‘Sales plummet’ for recreational and medical marijuana in Colorado
New data from the Colorado Department of Revenue shows a big drop in marijuana sales between 2021 and 2022. COLORADO, USA — Colorado saw an almost $100 million decline in marijuana tax revenue last year, and an industry trade group said on Friday that the drop is...
Welcome to the cannabis crunch: Mass. marijuana industry braces for turbulent 2023
© Jessica Rinaldi The Massachusetts marijuana industry is on the verge of an impressive milestone: $4 billion in revenue since recreational sales began in November 2018. The Massachusetts marijuana industry is on the verge of an impressive milestone: $4 billion in...
Missouri regulators say they’re close to naming marijuana chief equity officer
The constitutional amendment legalizing recreational marijuana in Missouri won voter approval in November but created a schism among social-justice activists over the question of racial and economic equity. Some believe the new law will empower minority marijuana...
As Missouri rolls out legal weed, regulators create a new role: chief marijuana equity officer
The constitutional amendment legalizing recreational marijuana in Missouri won voter approval in November but created a schism among social-justice activists over the question of racial and economic equity. Some believe the new law will empower minority marijuana...
Applicants, residents urge city to speed up marijuana licensing
The city of Grand Junction’s marijuana business license approval process has frustrated citizens and potential business owners, who are waiting for the city to finish the application process and eventual lottery to decide who gets a license. “We have no idea when or...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Cashing in on Cannabis: Why These 3 Weed Stocks Are Primed to Pop
Marijuana legalization may be inching closer in the U.S. but it just became a reality in Germany. As of April 1, Germans can now legally grow up to three marijuana plants for personal use. They can …
3 Reasons Tilray Brands Investors Shouldn’t Assume U.S. Marijuana Legalization Would Fix the Stock’s Problems
A big reason many investors think Canadian pot producer Tilray Brands ( TLRY 6.98%) is worth the risk is because of the potential upside if the U.S. legalizes marijuana. It would open up a large …
Cannabis Industry Has 440,000 Full-Time Workers
The data, compiled by Vangst and Whitney Economics, shows that the United States’ legal marijuana industry added almost 23,000 jobs last year, amounting to a 5.4% year-over-over increase. That brings …
Kentucky advances medical marijuana business application date for smoother rollout
FLORENCE, Ky. (WKRC) – Kentucky lawmakers took action to make sure the new medical marijuana program rolls out smoothly. The program is set to go online January 1. To meet demand, they’re moving up …
Cannabis shop turning nabe to pot
Working at home with windows open last week, the smell of marijuana wafted inside. For eight hours, boisterous customers waited in line for blocks, with crowds on bikes and motorcycles gathering. Unfortunately, “New York’s First Adult-Use Dispensary” opened up at 750...
Dan Haar: CT passes $1 million in adult cannabis sales on Day 4
On the fourth day of cannabis retail to adults without a prescription, sales hit $1 million Friday afternoon – a benchmark that leaves open the question of how well the new market is doing. After the first day of sales at seven locations Tuesday, the state Department...
Key Marijuana Executive Changes You Should Know About: This Company Got A New CEO & More News
Humble & Fume Names New CEO Humble & Fume Inc. HMBL HUMBF has named chairman of the board Jakob Ripshtein to be its new CEO. He replaces Joel Toguri, who is stepping down to pursue other career opportunities. Ripshtein brings over thirty years of...
CT cannabis customers were surprised by prices. We analyzed the cost vs other states
On the first day of legal cannabis sales here, many customers took to social media to decry what they saw as prices higher in Connecticut than those for comparable products in Massachusetts, among other states. “Finally, now I can spend $35 on a pre-roll that...
Five CT cannabis social equity applicants get the go-ahead to open; nine are denied. Here’s why.
Five equity joint ventures were approved this week by the state’s Social Equity Council, which focuses on would-be cannabis business people who have lived in disproportionately impacted areas from the so-called war on drugs. At the same meeting, nine joint ventures...
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