Cannabis tax revenue in Massachusetts is performing better than projected, over four years into the state’s adult-use market. According to the most recently available data, Massachusetts reported collecting $74.2 million in marijuana excise taxes—much more than the $51.3 million in alcohol excise taxes that were collected. Alcohol sales continue... Read more
Two Tennessee state lawmakers this week proposed legislation that would put ballot questions regarding the legalization of marijuana before voters in this year’s general election. The legislation was introduced by a bipartisan duo of state legislators, Democratic Senator Sara Kyle and Representative Bruce Griffey, a conservative Republican. Attempts to... Read more
Video: NCIA Today – Thursday, January 27, 2022 | Advocacy / Community / Education NCIA Deputy Director of Communications Bethany Moore checks in with what’s going on across the country with the National Cannabis Industry Association’s membership, board, allies, and staff. Join us every other Thursday on Facebook for... Read more
The Mississippi Legislature voted Wednesday to legalize medical marijuana, one of the final steps in making cannabis available in the Magnolia State. The Senate and House overwhelmingly passed an amended version of the bill, sending it to Gov. Tate Reeves’ desk. Reeves can either sign the bill, let it become law... Read more
If you have been following Oregon Liquor and Cannabis Commission (OLCC) recreational marijuana licensing, you know that licensing is in flux right now. Transactions involving the sale and purchase of businesses have been largely unaffected by the turmoil in licensing. While some purchase prices have been reduced, most transactions... Read more
Ryan Allway January 27th, 2022 National Cannabis Dispensary Franchise Progresses Midwest Growth; Local Alliance Program Aims to Keep Dispensary Ownership Local by Providing Existing Owners the Backing of a National Franchise System OKLAHOMA CITY, Jan. 27, 2022 /PRNewswire/ — Unity Rd., the cannabis dispensary franchise from Item 9 Labs Corp. (OTCQX: INLB), announced today... Read more
Ryan Allway January 27th, 2022 Uncategorized VANCOUVER, British Columbia and BATTLE CREEK, Mich., Jan. 27, 2022 (GLOBE NEWSWIRE) — Eden Empire Inc. (CSE: EDEN) (the “Company” or “Eden Empire”) is pleased to announce that it has signed an agreement (the “Agreement”) with an arm’s length third-party (the “Partner”) to... Read more
After more than a year of disagreement, back-and-forth and false dawns, Mississippi lawmakers may have finally produced a medical cannabis bill that will become law. The Clarion Ledger reported that “members of the Mississippi House and Senate on Tuesday announced a final agreement on a bill to create a... Read more
This week, New York expanded eligibility for the state’s medical cannabis program to include more patients, according to an announcement from state regulators. New York’s Office of Cannabis Management said on Monday that the state had launched a new medical marijuana certification and registration system that is “easier to... Read more
A group of business and community leaders in Colorado Springs, Colorado has launched a bid to legalize sales of recreational cannabis in the city, arguing that tax revenue generated by purchases of legal cannabis by local residents should stay in the community. Colorado voters legalized sales of recreational cannabis... Read more