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Local Marijuana Bans in California Keep Illicit Market Alive and Block Revenue, Study Shows

Local Marijuana Bans in California Keep Illicit Market Alive and Block Revenue, Study Shows

by InfluencER | Aug 17, 2020 | Politics and Law

According to a new study, local bans on marijuana businesses in California are helping the illicit market to thrive. Many industry experts point out how the local bans are depriving the state and municipalities of tax revenue that could help offset economic losses...
Colorado breaks state record for monthly marijuana sales; nearly $200 million sold in June: Report

Colorado breaks state record for monthly marijuana sales; nearly $200 million sold in June: Report

by InfluencER | Aug 17, 2020 | Sales and Operations

In Colorado, the retail marijuana industry reportedly has officially set a new state record for monthly medical and recreational cannabis sales. The Denver Post reported that Marijuana sold $198,873,210 worth of products in June 2020, up 3.5% from the previous record...
Illinois sees record marijuana sales amid pandemic

Illinois sees record marijuana sales amid pandemic

by InfluencER | Aug 17, 2020 | Sales and Operations

In Illinois, Marijuana sales have set a record for the State. According to the state, figure sales have totaled more than $300 million since the start of the year, with July having the most sales of any month. Records show “July cannabis sales hit $61 million, which...
US biopharm tech company specializing in cannabis seeks partnership in Israel

US biopharm tech company specializing in cannabis seeks partnership in Israel

by InfluencER | Aug 17, 2020 | Pharma

On Friday, PAO Group, Inc., a biopharmaceutical technology company that offers medicinal cannabis solutions, announced they would “aggressively pursue international research partnerships” – with their eye specifically set on Israel. Officials commented they believe...
Argentina To Open Industrial Park for Cannabis Cultivation, Processing in Public Private Partnership

Argentina To Open Industrial Park for Cannabis Cultivation, Processing in Public Private Partnership

by InfluencER | Aug 17, 2020 | Production

Argentina will open the first industrial park in San Pedro, to produce cannabis and its derivatives. The project will take the form of a public-private initiative, in collaboration with the company Clúster Agroindustrial y Tecnológico del Cannabis. The joint venture...
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