Cannabis advocates in Colorado cheered the Biden Administration’s reported move to reclassify marijuana and said the decision likely would reduce businesses’ tax burden significantly. Industry leaders cautioned that such a move — if finalized — would not resolve some major challenges facing the industry, such as limited access to banking. But they pointed to the … Read more
Colorado lawmakers are abandoning plans to overhaul the Regional Transportation District’s governing board and change how its members are selected after transit officials blasted the plan. Reps. William Lindstedt and Meg Froelich said Wednesday that they are still set to pursue other RTD reforms through House Bill 1447. But they said they plan to drop … Read more
Nearly 27% fewer aspiring Colorado college students have submitted a Free Application for Federal Student Aid this year compared to 2023 amid a federal financial aid fiasco. That drop has state higher education leaders worried the ongoing delays and confusion surrounding the revamped financial aid application — known as FAFSA — will deter students from … Read more
The Union government on Wednesday told the Supreme Court that it is ready to allow the Kerala government to borrow an additional ₹5,000 crore in the current fiscal year as a one-time measure. However, it will be subject to certain conditions to be imposed in the next financial year. Additional Solicitor General N Venkataraman also … Read more
A bipartisan group of Colorado lawmakers is again moving to direct a special $5 million infusion to Denver Health amid rising concerns about the hospital’s financial security and fears of a potential descent into a “death spiral.” Members of the powerful Joint Budget Committee, which gave initial approval to the allocation Wednesday night, acknowledged that … Read more
The CBN on Friday warned against the proliferation of counterfeit banknotes, particularly in higher denominations. The bank said it observed that the fake notes are being circulated during transactions in food markets and various commercial centers across major cities nationwide. Referencing Section 20(4) of the CBN Act (2007) as amended, the bank emphasised that the … Read more
