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Colorado Marijuana Sales Reached $167 Million In February

Colorado Marijuana Sales Reached $167 Million In February

by InfluencER | Apr 14, 2021 | Sales and Operations

Total marijuana sales in Colorado reached $167 million in February, the state’s revenue department announced on Friday. The total represents a $20 million decline in sales from the previous month. However, Colorado’s overall sales for the first two months of 2021...
Dispensaries Expecting Big Sales Prior To 420 Holiday

Dispensaries Expecting Big Sales Prior To 420 Holiday

by InfluencER | Apr 14, 2021 | Sales and Operations

Enterprise software company Akerna just released a Flash Report tracking buying trends related to this year’s 4/20 cannabis consumption holiday, and the news for the industry is favorable. The weekend preceding 4/20, which lands on a Tuesday this year, is pegged by...
Illinois Already Earns More Tax From Cannabis Than Alcohol

Illinois Already Earns More Tax From Cannabis Than Alcohol

by InfluencER | Apr 14, 2021 | Sales and Operations

Illinois took in more tax dollars from marijuana than alcohol for the first time last quarter, according to the state Department of Revenue. From January to March, Illinois generated about $86,537,000 in adult-use marijuana tax revenue, compared to $72,281,000 from...
Uber Will ‘Absolutely’ Explore Marijuana Deliveries When Federal Prohibition Ends, CEO Says

Uber Will ‘Absolutely’ Explore Marijuana Deliveries When Federal Prohibition Ends, CEO Says

by InfluencER | Apr 13, 2021 | Sales and Operations

The CEO of Uber said on Monday the rideshare company will “absolutely” explore adding marijuana deliveries to its services when federal prohibition ends. Dara Khosrowshahi was asked about the prospect of expanding his business to include cannabis deliveries during an...
New York Will Impact Global Cannabis Market Like No Other Region

New York Will Impact Global Cannabis Market Like No Other Region

by InfluencER | Apr 13, 2021 | Sales and Operations

Despite being half the size of the legal cannabis market in California, New York is poised to impact the larger industry and culture beyond its state lines and U.S. borders. Why it matters: Even as cannabis is still simultaneously illegal at a federal level and only...
CannTrust’s cannabis license suspended after illegal grows discovered, stock falls 12%

CannTrust’s cannabis license suspended after illegal grows discovered, stock falls 12%

by InfluencER | Apr 12, 2021 | Sales and Operations

CannTrust Holdings Inc. said Tuesday afternoon that Health Canada has suspended the cannabis company’s license to produce and sell cannabis. Regulators halted CannTrust stock Tuesday morning pending news after its U.S.-traded shares fell 3.3% in morning trading. Once...
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