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
A Federal Register notice published on Feb. 23 explains how illegal cannabis grows in California are harmful to spotted owls, which are native to California. The U.S. Fish and Wildlife Services (FWS) agency proposed the addition of two distinct population segments (DPS) of California Spotted Owl to be added... Read more
Innovative Industrial Properties Reports Fourth Quarter and Full-Year 2022 Results FY 2022 Total Revenues, Net Income Attributable to Common Stockholders and AFFO Increased 35%, 36% and 34% Year-over-Year, Respectively SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange... Read more
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. December and January were a slow period for reporting, and February saw a pickup that we detail below. March will be a lot busier. Tracker Rules This data-driven, fact-based tracker... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, Canopy... Read more
Alright, now that the lovey holiday’s over & I’m not ruining anyone’s relationship, let’s get into the weird. I’m treading lightly here, but this is the best shot I can take at explaining the vibrant subcultures of a foreign world while still respecting our domestic political-correctness. Please don’t cancel... Read more
Tension is building in a small Texas city between police, advocates, and elected officials. In Denton, Texas, police—sworn to protect and serve—are allegedly ignoring the will of the people, continuing citations and arrests despite a cannabis decriminalization measure that was approved last year. NBC DFW reports that a “battle... Read more
The Washington Senate this week approved a bill that would protect cannabis users from pre-employment job discrimination. The measure, Senate Bill 5123, was passed by the state Senate on Wednesday by a vote of 28-21 and will now be considered by the Washington House of Representatives. Under the bill,... Read more
An effort to rein in so-called “pop up” medical cannabis clinics in South Dakota was rejected by the state’s lawmakers on Wednesday. The Forum News Service reports that the state Senate Health and Human Services Committee voted against a pair of bills that would have “made myriad changes to... Read more
Lawmakers in the New Hampshire House of Representatives on Wednesday voted to move forward with legislation that would legalize recreational cannabis in the Granite State. Members of the House voted 234-127 to advance the bill to a committee for further consideration. The measure “would make possession and use of... Read more
