Marijuana sales in Colorado reached $186 million in December, the state Department of Revenue (DOR) said Tuesday. For the year 2020, marijuana sales reached $2.1 billion, marking the first time sales topped $2 billion since the state began tracking this data in 2014....

About $31 million from adult-use cannabis taxes is going to nonprofits in Illinois as part of the Restore, Reinvest and Renew, or R3 program, and it’s not all going to Chicago. Cannabis sales for January neared $90 million. Since adult-use sales began in January...

Sales of marijuana concentrates shot up more than 40% last year and accounted for a larger share of the overall cannabis market, as consumers became more comfortable with the intricate process of dabbing and new technology has made the products easier to use. In...

Australia has proposed amendments to the Narcotic Drugs Act that would overhaul the medical marijuana industry by streamlining the licensing process for businesses and assure access for patients. Rhys Cohen, editor-at-large for the Australian publication Cannabiz,...

A Democratic election trifecta – control of the White House and both chambers of Congress – is giving marijuana industry executives hope for federal reform and encouraging investors to pump a record amount of money into cannabis businesses during the initial weeks of...

Illinois set yet another marijuana sales record in January, with nearly $89 million in adult-use cannabis purchases in the first month of 2021. Pandemic notwithstanding, people are still flocking to marijuana retailers one year after legal sales launched. The state...