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Canada’s unsold cannabis inventory levels off at 1.1 billion grams

Canada’s unsold cannabis inventory remains close to an all-time high, but the glut may be showing signs of easing as production fell sharply in December.

News April 26
A chart map showing states where marijuana legalization is in play.

These states could still legalize recreational or medical cannabis in 2021

Several more states could legalize adult-use or medical marijuana before their legislative sessions adjourn in 2021, possibly generating hundreds of millions of dollars in new business opportunities in the coming…

News April 26
Marijuana compensation spectrum

Cannabis industry’s success is spurring more competitive salaries, benefits

The cannabis industry continues to pay competitively, with statistics from recruiters showing year-over-year compensation increases for most top, mid- and lower-level positions.

News April 25
Representative Matt Gaetz (R-Florida) official headshot

Federal probe into Florida congressman said to include his marijuana ties

Federal investigators reportedly are looking into whether embattled Republican Congressman Matt Gaetz of Florida took gifts in exchange for politically influencing medical marijuana policy. CNN reported Friday that U.S. Justice…

News April 23
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US appeals court denies cannabis firm Harborside’s bid to end 280E

A U.S. appeals court has rejected California-based Harborside's bid to stamp out Section 280E of the Internal Revenue Code, dealing a major blow to the marijuana industry's hopes of eliminating…

News April 23
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Canadian cannabis edibles sales top CA$100 million in first year

Canadians purchased 109 million Canadian dollars ($87 million) worth of recreational cannabis edibles in 2020, the first full year they were available in the country, according to data recently published…

News April 23
Table showing the differences between the marijuana social equity programs in New York and Illinois.

New York’s marijuana social equity program eyed as possible game changer

New York recently enacted an adult-use marijuana law that many industry experts believe has the most robust provisions yet for including minorities, women, war veterans and struggling farmers in the…

News April 23
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General Cannabis enters retail business via $39.5 million Trees deal

A Denver marijuana wholesale and consulting company broke into the retail side of the industry by agreeing to purchase a cannabis retailer with operations in Colorado and Oregon.

News April 22
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Florida’s highest court rejects adult-use marijuana ballot measure

Florida Supreme Court delivered a crushing blow to an effort to put adult-use marijuana legalization on the ballot in 2022, ruling that the initiative is “misleading.” The 5-2 decision means…

News April 22
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