April 24, 2012

Colorado Medical Marijuana Industry, Cannabis Leaders Draw Attention to MMJ During Obama Visit

Colorado medical marijuana news, cannabis dispensary updates and MMJ industry developments

Cannabis advocates and leaders from Colorado medical marijuana organizations gathered this afternoon to send a clear message to President Obama: Leave the state’s MMJ industry alone.

During a press conference held at a dispensary in Boulder, speakers praised Colorado’s heavily regulated medical cannabis program. They also urged the federal government to shift its attention from cracking down on state-sanctioned marijuana businesses to creating jobs, fighting crime and other issues that concern residents.

Aaron Smith, the executive director of the National Cannabis Industry Association, said in a press release before the event that recent actions taken by U.S. Attorney John Walsh  to force the closure of some Colorado dispensaries has a tangible economic impact.

LegalComplainceText Colorado Medical Marijuana Industry, Cannabis Leaders Draw Attention to MMJ During Obama Visit

“For every medical marijuana center closed by the order of U.S. Attorney Walsh, jobs are lost, contractors lose vital business, and license fees can no longer be collected,” said Smith, who spoke at the press conference. “The U.S. Attorney tells us he is planning to target nearly 200 legitimate Colorado businesses, which could cost the state over 1,000 jobs as Colorado is struggling to recover from a deep recession and get its economy back on track. We are asking President Obama to do for employees of medical marijuana businesses what he does for employees of every other business: protect their jobs.”

The gathering was tied to Obama’s visit to the University of Colorado, where the president is reaching out to younger voters by addressing issues such as rising rates for student loans.

Several MMJ industry groups participated in the press conference, including the Cannabis Business Alliance and the United Food and Commercial Workers Union, which represents marijuana dispensary workers. Representatives from pro-patient organizations and marijuana advocacy groups such as ACT 4 Colorado and Sensible Colorado lent their support as well.

Post Your Comment:

Please note:
Comments are moderated by our editors who do their best to approve comments ASAP. As Marijuana Business Daily is focused on business, we approve comments that are specifically relevant to industry professionals. General opinions and questions about cannabis may not be posted.

Florida’s Second Stab at CBD Rules Questioned

Florida is having a hard time figuring out rules for its CBD industry. The state [click to continue...]

Maine Medical Cannabis Sales Total $16.2M

Dispensaries in Maine sold an estimated $16.2 million worth of medical cannabis last year, while [click to continue...]

Oregon Agency Weighs in on MMJ, Rec Rules


Oregon could keep medical marijuana completely separate from recreational cannabis when retail sales begin next [click to continue...]

Missouri Awards Hemp Cultivation Licenses

Missouri has joined the growing number of states legalizing CBD-based medicines. The state awarded cultivation [click to continue...]

150K Pounds of Legal Marijuana Sold in CO Last Year

Dispensaries and retail cannabis stores in Colorado sold nearly 150,000 pounds of marijuana flower last [click to continue...]

Medical Cannabis Demand Outweighing Supply in DC

supply and demand

Recreational marijuana has dominated headlines out of Washington DC this week, as the use, possession [click to continue...]

Another Lawsuit Over MMJ Licensing Process in Illinois

A company that got turned down for one of the Illinois’ 21 medical marijuana cultivation [click to continue...]

MJ Financial Services Firm Secures $2M Investment

A financial services firm that plans to serve the cannabis industry has secured $2 million [click to continue...]

Alaska’s Largest City Enacts MJ Concentrates Rules


Alaska marijuana entrepreneurs who want to specialize in infused products or extracts will have to [click to continue...]

Washington DC Mayor Seeks to Ban ‘Cannabis Clubs’

With private marijuana use on track to become legal in Washington DC on Thursday barring [click to continue...]

Evicted MMJ Grower Wants Same Legal Protections as Farmers

Oregon is facing an interesting question tied to its medical marijuana law: Should evicted cannabis [click to continue...]

Report: Outlook for MJ Stocks Strong, But Many Could Stumble

cannabis stocks

Institutional investors will put money into cannabis stocks this year, though many publicly traded MJ [click to continue...]

Alaska Governor Seeks Marijuana Industry Oversight Board

Alaska Gov. Bill Walker has sent a bill to state lawmakers calling for the establishment [click to continue...]

Canadian Stock Regulators: Risk Disclosures Lacking

Canadian stock regulators have a word of warning for those investing in MMJ companies north [click to continue...]