Green Wednesday Adult-Use Cannabis Surpassed $9 Million in Sales
The day before Thanksgiving, often referred to as “Green Wednesday” in the cannabis industry, saw a record number of sales once again. According to data collected by Jane Technologies, recreational sales on Nov. 22 reached $9,209,061.73—an 18.12% increase from Green...
An Odor-Control Pact with Carpinteria Cannabis Growers Breaks Down
An Odor-Control Pactwith Carpinteria CannabisGrowers Breaks Down ‘We Kept Our Promises, and They Broke Theirs,’Citizens’ Coalition Says By Melinda Burns | November 30, 2023 Lionel Neff is a director of the Santa Barbara Coalition for Responsible Cannabis. | Credit:...
If You Can Only Buy One Cannabis Stock in December, It Better Be One of These 3 Names
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Rapper Snoop Dogg announced on Nov. 17 that he was giving up smoking cannabis. Cannabis stocks fell on the news. “After much consideration & conversation with my family, I’ve decided to give...
Investigation underway after fire and explosion breakout at a cannabis business in Palm Desert
Update 11/29/23 1:45 p.m. CAL Fire Riverside County officials have been battling several hot spots throughout the morning hours. Since 4 a.m. two smoking hot spots have broken out leading to a quick response from fire crews. Battalion Chief, Pete Tierney confirmed the...
Female Founder Pioneers Low-Dose THC Cannabis And Hemp Gummies
Jenna Goldring, cofounder of The High Confectionary, low-dose THC gummies The High Confectionary Despite the burgeoning cannabis industry, female founders encounter substantial obstacles in building their businesses. Just 8% of CEOs are women in an industry where they...
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.
The Initial Cannabis Business License Application Portal Just Closed. How Many Businesses Have Applied?
Businesses that are looking to sell medical marijuana, but have those deficiencies, can still fix them even while applications are closed for this short period. As LEO Weekly previously reported, …
Premium marijuana brands report steady sales despite shaky economy
Despite economic uncertainty, luxury cannabis products continue to attract discerning consumers seeking premium experiences.
Wilmington planners to weigh in on legal weed business within city limits
The Wilmington Planning Commission will hold a special meeting Tuesday, Oct. 1, 2024, to consider permitting the recreational marijuana industry.
Minnesota tribes may soon create cannabis businesses off reservations
Minnesota marijuana businesses are in the home stretch and hoping to win licenses allowing them to open next year.
Hundreds of new legal weed shops could soon open in NY in cannabis lawsuit settlement
A settlement has been reached in a lawsuit that has placed a blockade on New York’s legal cannabis market, paving the way for hundreds of new pot shops to open. The settlement is expected to bring an end to an injunction that has ground the rollout of licensed weed...
22nd Century Group selling cannabis business
22nd Century Group, which is aiming to cut costs, will sell its cannabis and hemp business to a Nevada-based buyer. Buffalo-based 22nd Century Group has agreed to sell its GVB Biopharma to Specialty Acquisition Corp., in a deal valued at $2.25 million. The transaction...
22nd Century plans to exit cannabis business at steep loss
Richard Craver 22nd Century Group Inc. is exiting the hemp/cannabis sector after less than 1½ years at a steep financial cost. 22nd Century, based in Buffalo, has its cigarette-manufacturing operations in a 62,000-square-foot plant in Mocksville. The manufacturer...
Cannabis board OKs settlement of lawsuit that had delayed rollout of stores
ALBANY — New York’s marijuana regulators approved a settlement Monday that could speed up the opening of stores that had been in limbo because of a lawsuit. The Cannabis Control Board, in a five-minute proceeding, voted 5-0 to approve an agreement that could end a...
Cannabis Execs Raking In Over $400K A Year As Salaries Soar Into 2024
Loading… Loading… Loading… Chief executive officers at the largest cannabis companies by revenue have moved past the $400,000 base salary threshold with annual salaries topping $416,000 —almost ten times what mid-level managers in the...
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