A wholesale pound of weed is going for an average of $648, down from a peak of $1,721 in early 2021.
Marijuana wholesale prices hit record low in Colorado amid yearslong sales decline
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Cannabis grower claims manager ‘stole everything’ from Denver warehouse
“And apparently he forgot that the cameras were on,” a lawyer for Rocky Mountain Distributors says of Andrew Leising.
Green Dragon dispensary chain shuttering Denver grow facility
CEO Cory Azzalino said its 15 Colorado dispensaries will stay open and buy from third-party cultivators.
Texan nabs marijuana grow in Denver for $8M
Don Ball, who owns an industrial real estate firm in the Lone Star State, also bought Green Dragon’s 92,000 square-foot cultivation facility last fall.
Lender says Denver firm may close dispensaries to avoid paying $11M
Schwazze, which owns Star Buds, says “we vehemently deny” fraud claims.
Judge orders buyer of South Broadway pot shop to pay $2.2M
The company that bought A Cut Above for $8 million wasn’t defrauded, she says.
Litigation bankrupts hemp firm before trial
“Threat of litigation, judgments and arrearages” caused ECS Brands in Broomfield to file for Chapter 11, its CEO says.
Native Roots co-owner accused of trying to dodge $100M court award
Developer Peter Knobel has been battling other co-owners for years. Now he is accused of fraudulently moving real estate.
Veritas founder, ex-president say they’ve created a better edible
Jon Spadafora and Toby Ripsom say they’ve learned from mistakes made at their former weed wholesaler, which shuttered this summer.
Green Dragon dispensaries, grow facility to remain open after cash infusion
The company had said last month that its Colorado operations would cease at the end of the year.
