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Montana’s recreational cannabis sales reach almost $203 million in first year

Montana marijuana retailers sold $202,947,328 worth of recreational cannabis in 2022, the first year of the state's adult-use program.

News January 5
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US Virgin Islands on cusp of legalizing adult-use marijuana

A veto-proof majority of lawmakers in the U.S. Virgin Islands voted to send an adult-use marijuana measure to the desk of Gov. Albert Bryan.

News January 5
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Detroit launches recreational cannabis sales after series of delays

Recreational cannabis sales kicked off in Detroit on Wednesday at two medical marijuana dispensaries that recently were licensed to serve adult-use customers.

News January 5
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Illinois changes rules for social equity adult-use marijuana license applicants

Illinois regulators implemented several modifications for social equity applicants vying for one of the state’s 55 new adult-use retail licenses this month.

News January 5
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Colombian government-funded health insurance now covers medical cannabis

Government-funded health insurance in Colombia now includes medical cannabis coverage, potentially expanding the market for therapeutic marijuana in the South American country.

News January 5
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South Carolina lawmakers make fresh medical marijuana legalization push

Lawmakers in South Carolina are planning a bipartisan push to legalize medical marijuana this year in the conservative Southern state, one of the few remaining places in America where MMJ…

News January 5
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Opinion: How to handle accounts receivable as inflation eats at cannabis profits

Inflation has had a substantial detrimental impact on the cannabis market, particularly in terms of how it is impacting accounts receivable.

News January 5
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Florida adult-use marijuana legalization petition garners nearly 150K signatures

Florida adult-use marijuana legalization advocates have collected almost 150,000 valid signatures in an effort to include the issue on the 2024 ballot.

News January 4
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Aurora Cannabis sells closed Polaris facility for proceeds of CA$15 million

Canadian marijuana producer Aurora Cannabis sold off its former Aurora Polaris facility to an unspecified buyer for gross proceeds of 15 million Canadian dollars ($11.1 million).

News January 4
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