The cannabis industry has been a controversial topic for many years, with debate raging as to whether it should be legalized for both medical use and recreational use.
One state leading the marijuana-legalization pack is Colorado. Although it has been legalized for medical use for almost two decades, a few years ago Colorado made it legal for recreational use as well. This has had quite an impact on Colorado’s economy as cannabis quickly became a billion dollar industry. Currently, 29 states have legalized cannabis for medical use, but only eight states – California, Alaska, Maine, Massachusetts, Nevada, Oregon, Vermont and Washington – have followed Colorado’s lead and fully legalized it.
There have been many studies on whether the use of cannabis is beneficial for medical purposes. Research has shown that cannabis is beneficial for pain management and relief from symptoms of certain illnesses and diseases. The drug is often used to combat epilepsy, chronic pain, depression, anxiety, PTSD, nausea and vomiting from chemotherapy, and to relieve symptoms of MS. As evidence of the therapeutic value of cannabis mounts, state governments are more inclined to legalize the plant, at least for medical use.
In states where cannabis is legal, the industry is tightly regulated; all aspects of growing, harvesting and distributing must comply with state regulations, with the goal of creating a supply of cannabis for customers that is safer than what is available on the black market. The tax revenue from cannabis sales also boosts state and local economies and is typically used to fund public services.
Since Colorado’s government leaders have legalized the recreational use of cannabis, the state has been forced to gain a better understanding about the industry and to monitor certain aspects of the business, such as the establishments that are selling cannabis, distinguishing between recreational users and those who use it for medical purposes, and inspections of the product. This new industry has also opened the door for vendors to be able to find cannabis-related opportunities within the public sector. Many government agencies throughout the state have published bids for products and services related to the cannabis industry, some examples of which include:
- Retail Marijuana Education Program Evaluation
- Administrative support proposals from independent contractors for the Marijuana Excise Tax Advisory Board (METAB)
- Energy Monitoring Equipment and Systems for Cannabis Cultivation Establishments
- Security and Surveillance Marijuana Inspection Services
- Specialized Medicinal Cannabis Patient Registry Software (Platform)
- City of Fort Collins - Medical & Retail Marijuana Licensing Authority
- GC-MS FID System
- Deputy Combined Marijuana Licensing Authority Hearing Officer
- ioVita PBC Specialized Research Software & Services on medicinal cannabis
Vendors interested in submitting bids can do so either by registering with Colorado’s Vendor Self Service portal or going directly to specific government agencies to find bids. Some of those entities include:
- Department of Public Health and Environment
- County of Chaffee
- Boulder County
- City of Aurora
- City of Fort Collins
- Colorado State University Pueblo
For vendors who would prefer to receive daily notifications about bids related to their business interests, signing up with a bid intelligence service is the best way to gain valuable information about cannabis opportunities in their area. Companies like BidNet help members find perfectly matched bids and sends those opportunities daily along with any bid documents, amendments or notices that accompany the bid straight to their inboxes. This provides vendors with all the pertinent information about a bid, allowing them to make easy and informed decisions of whether or not to submit a proposal for any of the bids they receive.
Danielle Calamaras | BidNet.com