On Wednesday, Statistics Canada issued two reports on the impact the marijuana industry is having in the country. In the first report, the Government of Canada says it earned C$186 million from taxes on legal marijuana products in the first five and a half months...

In newly legal states, there is a great money and a great potential for cannabis service and product suppliers, such as insurance professionals. According to Roy Bingham, co-founder of BDSA, a data analytics firm focused on the cannabis industry, mentioned, with...

Despite the life-changing events of 2020, the U.S. cannabis industry has remained relatively stable. When the coronavirus pandemic broke out, several industries essentially shut down while others limped on with ever-dwindling revenues, resulting in the worst financial...

Even during tough economic times, marijuana consumers are turning to higher-priced flower products, a signal that cannabis users are increasingly willing to spend more money on such merchandise. The trend could be mirroring the beer and wine sectors, where enthusiasts...

Canadian cannabis producers are likely to scale back their investments in Europe as they come under pressure to cut costs and deliver profit, according to a joint report by two industry consultants on Tuesday. Depending on the pace of legalization, the market for...

Furna, a cannabis hardware manufacturer founded by former BlackBerry executives, has introduced the world’s first modular cannabis vaporizer. A fully modular system, Furna can be easily expanded to fit the diverse needs of users with an assortment of accessories and...