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Illinois hits $61 million in recreational marijuana sales in July

The new Illinois adult-use cannabis market has posted increased sales numbers nearly every month since its Jan. 1 launch, and the trend continued in July, when the state's retailers sold…

News August 4
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Chart: Cannabis consumption preferences cross generations as millennials and baby boomers favor inhalable products

For all the strife that seems to exist between millennials and baby boomers, when it comes to marijuana consumption, the two generations actually have much in common. But key differences…

News August 4
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Dominica ‘forging ahead’ with marijuana industry, prime minister says

A draft bill paving the way for a regulated marijuana industry in the Caribbean nation of Dominica will be presented to parliament in the coming weeks, Prime Minister Roosevelt Skerrit…

News August 3
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FDA approves GW Pharmaceuticals’ cannabis drug for new indication

CBD drug Epidiolex received approval from the U.S. Food and Drug Administration to treat seizures associated with a third medical condition, expanding the range of indications for the cannabis-derived medication.…

News August 3
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Saint Vincent medical cannabis industry resilient despite COVID-19 delays

The coronavirus pandemic has caused delays for some medical cannabis businesses in Saint Vincent and the Grenadines, but the chief operating officer of the industry’s regulatory body says the sector…

News August 3
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Nevada OKs partial settlement in marijuana licensing lawsuit

Nevada's Tax Commission endorsed a partial settlement to resolve a consolidated lawsuit from a group of cannabis companies that claimed the state's first round of recreational marijuana licensing was unfair.

News August 3
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Tight capital markets – worsened by COVID-19 – derail Schwazze’s cannabis acquisitions

Already struggling capital markets further tightened by the coronavirus, a declining stock price and an improving legalization outlook for cannabis have combined to derail five of the 10 planned deals…

News August 3
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Shelf-life stability: Here’s what cannabis-infused product makers need to know

Shelf-life stability is no less important to cannabis business owners than it is with traditional food products or dietary supplements.

News August 2
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How to compete with the illicit marijuana market

The illicit marijuana market is among the biggest and most complex challenges facing legal cannabis businesses—one that takes revenue from licensed companies and hampers the growth of state-legal MJ programs…

News August 2
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