Record-setting acquisition hits US marijuana industry and more of the week’s top news
A record-setting acquisition shakes up the U.S. cannabis space, two notable investors and a beverage industry veteran sign on with marijuana businesses, New Jersey politicians strike a deal to establish the state as an adult-use trailblazer on the East Coast – and more of this week’s important headlines from around the MJ industry.
Alaska’s lieutenant governor approves rules for on-site cannabis consumption
Alaska’s lieutenant governor signed into law rules to allow on-site consumption of marijuana at some licensed retailers, becoming the first state to legalize social cannabis consumption.
Chart: Adult-use marijuana sales spike 7% on Valentine’s Day
Valentine’s Day isn’t just an opportunity to express love, it’s also an opportunity to spend – a trend that is reflected in retail marijuana expenditures in several adult-use markets.