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These 8 States Sold $12.8 Billion of Adult-Use Cannabis in 2021
Colorado’s per-capita sales estimate of $429 for its 21-and-older population topped the chart. Far fewer states have launched commercial adult-use cannabis sales than medical cannabis sales, but those that have made the recreational jump are raking in the dough. In...
Legal weed in NM may be a buzzkill for Colorado dispensaries
Legal recreational cannabis has been an economic boon for Trinidad and many other small towns across Colorado's southern border. But New Mexico's recent legalization of recreational cannabis could force dispensaries in the region to adapt to shifting demand as...
New Mexico marijuana legalization poses a serious threat to Colorado’s lucrative border-town pot shops
When Colorado legalized the retail sale of marijuana in 2012, savvy entrepreneurs saw an opportunity beyond setting up shop in population centers like Denver and Boulder. They realized if they opened cannabis businesses in small towns along the state’s borders, they...
Medical Cannabis Firm Sues Oklahoma over Tracking System
A DR Z Leaf dispensary in the state of Oklahoma recently filed a suit in an attempt to stop the execution of a cannabis tracking program in the coming weeks. The litigation, which was filed by the medical cannabis operator, also disputes whether the state’s Department...
Legalization Bid Boost Outlook for the Cannabis Industry
Uncle Sam gave marijuana lovers more reason to celebrate this week as a bipartisan group of lawmakers in the House of Representatives passed a bill that would make it easier for cannabis companies to do business in states where sales are legal. The vote on the Secure...
First European Medical Cannabis Tech Accelerator To Be Opened In Malta
Established by two female co-founders Lilac Mandeles and Yona Cymerman – who are based in Israel, the TechforCannEU accelerator program allows entrepreneurs to reach milestones faster, with less error and expense, ultimately increasing their probability...
Verano Holdings to Invest $115.5 Million in Acquisitions for Pennsylvania Expansion
Verano Holdings Corp, a leading multi-state cannabis company, today announced it has entered into definitive agreements for all of the issued and outstanding equity interests in Agri-Kind, LLC, Agronomed Holdings Inc., and Agronomed Biologics, LLC, which collectively...
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