Washington marijuana businesses see boost during pandemic
While the COVID-19 pandemic has played havoc with the Washington economy and many of its industries, it has boosted at least one: the state’s legal marijuana operations. Marijuana sales at state-licensed stores jumped in March as the state went into its “Stay Safe” restrictions with workers in nonessential jobs... Read more
Oregon wildfires destroyed at least seven marijuana businesses: ‘confirmed total loss’
The sudden wildfires that torched more than 1 million acres across Oregon this month completely destroyed at least seven marijuana businesses and damaged at least dozen more, according to preliminary state survey data. Marijuana has rapidly grown into a major Oregon industry, with sales topping $100 million a month during... Read more
Marijuana Stocks: Aurora Cannabis Forecasts Lower Sales As New CEO Steps In
Aurora Cannabis stock fell hard after hours after the Canadian pot producer forecast falling cannabis sales in the current quarter, while net sales for its fourth quarter came in slightly below estimates. The company reported the Q4 results and Q1 outlook after it named a new CEO this month... Read more
Governor’s team to meet to address complaints about marijuana licensing process in Illinois
You are here: Home / Policy & Legal / Illinois / Governor’s team to meet to address complaints about marijuana licensing process in Illinois September 17, 2020 by AggregatedNews Leave a Comment Amid a flurry of complaints that the marijuana licensing process is broken, Gov. J.B. Pritzker’s office announced... Read more
If Pennsylvania Is Going to Legalize Adult-Use Marijuana, This Is How It Should Be Done
Experts have been predicting marijuana legalization in Pennsylvania since at least as early as 2013, more than a year after the first few states in the U.S. legalized recreational adult use. The state didn’t make medical marijuana legal until 2016 and patients didn’t gain full access to medical marijuana in dispensaries until two years... Read more
New Record: Colorado Marijuana Sales Topped $226 Million In July
Marijuana sales continue to set new records in Colorado, eight years after recreational use was legalized in the state. Sales topped $226 million in July, according to the Department of Revenue. Marijuana dispensaries were deemed essential businesses during the coronavirus pandemic and were allowed to remain open during the... Read more
Recreational Marijuana Sales Hit New Record High In Illinois, And Number Is Expected To Keep Rising
Recreational marijuana sales just set a new record high – nearly $64 million worth of cannabis was sold last month. And as CBS 2’s Meredith Barack reported Tuesday evening, those numbers are expected to keep growing. At the Sunnyside dispensary at 436 N. Clark St. in River North, a lot... Read more
Moderate Democrats push leadership to pull marijuana legislation
Centrist Democrats are pushing House Democratic leadership to pull legislation expected to reach the House floor next week that would decriminalize marijuana at the federal level. The Democrats are expressing frustrations the bill is slated to come up for a vote before other pressing matters. Specifically, a number of... Read more
States plow forward with cannabis, with or without Congress
Roughly 1 in 3 Americans could have access to legal recreational marijuana if voters approve state ballot initiatives this November. While a planned House vote on legalizing weed at the federal level is scheduled for later this month, the real action remains in the states. That’s because even if the House... Read more
New Jersey marijuana groups launch campaigns to reach voters
In November, New Jersey voters will get to decide whether or not marijuana should be legal for recreational use. Axel Owen is the campaign manager for NJ CAN 2020, a coalition made up of advocacy groups and members of the cannabis industry who are campaigning for legalized marijuana for... Read more
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