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Nevada Cannabis Market Update: State sales data through Nov. 2019
Nevada is among the largest marijuana markets in the United States, with many large multistate operators having extensive operations in the state.
News February 18Canadian beer sales continue slide in face of rising cannabis sector
The Canadian beer market suffered its biggest decline in years in 2019 as competition increased from other beverage categories and an expanding cannabis industry. Sales volume of domestic and imported…
News February 18What do Acreage’s moves to leverage international brand rights mean for Canopy & Constellation?
Acreage Holdings announced a complex financing on Feb. 7 in which the New York company is raising a net $79 million, with plans for at least $65 million more.
News February 18Marijuana cultivator’s CO2 partnership with craft beer brewer saves money, makes MJ firm more eco-friendly
Two of Colorado’s most high-profile industries – cannabis and beer – recently joined forces under a state-supported pilot project aimed at curbing greenhouse gas emissions. It’s cheaper – about a…
News February 18New Mexico banning nonresident medical cannabis sales
In a move that could hurt sales at medical marijuana dispensaries in New Mexico, the state is ending the program that allowed MMJ cards for nonresidents.
News February 18Republican legislators urge key US senator to oppose marijuana banking
A dozen Republican members of the U.S. House of Representatives are urging U.S. Senate Banking Committee Chair Mike Crapo to oppose legislation that would allow financial institutions to provide banking services to the…
News February 18Chart: New York’s medical marijuana program grows, but future business opportunity hinges on adult-use legalization
While New York’s medical cannabis patient registry increased by more than 23,000 in 2019, growth has slowed significantly because of various market factors leading to a low consumer participation rate.
News February 18Nevada’s new cannabis regulatory board is taking shape
A former state Supreme Court justice and an ex-gambling regulator have been appointed to Nevada’s new state marijuana industry oversight board. Democratic Gov. Steve Sisolak announced that: Retired Justice Michael Douglas will…
News February 17Florida Cannabis Market Update: Trulieve’s THC share offsets CBD losses
Since January 2020, Trulieve has lost significant market share in milligrams of CBD sold, but the company is more than making up for that with increasing market share for THC…
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