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Colorado

Marijuana Retail Report

Published

3 weeks ago

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Marijuana Retail Report



Bill 26-1117 proposes a permit system

On Thursday, March 5, an effort to create a licensing system for pop-up cannabis events in the state passed its first legislative hearing.

There are about 700 licenses recreational dispensaries in coloradobut restrictive laws and a lack of proven business models are holding back lounges with cannabiswith only three licensed and operating lounges in the state, all located in Denver, and only a small handful of weed-friendly travel services.

The vast majority of weed-friendly events in Colorado have been private; such events tend to have lower attendance, require invitations or pre-registration, and are often contested by local authorities. Cannabis industry stakeholders, event organizers and pop-up chefs were there call for temporary hospitality permits as a way to support the state’s cannabis culture and help stimulate small businesses, but has struggled to gain traction with lawmakers and licensing officials.

House Bill 26-1117sponsored by state representative Naketa Ricks, proposes a permit system with the Colorado Division of Marijuana Control that would allow event organizers to apply for a cannabis license. The measure was approved by the House Business and Labor Committee on March 5 with amendments that add enforcement and labor regulations, including a requirement that THC warning pamphlets be handed to event attendees upon entry.

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Cannabis Industry News

Cannabis MSO PharmaCann Closing Colorado & Pennsylvania Cultivation Sites

Published

4 days ago

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March 27, 2026

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Cannabis MSO PharmaCann Closing Colorado & Pennsylvania Cultivation Sites

Chicago-based multistate operator PharmaCann Inc. recently revealed that it is closing its cannabis cultivation operations in Denver, Colorado, one of the largest licensed grow sites in the state, and is also closing a cultivation and production facility in Allegheny County, Pennsylvania.

The company announced the closings to state officials on March 20, as required by federal law, and said the closings and subsequent furloughs will take effect on May 20.

“The entire facility will close on May 20,” the company’s chief manufacturing officer, Nathan Fete, wrote in a March 20 notice to the Colorado Department of Labor and Employment.

“The action is expected to be permanent. Employee layoffs due to this action will take place on May 20.” – Religions, on paper, through it Denver Post

The company is also shedding 162 employees from the Denver site, while 60 jobs will be lost from the Pennsylvania facility, located in Scott Township. PennLive reports.

Meanwhile, PharmaCann appears to be exiting the Colorado market after announcing last December selling its LivWell retail brandincluding leases, licenses, inventory, contracts and intellectual property, for about $49 million to another cannabis MSO, Vireo Health.

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Colorado

Marijuana Retail Report

Published

5 days ago

on

March 26, 2026

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Marijuana Retail Report



During the month, the 3 largest operators reduced or showed financial difficulties

In less than a month, three of Colorado’s largest cannabis chains have downsized or shown signs of financial struggles, including buyouts, layoffs, supplier lawsuits and closures.

The latest bad news for business came on March 20 when PharmaCann Inc., the Chicago-based corporation that owns LivWell Enlightened Health, announced it would lay off 132 employees as it closes a major growing and processing plant in Denver in May. This came a few weeks after a chain of Colorado dispensaries Native Roots has announced the sale of most of its assetsincluding at least seventeen of the 21 stores — but none of the main grow businesses — of Verdant Capital Partners, an investment firm co-founded by Josh Ginsberg, one of the owners of Native Roots.

LivWell and Native Roots currently have 21 stores each, the most in Colorado, although the future is unclear for Native Roots stores and manufacturing facilities that were not included in the deal. Many employees at the LivWell dispensary also wondered about their employment status.

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Colorado

Marijuana Retail Report

Published

1 week ago

on

March 24, 2026

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Marijuana Retail Report

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