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Marijuana retailers near Illinois borders benefit from out-of-state customers, offer warnings on crossing boundaries with MJ
Cannabis retailers in Illinois border towns are seeing strong sales to customers from neighboring states but are spending time and money training their employees to warn people that it is…
News March 3
Expected delay in vote on WHO cannabis scheduling recommendations spurs US official to express ‘regret’ over decision
A United Nations drug policy agency this week is expected to postpone a vote on the World Health Organization’s cannabis scheduling recommendations, prompting a U.S. representative in Vienna to voice…
News March 3
Florida Cannabis Market Update: Trulieve retains lead in stable week
Looking at the data for total milligrams sold in the Florida cannabis space for the past four weeks, Trulieve continued its dominance with 51.5% market share in the state.
News March 3Comp Tables as of March 2, 2020: Multiples continue to compress
These comp tables provide a benchmark for private investors to evaluate existing and future investments, a way for companies to judge their own valuations for current and future capital raises…
News March 3
Chart: California lags other adult-use markets in per capita marijuana sales
While California has the potential to be the largest legal cannabis market in the world, the state still lags other recreational markets in per capita sales – due in large…
News March 3
Marijuana giant Cresco Labs’ co-founder resigns as president
Joe Caltabiano, the co-founder of multistate marijuana operator Cresco Labs, on Monday announced he has resigned as president of the Chicago-based company, becoming the second high-profile founder to step down…
News March 2
UK eases import restrictions for medical cannabis
The United Kingdom is easing import restrictions for medical cannabis, a move that is expected to improve the dismal numbers the market has seen to date. Licensed wholesalers of medical…
News March 2
International and bulk cannabis sales punish Tilray’s bottom line
Cannabis producer Tilray became the latest Canadian marijuana company to report earnings well below market expectations. The British Columbia-based company reported a net loss of $219 million for the quarter…
News March 2
Medical cannabis sales begin in Utah
Utah's first medical marijuana dispensary opened Monday as the state begins a gradual rollout of its medical cannabis program.
News March 2
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