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Why cannabinoid bans fail, and what the federal hemp THC ban extension actually gave operators
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Maine’s recreational marijuana launch delayed until June
Adult-use cannabis sales in Maine will likely kick off in June, three months later than initially anticipated. Recreational sales were expected to begin in March. But a state revenue forecasting committee…
News March 3
More than 35,000 in Missouri approved to buy medical cannabis
In a sign of strong demand that bodes well for the nascent medical marijuana market in Missouri, regulators already have approved more than 35,000 patient registrations.
News March 3
Green Growth Brands returns its focus to marijuana
Ohio-based Green Growth Brands is exiting the CBD market to focus exclusively on running its marijuana operations. Green Growth Brands agreed to sell an 80% stake in its chain of CBD…
News March 3
Feds subpoena records from CA marijuana firm Weedmaps and others
Prosecutors for a U.S. attorney’s office in California issued a grand jury subpoena for records related to 30 marijuana companies, including the parent of Weedmaps. Although the purpose of the…
News March 3
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
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