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Week in Review: US cannabis sales to top $15B, Illinois licensing delays, NJ at forefront of legalization & more

Medical and recreational cannabis sales in the United States are on track to exceed $15 billion this year, a jump of 40% over 2019, according to the new Marijuana Business Factbook.

News July 3
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An up-close look at COVID-19’s impact on US marijuana sales

Eli McVey, research analyst for Marijuana Business Daily, presented his research this week on how the COVID-19 pandemic has influenced cannabis sales and the behavior of adult-use and medical cannabis…

News July 2
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San Francisco, Oakland advise marijuana firms about possible attacks

San Francisco and Oakland cannabis companies were warned this week that expected July Fourth weekend protests could lead to more burglaries, akin to how some criminals targeted marijuana businesses during…

News July 2
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Adult-use cannabis legalization in AZ appears headed for November ballot

Based on signatures submitted to the state this week, an industry-backed initiative to legalize a commercial recreational marijuana market in Arizona appears likely to get on the November ballot. The…

News July 2
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Bermuda weighs cannabis legalization to boost post-pandemic economy

Consultations wrap up this week on Bermuda’s proposal to legalize and regulate adult-use and medical cannabis, which the government says could spur new opportunities in the post-pandemic economic recovery. The…

News July 2
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German government may end up buying more medical cannabis than expected, but at a lower price

The German government has clarified the quantities and price of medical cannabis flower it could buy from domestic producers, confirming that growers have the option to sell – and, to…

News July 2
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Employees at Massachusetts marijuana firm vote to unionize

Employees at New England Treatment Access, a cannabis company based in Massachusetts, voted to form a union under the United Food and Commercial Workers – becoming the latest marijuana industry…

News July 2
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Health Canada: ‘Any celebrity affiliation with cannabis has potential to be noncompliant’

Any celebrity affiliation with a cannabis product, including promotions and marketing, has the potential to be noncompliant with federal law, according to Canada’s cannabis regulator. The warning comes as some…

News July 2
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Finding sustainable packaging options for cannabis products

Cannabis companies can do their part in the sustainability movement - and seek higher price points for their products - by selecting packaging that can be recycled or is made…

News July 2
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