U.S. Cannabis Industry’s Total Economic Impact to Near $158 Billion by 2026
DENVER–(BUSINESS WIRE)–Apr 12, 2022– The2022 MJBiz Factbook, released today, projects that retail cannabis sales in the U.S. will surpass $33 billion by the end of 2022 and more than $52 billion by the end of 2026. Produced by the editorial team...
Camden County Business Gets Tentative OK To Sell Recreational Cannabis
© Shutterstock Curaleaf, which the state said has a location in Camden County, was given tentative approval to sell recreational cannabis on Monday, a press release said. TRENTON, NJ – A company with a Camden County location was one of seven alternative treatment...
Medical Marijuana Centers in NJ to Sell Recreational Pot Soon
New Jersey moved one step closer to allowing recreational marijuana sales after the state commission overseeing cannabis approved seven current medical pot companies to expand into recreational at 13 locations. The Cannabis Regulatory Commission on Monday signed off...
Cannabis Is Bringing In Billions Of Dollars: Imagine If It Was Federally Legal?
© Provided by BenzingaIf it’s about the money, cannabis should be on the top of the list of arguments for legalization. One might wonder why it is not after viewing the following analysis from the newly published MJBiz Factbook,...
Colorado marijuana industry regulators under fire as underage sales checks nosedive
On about 600 occasions in 2019, state marijuana industry regulators sent hired operatives, aged 18 to 20, into Colorado dispensaries to check that the law barring sales to people under 21 was being followed. Then the COVID-19 pandemic hit, and in 2020 state regulators...
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.
2 Great Cannabis Stocks for New Investors
Image source: Getty Images Written by Aditya Raghunath at The Motley Fool Canada Canadian cannabis companies have burnt massive investor wealth in the last five years due to a variety of sector-wide issues plaguing the sector. These structural headwinds include rising...
Top Small-Cap Picks: 3 Unstoppable Russell 2000 Stocks to Buy in November
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Over time, small-cap stocks far outperform their larger cousins. The two-decade period between 1999 and 2020 saw the Russell 2000 small-cap index more than triple in value compared to a 120%...
Virginia Agency in Charge of Medical Cannabis Program can’t Provide Sales Data
A dispensary employee measuring flowers in Richmond. (Josephine Walker/VCU Capital News Service) RICHMOND — No agency tasked with management of the state’s medical cannabis program can cite sales data, but the Cannabis Control Authority said it plans to start tracking...
DeSantis thinks weed companies aren’t paying enough to conduct business in Florida
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National City will depend on state to do background checks on cannabis opertions
National City council members last week relieved the police department of conducting background checks on cannabis businesses seeking permits, instead opting to have the state handle the process. The move comes after the Department of Justice notified the city that...
EDITORIAL: Countering Big Marijuana’s big bucks
The big business of retail marijuana is flexing its financial might to influence politics in Colorado, across the country and in our nation’s capital. The industry’s big bucks are approaching a critical mass as more states follow Colorado down the path to legalization...
Cannabis big business in NEPA
As the medical marijuana market continues to grow in Pennsylvania, Jushi Holdings Inc. has big plans for Scranton and officials are confident the recreational use of cannabis by adults may soon be legalized in the state. × This page requires Javascript. Javascript is...
Tennessee’s first legal cannabis restaurant coming this spring
NASHVILLE, Tenn. (AP) — Craft Cannabis founder Michael Solomon is expanding his legal cannabis empire with the addition of a soon-to-open restaurant. Buds & Brews, an innovative, Nashville-based eatery, is slated for a spring 2022 opening. Tennessee’s first...
Montana marijuana sales total $73M so far this year
HELENA, Mont. (AP) — Montana’s recreational cannabis sales through the first quarter of the market’s first year are outpacing projections and it’s not even tourism season yet. Montana providers have sold $72.9 million in cannabis products, including both medical and...
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