Colorado barely funds its public schools, and we want the Olympics?

Thinkstock by Getty Images Every year, the national publication Education Week ranks states on their performance in support of K-12 schools. Its latest report ranked Colorado 41st in the nation, and gave our state a letter grade of F, compared with a national average of D. Meanwhile, The Denver Post reports that an exploratory committee will decide whether Denver should bid for the 2030 Winter Olympics, at a projected cost of $2 billion. At this early stage, the committee claims its goal would be to finance the project without taxpayer dollars. That’s a splendid goal. But if Denver actually makes and wins a Winter Olympics bid, Colorado taxpayers could learn… Read More

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Colorado pot sales hit a record $1.5 billion in 2017

DENVER — The Colorado Department of Revenue says marijuana shops in the state made a record $1.51 billion in sales of medical and recreational cannabis, edibles and concentrate products in 2017. The Denver Post reports data released Friday say adult-use sales topped $1.09 billion during the year, with the remaining $416.52 million coming from medical marijuana. Data says Colorado collected upward of $247 million in taxes and fees revenue from marijuana sales. The previous record was in 2016, when marijuana shops did $1.3 billion in sales. Sales were $996 million in 2015. ___ Information from: The Denver Post, http://www.denverpost.com Source Article

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Dutch Bros. Coffee expanding in Colorado to Denver

Dutch Bros. Coffee is planning to open its first metro Denver location. Dutch Bros., which has six drive-thru locations in Colorado Springs, said its new shop at 6671 W. Colfax Ave., in front of the Casa Bonita restaurant, will open this spring, according to the Denver Business Journal. Dutch Bros, founded in 1992 in Oregon, also has Colorado locations in Fort Collins and Loveland and has had drive-thrus in Colorado Springs for nearly a decade. Source Article

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Slain deputy’s funeral set for Friday in Colorado

DENVER – A Colorado sheriff’s office has announced plans for the funeral of a slain deputy. The Adams County Sheriff’s Office announced on Monday that Deputy Heath Gumm’s funeral will be held on Friday at Flatirons Community Church locate at 355 W. South Boulder Road in Lafayette, Colo at around 11 a.m. Gumm, who was 31, was shot and killed on Wednesday while responding to a call in a residential area about 8 miles (13 kilometers) north of downtown Denver. Police have arrested 22-year-old Dreion Martise Dearing, who faces charges of first-degree murder of a peace officer and second-degree burglary. A judge gave prosecutors until Wednesday to formally file charges.… Read More

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Colorado pharmaceutical company is bought by North Carolina competitor – Denver Business Journal

On the heels of a $30 million manufacturing expansion in Boulder and its hometown of Durham, North Carolina, biotechnology company KBI Biopharma has completed its latest acquisition: A Colorado company. Louisville, Colorado-based contract services organization Elion Labs marks the fourth acquisition for KBI since February. “Certainly, we will continue to grow,” says Timothy Kelly, president and CEO of KBI, contract development and manufacturing company, adding that KBI’s recent expansions have been “fairly opportunistic.” KBI has known about Elion since the company started back in 2015, he says, adding that KBI and Elion have been neighbors – and competitors – in Colorado. Elion was founded following biopharmaceutical giant Amgen’s closure of… Read More

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Colorado State Rams to hire Alabama assistant Derrick Ansley as defensive coordinator

Colorado State Rams head coach Mike Bobo paces the sidelines during the game against the Nevada Wolfpack at the CSU Stadium Oct. 14, 2017. Rams won 44-42. Colorado State coach Mike Bobo is staying true to his southern roots in completing the Rams’ 2018 football coaching staff. Alabama defensive backs coach Derrick Ansley has accepted an offer to become CSU’s next defensive coordinator, a source close to the team confirmed to The Denver Post. Ansley replaces Marty English, who announced he would retire following the New Mexico Bowl. FootballScoop.com first reported the news early Monday. Ansley spent the past two seasons coaching defensive backs for the Crimson Tide after multiple… Read More

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Christmas gifts for the Colorado Springs business community

Nobody should wake up Christmas morning without something under the tree. So The Gazette’s Business staff is here to play Santa Claus – ready to hand out presents to employers, businesses, local governments and the like. We’re not even worried if recipients have been naughty or nice; it’s the spirit of giving that’s important. With Christmas just a few hours away, and new business opportunities ahead in 2018, here are some gifts and well wishes for businesses, civic leaders and community members: – A Time Machine: To In-N-Out Burger. The popular California chain said in late November it finally would expand to Colorado – opening its first restaurant in Colorado… Read More

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Three Things You Should Do In Denver Colorado Today

If you happen to be visiting the capital of Colorado, you may be looking for something interesting to do for the day. Considering Denver is the capital, there is no shortage of fun and interesting activities. However, trying to decide on which is going to be the best activity for you can take some time. With that in mind, we have picked three of the best activities in the Denver area. Whether you choose to visit just one or all of them, you are going to have a great time! Do you feel as though you have no culture in your life? With the fast pace of life, it can… Read More

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Colorado Springs man allegedly scammed dozens out of $13 million with investment scheme

A Denver judge has shut down a Colorado Springs real estate firm over allegations its principal bilked more than $13 million from dozens of Coloradans who thought they were investing in rental properties but instead fueled the owner’s lavish lifestyle, state securities officials announced Thursday. The Colorado Division of Securities alleges in a lawsuit that Joseph Ryan — who’s been living in Las Vegas — used several of his companies, collectively known as Madyson Investments, to sell securities to at least 78 people across the state in the guise of acquiring residential and commercial properties to operate as rentals. Instead, the state says Ryan, 57, took the money — much… Read More

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Drainage project on City Park Golf Course can proceed, Denver judge rules in opponents’ legal challenge

Helen H. Richardson, Denver Post file A sweeping city drainage project at City Park Golf Course that will remake the landscape and bulldoze roughly 260 trees has survived a legal challenge that put the controversial plan on trial. Denver District Court Judge David H. Goldberg on Thursday issued a decision in favor of city parks officials, including parks director Allegra “Happy” Haynes. He rejected the arguments of a group of activists who have claimed that installing a huge stormwater detention area on designated parkland violated the city charter. Goldberg ruled that city officials were within their right to use the golf course for the drainage project. He didn’t wade into… Read More

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