The headline of our post reporting that Colorado marijuana sales topped $100 million in August asked the question, "How long will they keep climbing higher?"

We now have the answer to that question.

Sales dropped from that peak in September, and again in October, the most recent month for which figures are available.

On Dec. 4, 2015, Bloomberg’s Britton Staniar and Peter Robison interviewed Brendan Kennedy, CEO of Privateer Holdings, a private equity firm focused on the legal cannabis industry, in Seattle to discuss Privateer’s investments in cannabis-related businesses.

Brendan Kennedy, Michael Blue and Christian Groh founded Privateer Holdings in 2010. Kennedy told Bloomberg, “We put together Privateer Holdings because we saw this huge opportunity to build a private equity firm in this industry that was making investments in medical cannabis companies.”

Tomorrow afternoon, the Board of Supervisors will take its first look at the commercial cannabis cultivation ordinance passed by the Planning Commission last week. When they do, the principal thing they’ll be looking at is questions of land use — what sizes of commercial grows will be allowed where, with which sorts of permits. 

Why will the Board of Supervisors be looking at these questions? Why has the county been crafting this ordinance?

The Hawaii State Department of Health (DOH) has posted interim administrative rules for the medical marijuana dispensary licensing program. View them online here.

The interim rules are effective immediately and will remain in effect until July 1, 2018, or until rules are adopted pursuant to Chapter 91 of the Hawaii Revised Statutes (HRS).

Rockie Eggebrecht is a hard-working farmer, but not the kind who wears overalls, labors in the soil and grows broccoli. He wears street clothes, works indoors and plants exclusively in pea gravel.

He grows recreational marijuana, and he loves his job.

Eggebrecht, 50, has been producing and processing pot lawfully since April. His business, north of Oak Harbor, is called Rock Garden, a play on his name and an allusion both to his hydroponic method and to the act of getting stoned.

“I’m damn proud of what I do,” Eggebrecht said during a recent visit to his growing operation. “I won’t put out a product that doesn’t meet my standards.”

“I want to supply gourmet marijuana to the market.”

D.C. is seen as a fairly progressive city because it allows recreational marijuana use. Advocates say the nation's capital now needs dispensaries.

WASHINGTON — A first-of-its-kind expo being held in D.C. is all about marijuana. The inaugural Cannabis Business Summit kicked off Sunday night with an awards ceremony at the Washington Hilton in Northwest.

Awards were given for innovation, activism and entrepreneurialism in this growing industry. The summit is like an industry trade show. With a list of speakers over two days, there’s an expo featuring the latest and greatest items in the pot business.

TAMPA, Fla.--(BUSINESS WIRE)--

The U.S. cannabis industry is still celebrating its biggest and best year ever in 2015, but natural wellness solutions company Neutra Corp. (NTRR) is already working on innovative products to capitalize on even more dramatic growth to come in 2016. Some analysts are predicting that the U.S. cannabis industry could grow by another six states in the next 12 months.

Mt. Angel voters will decide next year whether marijuana businesses will be allowed or banned in town.

The ban on both medical and recreational marijuana facilities was referred to voters by a pair of unanimous decisions by the Mt. Angel City Council on Dec. 8. Voters will make the final decision next November.

Because a large enough majority of Mt. Angel voters panned Measure 91’s statewide bid to legalize recreational marijuana last fall, council members could have adopted an outright ban on commercial enterprises. House Bill 3400 allows communities that voted “no” by 55 percent or more to enact a ban without gathering additional voter input.

As consumers increasingly turn to online and mobile channels for conducting business, CFOs may need to plan for greater investments in technology to help fuel thier companies growth.

LANSING, MI — An evolving proposal to allow regulated medical marijuana dispensaries and related businesses is unlikely to move this year in the Michigan Senate despite an ongoing push from supporters.

Sen. Rick Jones, who chairs the Senate Judiciary Committee, does not have the votes to advance the bills from committee and is instead asking Senate Majority Leader Arlan Meekhof to discharge them to the floor by early 2016.

"That's entirely up to him," Jones, R-Grand Ledge, said Tuesday. "I would hope that it would be this week, but I realize this week is taken up by some very pressing issues."