 and should be introduced in the House early week of February 13.
The Marijuana Education Materials Resource Bank Bill (SB17-025): Has been introduced in the House, has not been calendared for committee yet, but hopefully will be in the next couple of weeks.
Marijuana Shortfalls (SB17-11): Passed unanimously out of the Senate Business Affairs Committee and will next be heard in the Finance Committee.
Currently awaiting introduction of the Business Efficiency Bill
The new Public Consumption Bill was introduced and is now on our tracking sheet.
Please join CBA for our next members meeting on February 22, to discuss the Business Efficiency Bill and provide your feedback. We highly encourage CBA members to weigh in.
Keep track of the latest legislative updates by utilizing the Colorado Capitol Watch Bill Tracker.
February Member Events:
- Membership Meeting: Legislative Focus on Business Efficiency Bill
- Date: Wednesday, February 22, 2017
- Time: 11:30am
- Location: ERB Supply
The Year of Expanding Footprint: The 2017 CBE 200 PPRs List
The Cannabis Business Executive has released its 2017 List of Producers, Processors, and Retailers (PPR’s). CBA Board members Wana Brands and Love’s Oven made the cut! Did your business? If so, let us know! We’d love to recognize your achievement on our website and social media platforms.
Review the full 2017 CBE 2017 PPRs list here.
Media Coverage Highlights:
Leafly - Colorado Governor Talks Cannabis Challenges in California Capitol
Marijuana Times - Finally, the Article on Cannabis Hyperemesis Syndrome that Readers Deserve
Entrepreneur - Marijuana Industry Hope for Regulatory Stability in 2017
The Northwest Leaf - What the Hell is Going on with CBD?
Herb.co - Outrage Over Potential ‘Fake’ News Story About Cannabis
Leafly - Five Real People with Real Cannabis Jobs
Dabs Magazine - Suit Against DEA Says New CBD Ban Is Unconstitutional
Cannabis Cafe - Hold on! The DEAs Move Against CBD May Not Be Legal
New Falcon Herald - Marijuana medical research a Catch-22
- Cannabis Business Times - New Administration Causing Jitters
Member Spotlight: Dabble Extracts
“CBA facilitates our ability to communicate with regulators as well as other industry leaders. As one of the many pioneers in this industry it is important to communally be able to take part in industry change and development.” - Dabble Extracts
Click here to learn more about CBA member Dabble Extracts.
Cannabis Business Times presents the Cannabis 2017 Cultivation Conference!
Cannabis 2017 is where professional cultivation meets technology and business management.
where cultivators come to network and learn the best cultivation techniques from the industry's brightest minds.
where business owners learn strategies for success from some of the smartest and most innovative businesses in the world.
where anyone in cannabis cultivation goes to find products and solutions to help them grow better, smarter, faster and more profitably.
CBA members can access the conference at a discounted rate of $400!To access this special CBA Member rate, please register at the link below: https://www.regonline.com?eventID=1881256&rTypeID=630237
Cannabis 2017 is different than any other event in the market. In addition to its unique combination of educational programming on both cultivation and business management, it has been developed by cultivators for cultivators.
This year's event is chaired by Kenneth Morrow, one of the most respected names in cannabis cultivation and extraction. The conference advisory board is comprised of cultivators and business owners (and those who are both) who were carefully selected for their level of achievement/success, their passion for the plant and vision for the advancement of the professional cannabis cultivation market. Their expertise has been invaluable in crafting an educational program that will provide you with ideas and strategies you can implement today, as well as views of the future of the industry that will help you make more-informed business decisions tomorrow.
Cannabis 2017 also features an exhibit hall filled with industry-leading businesses that provide the latest technology and solutions for the professional cannabis cultivator.
Learn more: http://www.cannabiscultivationconference.com/
Imperious Expo + Directory will be hosting the Cannabis Business Expo at the Phoenix Convention Center on April 12th and 13th, 2017. The show will spotlight the medical and industrial cannabis industry. We promote the legal medical and industrial benefits of cannabis emphasizing the business sector, with a primary goal of connecting business to business (B2B).
The speaker lineup will highlight the following topics:
- Growing Medium
- And more!
CBA’s own Nancy Whiteman will be speaking at the Imperious Cannabis Business Expo. CBA members can receive 25% off their ticket for admission by utilizing the custom promo code below:
Promo Code: NW2017
For more information about the conference as well as the ticket purchase location please visit: http://imperiousexpo.com/.