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Colorado: Marijuana Sales Top $100 Million In August

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By Steve Elliott
Hemp News

Cannabis sales surpassed the $100 million mark in August for the first time ever in Colorado, according to recreational and medical marijuana sales data released on Friday by the state Department of Revenue.

Marijuana sales once again eclipsed the previous month's numbers, with recreational cannabis racking up $59.2 million in sales and medical marijuana getting $41.4 million, reports Elizabeth Hernandez at The Denver Post.

The combined $100.6 million in cannabis sales continues the 2015 trend of month-to-month record-setting.

"It means that $100 million is going to licensed, taxpaying businesses, creating jobs and helping to build new schools, instead of going to cartels and drug dealers -- as is the case in the 46 states that don't regulate marijuana," said Dan Riffle, director of federal polices for the Marijuana Policy Project (MPP).

Legal recreational cannabis sales began on January 1, 2014, in Colorado, which was the first state to launch a retail cannabis program. There were $46.4 million in total sales that month, with $14.7 million in recreational and $32.2 million in medicinal sales. August 2014 was the first month when recreational sales exceeded medical sales.

Colorado: Federal Agents and Denver Cops Raiding Medical Marijuana Facilities

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By Steve Elliott
Hemp News

Federal Drug Enforcement Administration and Internal Revenue Service agents, along with officers of the Denver Police Department, on Thursday morning are conducting raids at multiple medical marijuana facilities in the Denver, Colorado area.

A statement from the U.S. Attorney's Office in Denver confirmed the ongoing raids, reports Michael Roberts at Westword. "Our sources tell us it's likely to continue throughout the day and involvers a notable number of targets," Roberts wrote.

A statement from Jeff Dorschner, spokesman for U.S. Attorney John Walsh, gives few details about the raids. Early reports filtering in placed the number of raided operations between 20 and 40.

"The Drug Enforcement Administration, Internal Revenue Service Criminal Investigations, the Denver Police Department and state and local law enforcement are today executing lawfully obtained search warrants and seizure warrants," reads Dorschner's statement.

The raided locations included "a couple" in Boulder County, according to a law enforcement source, reports Mitchell Byars at the Boulder Daily Camera.

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