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Florida’s marijuana industry nearly doubled jobs, approached $1.23 billion in sales in 2020

Florida’s marijuana industry nearly doubled jobs, approached $1.23 billion in sales in 2020

by InfluencER | Feb 23, 2021 | Sales and Operations

The medical marijuana market in Florida created nearly 15,000 new jobs in 2020 and employs an estimated 31,444 state residents, according to a new analysis. Florida recorded nearly $1.23 billion in marijuana sales in 2020, according to the report posted by Leafly and...
Tobacco Giant Enters CBD space As It looks To Move Beyond Nicotine

Tobacco Giant Enters CBD space As It looks To Move Beyond Nicotine

by InfluencER | Feb 23, 2021 | Sales and Operations

A second UK tobacco firm has turned its attention to cannabis with British American Tobacco launching a new CBD vaping device – Vuse CBD Zone. BAT, which sells Dunhill, Lucky Strike, and Benson & Hedges, disclosed its interest in developing new products for its...
Oregon marijuana firms enjoy booming market fueled by pandemic, consumers shunning illicit suppliers

Oregon marijuana firms enjoy booming market fueled by pandemic, consumers shunning illicit suppliers

by InfluencER | Feb 18, 2021 | Sales and Operations

Oregon recreational marijuana companies are experiencing the best market conditions in years, with demand far outpacing supply because of the COVID-19 pandemic and more consumers forgoing the illicit market in favor of legal retailers. But the question remains whether...
Canadian marijuana producer Tilray reports $271 million loss for year

Canadian marijuana producer Tilray reports $271 million loss for year

by InfluencER | Feb 18, 2021 | Sales and Operations

Cannabis producer Tilray cut its annual loss to $271 million for 2020, an improvement from the Nanaimo, British Columbia company’s $321 million loss in 2019, according to the full-year and fourth-quarter results released Wednesday. Tilray, which is on the verge of...
Recreational pot sales have more than doubled since Maine’s market launch

Recreational pot sales have more than doubled since Maine’s market launch

by InfluencER | Feb 18, 2021 | Sales and Operations

Recreational marijuana sales have more than doubled since the market opened in October, with the Maine Office of Marijuana Policy reporting almost $2.5 million in sales in January. Maine’s 15 licensed adult-use retailers reported 33,521 sales worth $2.47 million in...
Oklahoma medical marijuana sales surpass $800 million for 2020

Oklahoma medical marijuana sales surpass $800 million for 2020

by InfluencER | Feb 17, 2021 | Sales and Operations

Medical marijuana sales in Oklahoma reached a record $831 million-plus for 2020, more than twice that of 2019. Several other states with legal cannabis programs also posted record sales figures for 2020, including Colorado and Illinois. According to Oklahoma Tax...
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