by InfluencER | Jul 17, 2020 | Investors
TILT Holdings recently announced $42.4 million in revenue for the first quarter of 2020, after challenging the first 18 months as a public company. The TILT platform is expanding as a result of its diversified market. The Platform serves more than 2,000 cannabis...
by InfluencER | Jul 17, 2020 | Politics and Law, Sales and Operations
According to the NJ Herald, The New Jersey sales tax on medical marijuana will be cut to 4% on July 1, down from 6.625%. The tax cut is the first step in a three-year tax phase-out plan that was a key part of last year’s Jake Honig Compassionate Use Medical Cannabis...
by InfluencER | Jul 17, 2020 | Politics and Law
Ultra Health, one of New Mexico’s largest medical cannabis producers, is currently suing the state’s Department of Health over its new medical cannabis regulations. According to a Santa Fe New Mexican report, the company filed the lawsuit on July 10, after the state...
by InfluencER | Jul 17, 2020 | Sales and Operations
Reports show that the sales of legal marijuana are surpassing money spent on common items like toothpaste. The Marijuana Business Fact Book shows that the “total marijuana sales now exceed the NBA’s annual U.S. revenue and, by 2024, could surpass Americans’...
by InfluencER | Jul 17, 2020 | Dispensaries
On Tuesday, the San Diego City Council unanimously approved a streamlined renewal process for dispensaries. The new process allows dispensaries to soften requirements as the city does not require a public hearing and allows renewals even if a “sensitive use” like a...