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Why word of mouth still drives cannabis deals
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Washington state adult-use cannabis generates huge impacts, but tax burden high
Washington state’s adult-use marijuana industry directly employed 11,330 workers and generated more than $1.4 billion in revenue in 2020, according to a first-ever economic analysis of the market.
News January 11
Supply-chain crunch hits California marijuana companies
California marijuana companies - already facing labor shortages, high taxes and regulatory red tape - are now contending with supply-chain gridlock, forcing many to reassess and revamp procurement strategies as…
News January 11
Author of SAFE Banking cannabis measure won’t seek reelection this year
Colorado Democrat Ed Perlmutter, a champion in the U.S. House of Representatives for cannabis reform, announced Monday he won't run for reelection in 2022.
News January 10
Arkansas registers $264.9 million worth of medical cannabis sales in 2021
Medical cannabis dispensaries in Arkansas sold a total of $264.9 million worth of MMJ in 2021, according to data released by the state's Department of Finance and Administration (DFA).
News January 10
Oklahoma aims to beef up enforcement efforts on illicit medical marijuana businesses
Oklahoma's enforcement against unlicensed medical marijuana companies is likely to increase significantly in 2022 now that state regulators have taken advantage of increased funding and have ramped up hiring of cannabis…
News January 10
New Jersey chooses Metrc to supply cannabis traceability system
New Jersey selected Florida-based Metrc to provide seed-to-sale tracking for the state's licensed cannabis program.
News January 10
Advocates raise alarm about effort in Virginia to cut marijuana social equity fund
Minority-business advocates are concerned about a Republican-led bill in Virginia that would eliminate social equity funding for the state’s adult-use marijuana program.
News January 10
Tilray, Budweiser maker AB InBev end cannabis beverage partnership
The world’s leading brewer, AB InBev, and Canada’s leading cannabis producer by market share, Tilray, have ended their partnership, the New York-based cannabis company quietly acknowledged in a regulatory filing…
News January 10
Tilray misses ‘muted expectations’ on plunging cannabis sales
Tilray reported net revenue of $155. 1 million (196 million Canadian dollars) in the quarter ended Nov. 30, considerably lower than consensus expectations of $170 million in cannabis sales, citing…
News January 10
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