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Montana marijuana sales total $73M so far this year
Montana’s recreational cannabis sales through the first quarter of the market’s first year are outpacing projections and it’s not even tourism season yet. Montana providers have sold $72.9 million in cannabis products, including both medical and recreational, since...
Marijuana Extracts: The New Focus of the Marijuana Industry
As the global marijuana industry continues growing, major businesses are partnering with companies in the industry, conducting research and exploring marijuana in an attempt to develop new product lines for the medical and recreational segments of the industry. In...
Isle of Man Opens License Applications for New Cannabis Export Sector
City AM reports The Isle of Man (IOM) government has opened license applications for the production, distribution, and export of medicinal cannabis products from the island. It marks a major step in the IOM’s bid to be a world-leading exporter of medicinal cannabis,...
Fiore Cannabis to Acquire California Cannabis Delivery Firm in $1.2 Million Transaction to Strengthen Market Focus
Fiore Cannabis Ltd, a licensed multi-state cannabis cultivator, producer, and retailer, today announced it has signed a Letter of Intent to purchase California Patients Club (“CPC”), a cannabis delivery company operating in the state of California, for US$1.2 million...
Cannabis Industry Faces Layoffs Amid Recent Struggles
The cannabis industry has been left reeling recently after major players in the space announced large workforce reductions. The layoffs came amid slow retail rollouts, industry scandals, and poor quarterly results, which have weighed down the beleaguered sector. Last...
Demand for Cannabis Beverages Seems Poised to Explode
A report released by Headset in March stated that advancements in marijuana infusion technology and the introduction of new brands into the market would boost cannabis beverage sales. The marijuana analytics firm noted that since the start of last year, cannabis...
Maine’s Cannabis Retailers Break Record, Sell $5.36 Million in May
Maine’s marijuana retailers sold approximately $5.36 million in adult-use products during the month of May, making it the highest-grossing month since the industry launched. Coming in $1 million above the previous record-breaking month of April, retailers conducted...
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