Regulated State

It could be the beginning of the end for the use of RFID tags in Colorado’s cannabis industry — and the company that makes millions selling them (and other fees) through its contract as the state’s “primary inventory tracking system of record.” That company, of course, is Florida-based Metrc, which enjoys a near monopoly across the nation as more states implement regulated cannabis programs, often following the “Colorado playbook.” Keep reading with a 7-day free trial Subscribe to Regulated...

NOTE: This is a developing story and, while I’ve started the process of reaching out to all the parties mentioned, they’ve not all had a whole lot of time to respond. Metrc, which historically isn’t very responsive to media requests (in my experience, at least), did not respond in time for publication. The Colorado Marijuana Enforcement Division declined an interview due to policies limiting its public comments surrounding upcoming or in-progress rulemaking sessions.

Just as the cannabis industry was relishing a rare moment of hope thanks to the news that the U.S. Department of Health and Human Services is recommending to the Department of Justice that cannabis be bumped down the Controlled Substances Act scheduling list from I to III, Colorado’s Marijuana Enforcement Division today dumped the latest sales numbers — and they’re, again, pretty miserable. But there’s a clear trend emerging that makes a lot of sense.

NOTE: Click here for access to the free version of this newsletter edition. Progress is coming. Whether or not it’s enough is the next big debate.

This is Regulated State.

Welcome to the first edition of Regulated State — a newsletter hyperfocused on Colorado’s cannabis industry and its burgeoning psychedelics sector. NOTE: Please do read past the lead story for an important update on medical cannabis legislation currently being debated at the Legislature.

Hi, and happy weekend! Decided to drop this in your inbox just to interrupt your Saturday and see how it goes. 🌦 Update: The world’s as crazy as it ever was — crazier even.

Hi there! Welcome to Issue 1 of 3 this week. You’re going to be hearing from me — we’ll just call it mixing things up. Send all hate mail by replying to this email. And please note the clarification on Truman Bradley’s testimony at the Committee meeting. I regret the misunderstanding. We’re better than this

Hey hey! Thanks for tuning in for the second biweekly issue of Regulated State, where we take a look at what’s happening in cannabis — in Colorado.