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Massachusetts Marijuana Establishments Surpass $3 Billion in Gross Sales

Massachusetts Marijuana Establishments Surpass $3 Billion in Gross Sales

by InfluencER | May 19, 2022 | Sales and Operations

Aggregate data recorded in Metrc by 216 Marijuana Retailers and 11 delivery businesses operating statewide showed that on May 14, $3,001,846,490 in gross sales had been generated since the first two adult-use retail stores on the East Coast opened for business on...
State Marijuana Regulators Say Banking Fix Will Make Their Jobs Easier In Addition To Helping Businesses

State Marijuana Regulators Say Banking Fix Will Make Their Jobs Easier In Addition To Helping Businesses

by InfluencER | May 19, 2022 | Politics and Law

As lawmakers work to advance marijuana banking reform, a coalition of cannabis regulators representing 40 U.S. states and territories are explaining to Congress just what the current lack of access to traditional financial services means—not just for the businesses...
Local Washington Lawmakers Approve Cannabis Safety Taskforce Amid Wave Of Robberies

Local Washington Lawmakers Approve Cannabis Safety Taskforce Amid Wave Of Robberies

by InfluencER | May 19, 2022 | Politics and Law

King County Council has voted for a cannabis safety task force to aid in the prevention of crime targeting marijuana businesses. The legislation was sponsored by King County Councilmembers Reagan Dunn and Jeanne Kohl-Welles and passed by the King County Council on...
The Great Fertilizer Shortage: Russia’s Influence on Our Crops

The Great Fertilizer Shortage: Russia’s Influence on Our Crops

by InfluencER | May 19, 2022 | Production

The global supply chain was massively disturbed when the pandemic hit at the start of 2020, and the sanctions that have been imposed following Russia’s invasion of Ukraine this year are impacting the cannabis industry down to its roots. As the cost of fertilizer...
California Cannabis Farmers May Finally Get Some Relief

California Cannabis Farmers May Finally Get Some Relief

by InfluencER | May 19, 2022 | Production

Residents of California often complain about high taxes, but no one pays higher taxes than the cannabis industry. In addition to the Federal 280E penalties, the cannabis industry in California is subject to a 15% state-wide excise tax, sales and use taxes that can...
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