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Colorado Sold More Than $2 Billion In Legal Marijuana Last Year

Colorado Sold More Than $2 Billion In Legal Marijuana Last Year

by InfluencER | Feb 11, 2021 | Sales and Operations

Marijuana sales in Colorado reached $186 million in December, the state Department of Revenue (DOR) said Tuesday. For the year 2020, marijuana sales reached $2.1 billion, marking the first time sales topped $2 billion since the state began tracking this data in 2014....
New Mexico Marijuana Legalization Bills Get First Hearing This Week

New Mexico Marijuana Legalization Bills Get First Hearing This Week

by InfluencER | Feb 11, 2021 | Politics and Law

As the governor of New Mexico steps up her push to enact marijuana legalization, a House committee is set to take up two separate proposals to end cannabis prohibition at a hearing this weekend. One bill that will be considered by the Health and Human Services...
Senate Majority Leader Schumer’s marijuana reform push embraced, but stiff challenges await

Senate Majority Leader Schumer’s marijuana reform push embraced, but stiff challenges await

by InfluencER | Feb 11, 2021 | Politics and Law

Senate Majority Leader Chuck Schumer’s commitment to make federal marijuana reform a priority sent cannabis stocks surging last week and thrilled advocates, but experts caution that high hurdles persist for comprehensive legislation to pass Congress. What makes the...
Power REIT raises $37 million in rights offering for marijuana acquisitions

Power REIT raises $37 million in rights offering for marijuana acquisitions

by InfluencER | Feb 11, 2021 | Investors

Specialty real estate investment trust Power REIT, which has a portfolio that includes marijuana production facilities, raised $37 million through a rights offering that sold roughly 1.4 million shares at $26.50 per share. “The capital generated from the rights...
Weather Vagaries Trigger Medical Marijuana Shortages in Jamaica

Weather Vagaries Trigger Medical Marijuana Shortages in Jamaica

by InfluencER | Feb 11, 2021 | Production

Jamaica, a country that has long been associated with cannabis, reggae, and Rastafarianism is running low on marijuana. Despite being named after sturdy plants that can generally withstand most kinds of terrains and weather extremes, “weed” actually requires a...
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