Colorado marijuana retailers fined more than $680K last year

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(Note: This story has been updated from an earlier version.)

The Colorado Department of Revenue’s Marijuana Enforcement Division collected at least $683,500 in fines¬†last year from marijuana retailers, including a number that allegedly duped the state’s seed-to-sale tracking system.

Fox 31 Denver reported 47 retailers broke the law in 2016. The broadcaster said a significant number of businesses cheated the state’s seed-to-sale tracking system, called METRC, by selling product under the counter without reporting the transaction to regulators.

In Colorado, each plant is tagged with a bar code that includes the plant’s location, weight

Colorado marijuana retailers fined more than $680K last year is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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