AVONDALE —Denver-based Two Rivers Water & Farming Co. typically can reel in $4,000 to $5,000 for every acre of corn, cabbage and pumpkins it plants. But Two Rivers is aiming for far higher cash yields by leasing land to cannabis growers.

Publicly traded Two Rivers, which last year logged $2.4 million in revenue by converting acreage to high-yield fruits and vegetables from feed crops, has spun off a subsidiary, GrowCo Inc., that is building huge greenhouses to lease to licensed recreational marijuana growers at about $1 million an acre.

While some of us get ready for tonight’s dab bus by Franco’s Finest, here are thoughts from this week’s Cannabis Creative Conference:

It’s easy to stereotype the appearance of a typical canna business owner. Long,unkempt hair, tie-dyed clothes, half-open eyelids and/or mismatched socks are are just a few of the looks that come to mind. Add the faint smell of marijuana smoke and some Bob Marley tunes, along with plenty of goofy smiles, and you have the stoner look far too many of us assume is the norm.

Could equity crowdfunding for cannabis take off in Colorado? On July 16, 2015, Colorado’s Division of Securities sent a cease and desist letter to a man who posted ads on Craigslist looking for “high net worth investors to strategically partner with one of the largest MMJ chains in Colorado.” So, no, not for that guy.

The Fourth Corner Credit Union, a financial house created for the pot industry, has filed two lawsuits this week challenging their denied applications by the National Credit Union Administration and the U.S. Federal Reserve.

In 23 states, medical marijuana is now legal and in Colorado, Oregon, Washington, Alaska and the District of Columbia recreational marijuana is legal. However, it is still illegal on the federal level.

The Fourth Corner Credit Union is not allowed to accept any marijuana business until they get federally insured.

In November 2014, the family of late musician Bob Marley announced the launch of what it claimed would be the first global cannabis brand, Marley Natural. The brand plans to begin offering cannabis products, including heirloom strains, in 2015. Their press conference was a far cry from what marijuana advertising has been in the past—ranging between word of mouth and non-existent. Rather than hearing about new strains from shady characters and being forced through the charade of “for tobacco use only” products, legalization means cannabis marketing can finally come out of the shadows and into the fore. Just before Marley’s family made their announcement, two more states, Alaska and Oregon—as well as the District of Columbia—legalized recreational use for adults over the age of 21.

The comments came as part of an informational hearing called by members of the state Board of Equalization to figure out how to give banking services to the marijuana business so operators can pay taxes. Attendees included state officials, marijuana retailers and representatives of financial institutions.

THIS Will Send Marijuana Stocks Through the Roof!

Although few want to admit it, health insurance companies are not in business to make you feel safe and secure.

Insurance companies exist to make money.

I don’t say this to be negative. In fact, it’s not really a criticism — more like an observation. Because the bottom line is that if an insurance company can’t make money, it can’t exist.

Pharmaceuticals, MRIs, doctor visits — this stuff ain’t cheap. So I’m never surprised when I hear that a health insurance company is looking for new ways to make a buck.

One of the more interesting that recently came across my desk was a new policy that would allow patients to get insurance coverage for medical marijuana.

MJNA Defeats Project CBD’s Motions – Moves Forward $100 Million False Claims Lawsuit

DENVER – A Colorado-based credit union created to serve the country’s fast-growing legal marijuana industry sued banking regulators on Thursday after being denied access to the nation’s electronic banking system.

The Fourth Corner Credit Union won organizing approval from Colorado regulators in November, and organizers quickly asked the Federal Reserve in Kansas City in grant it a master account number, allowing it to make electronic funds transfers like any other bank or credit union. The Federal Reserve in Kansas City this month rejected that request because the National Credit Union Administration refused to grant deposit insurance to Fourth Corner. The NCUA is an independent federal agency that charters and supervises credit unions.

AMHERST, N.Y. (WIVB)- By January, medical marijuana will be dispensed in a corporate park in the Town of Amherst.

Among the five companies chosen by the NY State Health Department to manufacture medical marijuana is Pharmacann out of Chicago, which plans to put one of its dispensaries at 25 Northpointe Parkway, near North French Road.

A Pharmacann spokeswoman tells News 4 the company secured the Amherst location months ago in the hopes they would be chosen to put a dispensary there.