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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 4Chart: 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 4Dominica ‘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 3FDA 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 3Saint 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 3Nevada 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 3Tight 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 3Shelf-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 2How 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…
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