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Indiana senator introduces bill that would legalize marijuana in the state

Indiana senator introduces bill that would legalize marijuana in the state

by InfluencER | Jan 19, 2021 | Politics and Law

An Indiana senator introduced two new bills last week, which would legalize and regulate marijuana in the state. Senator Karen Tallian introduced SB 87 and 223 which would allow for the regulation and legalization of marijuana.SB 87 would establish a cannabis...
MMJ Group Holdings Ltd to broaden investment portfolio beyond cannabis sector

MMJ Group Holdings Ltd to broaden investment portfolio beyond cannabis sector

by InfluencER | Jan 19, 2021 | Investors

MMJ has expanded the mandate of its investment manager, Parallax Ventures, to include additional investments made under a new amended diversification agreement. the deal will broaden its existing investment mandate to include strategic investments in sectors outside...
Colorado’s Record-Breaking Marijuana Sales Top $2 Billion In 2020

Colorado’s Record-Breaking Marijuana Sales Top $2 Billion In 2020

by InfluencER | Jan 15, 2021 | Sales and Operations

Colorado’s total marijuana sales surpassed $2 billion in 2020, the highest amount since legalization, the state’s Department of Revenue (CDOR) said Tuesday. State dispensaries brought in $175,145,246 in November, a 17 percent increase from 2019. In return, the state...
U.S. Census Bureau Wants To Collect Marijuana Tax Revenue Data From States

U.S. Census Bureau Wants To Collect Marijuana Tax Revenue Data From States

by InfluencER | Jan 15, 2021 | Politics and Law

The U.S. Census Bureau has announced that it plans to begin collecting data on marijuana tax revenue generated by state governments around the country. The federal agency tracks state tax data as part of quarterly reports it issues to provide benchmark financial...
Cannabis firm Aphria grows Q2 revenue, reports CA$120.6M net loss

Cannabis firm Aphria grows Q2 revenue, reports CA$120.6M net loss

by InfluencER | Jan 15, 2021 | Investors

Canadian cannabis company Aphria reported increased quarterly revenue on Thursday for the quarter ended Nov. 30, with a net loss of 120.6 million Canadian dollars ($95.3 million). The Ontario-based firm posted net revenue of CA$160.5 million, a 10% increase over the...
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