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Analyst Says New Jersey Rec Marijuana Market Holds High Potential Despite Slow Start, Here’s Why
New Jerseyans spent $24 million on weed during the first month of recreational sales, roughly $5 million a week after a record-breaking first day when $2 million worth of cannabis was purchased. Cantor Fitzgerald’s analyst Pablo Zuanic said in his recent note that New...
IND HEMP and Hempitecture Announce Supply Partnership for Domestically Produced Hemp Fiber Nonwoven Insulation
IND HEMP and Hempitecture announced the coordinated supply chain partnership to produce and manufacture natural hemp fibers for Hempitecture's nonwoven Hempwool insulation in the western United States. IND HEMP coordinates genetics, agronomy, and...
Heritage Cannabis Sells Interest In Blockchain-Focused TechFirm To Fuel Its Marijuana Operations
Heritage Cannabis Holdings Corp. CANN HERTF has sold its interest in Stanley Park Digital Ltd., a technology consulting company that focuses on all aspects of blockchain technology, based in Vancouver, BC, for total cash proceeds of approximately CA$608,649...
How much THC can you legally eat or drink? – The EU sets the standard for cannabis-infused foods
How much cannabis can you put in a drink or food in Europe? The European Commission (EC), which is the regional unit charged with creating cannabis laws for all members of the EU, has finally released guidelines for the highest acceptable level of THC that can be...
New Mexico Signs Marijuana Agreements With Tribes Days Ahead Of Legal Sales Launch
Legal recreational cannabis sales begin in New Mexico this week, and two tribal communities are ready to jump into the industry. The Pueblos of Picuris and Pojoaque signed an intergovernmental agreement with New Mexico that allows them to regulate their own marijuana...
South Dakota picks Metrc to monitor growth, sales of legal cannabis
A New York-based software company will help South Dakota’s cannabis industry and its regulators monitor the flow of marijuana in the state’s legal market. The Department of Health this month finalized a contract with Metrc, which will provide exclusive seed-to-sale...
Canada Introduces Proposal to Increase Marijuana Beverage Purchase Limits
As the cannabis industry matures, the cannabis-infused beverage segment is expected to offer fierce competition to other types of cannabis products. Market experts project that the segment will grow at a compound annual growth rate of 16% to achieve a valuation of $2...
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