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How the pandemic became a bonanza for Florida’s medical marijuana industry
Rising anxiety and worsening chronic health conditions led to a surge in demand for cannabis that businesses have capitalized on. But thanks to state law, the industry is dominated by just 22 companies. The pandemic has triggered a medical marijuana boon in Florida....
A Cash Bust in Kansas is Worrying Missouri’s Cannabis Industry
A clash of cannabis laws hovers over the mysterious May seizure of $165,620 in Missouri medical marijuana-generated cash by federal agents with the Drug Enforcement Administration. The money was being delivered across Kansas — where state law considers marijuana...
1 year of medical marijuana in Missouri: A look at the patients, jobs and tax revenue
Waking up early takes his grandson to school, runs errands, and relaxes with his dog. Larry Simpson’s daily rituals are pretty routine for a 73-year-old retiree in Sunset Hills, Missouri. “Midafternoon I want to go in my chair in there and read my book,” he said. “I...
Marijuana sales in Canada rose by nearly 25% during the COVID-19 pandemic
The COVID-19 pandemic led to an increase in sales of all kinds of vices, but marijuana purchases increased more than others, a new study suggests. Researchers from McMaster University in Hamilton, Ontario, Canada gathered sales data of marijuana and alcohol in their...
Ohio Retail Cannabis Prices Driving Patients Across State Lines Says Cannabis Benchmarks
While Michigan has undergone a price rout in 2021, with wholesale flower prices falling nearly $500 per pound, the state is virtually guaranteed to attract business from neighboring Ohio where medical cannabis is legal, but prices are significantly higher. Under...
New Mexico Considers Changes To Limit Recreational Cannabis Tourism
Marijuana Retail Report write.. New Mexico might implement new laws that would limit recreational cannabis tourism. Officials claim these limits would ensure public safety. Regulators in New Mexico held a public hearing this week to discuss rules for the state’s...
Massachusetts pot shops are a billion-dollar market, but cannabis industry still faces hurdles
While recreational marijuana sales have soared in 2021 as Massachusetts emerges from the pandemic, business complications and governmental actions have slowed the pace of the industry’s growth, cannabis advocates say. Massachusetts legalized marijuana in 2016,...
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