Are recreational marijuana sales in Illinois underperforming given the state’s large population?
While Illinois topped $1 billion in total cannabis sales in 2020 as consumers scooped up adult-use products, the new recreational marijuana market […]
Category: United States Cannabis Industry & Marijuana Business News
Edibles outperform cannabis industry growth in 2020 on COVID-spurred sales surge
Cannabis edibles sales grew at a rate exceeding the overall growth of the marijuana industry in 2020, prompting manufacturers to invest in […]
Want to sell your marijuana business? Here’s how to get it ready for sale
Acquisitions remain a key strategy for companies looking to enter or expand their reach within the marijuana s industry, but sellers must […]
Oregon marijuana sales reach record $1 billion-plus in 2020
Recreational cannabis sales exceeded $1 billion in Oregon last year, coinciding with the coronavirus pandemic outbreak and mirroring record-high sales in other […]
Vireo closes $4 million purchase of Nevada cannabis production facilities
Cannabis multistate operator Vireo Health said it has finally closed on a 2018 deal valued at $4 million to purchase four Nevada […]
Montana lawmakers deny money to set up recreational cannabis program
Montana lawmakers rejected a $1.35 million budget request to fund the state’s recreational cannabis program, raising uncertainty about the program’s ability to […]
L.A. marijuana businesses seek hearings over expired city permits
A small band of the roughly 57 companies whose marijuana business permits expired on New Year’s Eve filed a lawsuit asking a […]
Texas medical marijuana operators ‘push but not shove’ to expand state’s limited MMJ program
Texas’ limited medical marijuana program is considered economically unviable for MMJ companies, generating sales that represent a fraction of what one industry […]
Oregon regulators recall contaminated cannabis extracts, flower
Oregon state cannabis regulators are recalling recreational cannabis products for pesticide contamination. Oregon regulators recall contaminated cannabis extracts, flower is a post […]
New York governor presses again for legalizing recreational cannabis
New York Gov. Andrew Cuomo said Wednesday he will push for the state to legalize a commercial recreational cannabis program that provides […]