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Cannabis industry goes all-in on banking push before midterms
The cannabis industry is pushing lawmakers to get a marijuana reform bill to President Biden’s desk before the November midterms, fearing that a Republican takeover of Congress could doom its chances. In an in-person lobbying blitz last week, more than 20 chief...
Colorado’s Record-Breaking Marijuana Sales Top $2 Billion In 2020
Colorado’s total marijuana sales surpassed $2 billion in 2020, the highest amount since legalization, the state’s Department of Revenue (CDOR) said Tuesday. State dispensaries brought in $175,145,246 in November, a 17 percent increase from 2019. In return, the state...
Cannabis Companies Urge California Authorities to Prioritize Their Employees During COVID Vaccination
Close to a year after the coronavirus appeared in Wuhan, China, eventually wreaking untold havoc on the world at large, scientists have developed vaccines that can provide immunity against the virus. However, it won’t be until spring at the very least before the...
Oregon marijuana sales reach record $1 billion-plus in 2020
MJ Biz reported that Marijuana sales in Oregon exceeded $1 billion last year, with the vast majority of transactions coming from state-owned recreation cannabis retailers, coinciding with the coronavirus pandemic and mirroring record sales in other legal markets....
ARKANSAS OPENS UP MEDICAL MARIJUANA PROCESSOR, TRANSPORTER LICENSING
Newmarket opportunities are being provided by the rapidly expanding Arkansas medical marijuana program: processor and transporter licenses. Scott Hardin, the spokesman for the Arkansas Medical Marijuana Commission, wrote in an email that there was no limit on the...
Land and Costs for Investing in Lebanon’s Medical Cannabis Industry under the new Medical Cannabis Law
In April of 2020, the Lebanese Government legalized the use of cannabis for medical purposes. In this article, we will discuss some of the practical expectations regarding the investment dynamics in the current Lebanese environment and under the new Law. The currently...
Illinois Sold More Than $1 Billion Worth Of Legal Marijuana In 2020, New State Data Shows
Illinois has reached a marijuana milestone, surpassing more than $1 billion in legal cannabis sales in 2020, new state data shows. It was just one year ago that regulated recreational cannabis sales launched in Illinois, and the state has seen a significant upward...
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