Recent statistics show Interest in cannabidiol-based products has been on the rise as the global cannabis market is expected reach $42.7 billion in the next four years. In order to address regulatory concerns, policymakers in different regions are looking toward using...

In Colorado, the retail marijuana industry reportedly has officially set a new state record for monthly medical and recreational cannabis sales. The Denver Post reported that Marijuana sold $198,873,210 worth of products in June 2020, up 3.5% from the previous record...

In Illinois, Marijuana sales have set a record for the State. According to the state, figure sales have totaled more than $300 million since the start of the year, with July having the most sales of any month. Records show “July cannabis sales hit $61 million, which...

In Oklahoma, medical cannabis sales are set to double in 2020 to roughly $800 million. The increased amount of sales can be traced to the state's business-friendly program launched in 2018 which continues to thrive. According to Oklahoma Tax Commission data by The...

Since 2019, many California marijuana industry insiders boldly predicted a rash of companies would go under this year by citing the market’s unforgiving business conditions and a shortage of reliable investors. Moreover, several indicators in 2020 suggested a...