Growing Number of Canadian Weed Consumers Source Products Legally
FeaturedMedical MarijuanaTrending Stories March 1, 2023 0
According to a study published in the Harm Reduction Journal, a growing number of Canadian consumers have transitioned to the legal cannabis market over the country’s first three years of cannabis legalization, with legal sourcing highest for drinks and oils and lowest for solid concentrates and hash. One goal... Read more
Visitors to Atlantic City could have the convenience of a cannabis dispensary and consumption lounge located just off the famed Boardwalk as soon as this summer under plans being considered for one of the city’s vintage hotels. If approved by regulators, the proposal would add a lounge permitting on-site... Read more
Bill Seeks To Ease Medical Cannabis Restrictions for New Mexico Firefighters
FeaturedNew MexicoTrending Stories March 1, 2023 0
The proposed legislation “would narrow the definition of ‘safety-sensitive position’” under the state’s medical cannabis law, according to the Santa Fe New Mexican. That provision has precluded first responders and firefighters from entering the New Mexico medical marijuana program, which launched in 2007. “As proposed, the definition would only include... Read more
Heated Debate Erupts on Reddit Over Weed Etiquette at Concerts
FeaturedTrending Stories March 1, 2023 0
A Reddit post in the popular subreddit r/Am I the Asshole? community is beginning to go viral after it ignited a fierce debate: Should concertgoers at a clearly stoner-friendly concert refrain from smoking if a pregnant woman is in the crowd, or should the pregnant woman not be there... Read more
GTI Q4 Revenue Slips 1% Sequentially to $259 Million
FeaturedTrending Stories February 28, 2023 0
Green Thumb Industries Reports Fourth Quarter and Full Year 2022 Results CHICAGO and VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb,” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today... Read more
The Global Cannabis Stock Index Pulls Back in February
FeaturedTrending Stories February 28, 2023 0
After a big rally in January to begin the year, the Global Cannabis Stock Index lost 6.3% in February to 10.02: After falling 23.7% in Q3 and 13.8% in Q4, which were a big part of the 70.4% decline in 2022, the index is now up 3.2% in Q1: Since the peak... Read more
Cronos Group Q4 Revenue Rises 10% Sequentially
FeaturedTrending Stories February 28, 2023 0
Cronos Group Reports 2022 Fourth Quarter and Full-Year Results Consolidated net revenue increased 23% in Full Year 2022 compared to Full Year 2021; on a constant currency basis consolidated net revenue increased 28% in Full Year 2022 compared to Full Year 2021 Net revenue in Israel increased 128% in... Read more
Alaska Scrubbing Hundreds of Pot Convictions from Court Database
AlaskaFeaturedTrending Stories February 27, 2023 0
Hundreds of Alaska residents will have their prior marijuana convictions removed from the state’s online court database. That move follows an order late last month from the state Supreme Court last month, according to local media reports. Local news station KTUU reports that, as of May 1, “marijuana possession... Read more
California Bill Would Ban Tobacco Sales to All Born After 2006
CaliforniaFeaturedTrending Stories February 27, 2023 0
The strongest and wildest approach yet to deter teen tobacco use at the state level is taking shape. A new California bill would ban all tobacco sales for any resident born on Jan. 1, 2007 or later. Under Assembly Bill 935, current smokers would be able to continue buying... Read more
Arizona Weed Sales Top $1 Billion in 2022
ArizonaFeaturedTrending Stories February 27, 2023 0
Cannabis sales in Arizona exceeded $1 billion dollars in 2022 as the state’s recreational marijuana market experienced strong growth in its second year of sales. Total weed sales came to $1.4 billion last year, according to data from the Arizona Department of Revenue, an amount roughly equal to the... Read more