Chart: US cannabis industry’s economic impact could hit $130 billion by 2024
American marijuana businesses could pump up to $130 billion on an annual basis into the U.S. economy by 2024, a staggering figure […]
Category: United States Cannabis Industry & Marijuana Business News
Rhode Island approves first medical cannabis lab
Rhode Island licensed its first lab to test medical marijuana, a move that likely will prove beneficial to the dispensary and cultivation […]
2% of Long Beach, CA, marijuana social equity applicants operating
Just one out of 50 business applicants who qualified for Long Beach’s marijuana social equity program has actually entered the California city’s […]
Flurry of investor interest in Arizona sparked by prospect of recreational marijuana legalization
Investors and cannabis companies are jockeying for a stake in Arizona’s $750 million-plus marijuana market in advance of a likely adult-use legalization […]
How marijuana companies can prepare for the dawn of federal legalization
Though U.S. cannabis entrepreneurs might be skeptical that federal marijuana reform will happen anytime soon, experts say it’s not too early to […]
Week in Review: Israel’s impressive cannabis import totals, sizzling marijuana sales, social equity guidelines & more
The world’s largest importer of cannabis flower is … Israel surpassed Germany in 2020 as the top global importer of cannabis flower. […]
Massachusetts marijuana corruption trial pushed until early 2021
The trial of a former Massachusetts mayor accused of trying to extort $600,000 from at least four prospective marijuana businesses was delayed […]
California REIT, Curaleaf strike $5.5M cannabis deal on New Jersey property
Innovative Industrial Properties, a San Diego-based, marijuana-centric real estate investment trust (REIT), has solidified yet another sale-leaseback deal, this time partnering on […]
Arkansas medical marijuana growers sue to keep others from entering market
Five Arkansas companies with permits to grow medical cannabis are suing to stop three more cultivation licenses from being issued. The lawsuit […]
Rhode Island taking applications for six more medical cannabis dispensaries
Rhode Island medical cannabis regulators started accepting applications Friday for six potentially lucrative dispensary licenses, a move that will triple the number […]