Recreational marijuana sales in Illinois surpassed $1 billion last month, blowing last year’s 12-month total sales of $669 million out of the water. October recorded over $123 million in sales of recreational pot. That pushes the year-to-date total for 2021 to $1.12 billion for recreational marijuana sales alone, according... Read more
Businesses producing both wine and cannabis in California must be aware of challenges and opportunities created by complex state regulations. By Alison B. Torbitt and Stratton P. Constantinides, Nixon Peabody LLP While some wineries are competing with cannabis farmers for land, water, labor, and market share, others are embracing... Read more
Cannabis legalization is spreading through the United States rapidly, with states initiating medical marijuana programs or expanding to allow adult-use cannabis. This year alone, New York, New Jersey, and Connecticut all voted to legalize recreational cannabis. Now, most states have some form of established cannabis program, either medical or... Read more
The horrific ride to the top of the San Francisco skyscraper is still seared in Paul Scott’s memory a quarter century later. On a sales call for the elevator company that employed him in the mid-1990s, Scott stepped out at the penthouse level to find all the exits to... Read more
ive years after cannabis legalization, California is awash with signs of an apparently booming industry. Californians can toke on Justin Bieber-branded joints and ash their blunts in Seth Rogen’s $95 ceramics. They can sip on THC-infused seltzers, relax inside a cannabis cafe, and get edibles delivered to their doors.... Read more
Governor Tate Reeves has not yet announced when he will call a special session of the legislature to create a new medical marijuana program in the state. Mississippians voted last year to create a program, however the constitutional amendment was overturned by the state supreme court. Reeves said in... Read more
While recreational marijuana sales have soared in 2021 as Massachusetts emerges from the pandemic, business complications and governmental actions have slowed the pace of the industry’s growth, cannabis advocates say. Massachusetts legalized marijuana in 2016, becoming the seventh state to do so, but only licensed sales in 2018. “Right out... Read more
Goodness Growth Holdings Announces Planned Divestiture of Arizona Dispensary License Company will maintain focus on wholesale channel as a low-cost producer of biomass MINNEAPOLIS, Nov. 2, 2021 /PRNewswire/ — Goodness Growth Holdings, Inc. (“Goodness Growth”) (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and IP developer, today announced... Read more
There’s a standoff over medical cannabis in Mississippi, with the governor and state lawmakers still at odds over provisions in the proposed legislation. It is up to Republican Governor Tate Reeves to call a special legislative session that is necessary to pass a bill that would implement a new... Read more
New Frontier Data reviewed Colorado sales data and found that among the wide variety of product available to consumers, flower still reigns supreme. A new analysis of Colorado’s cannabis sales data was presented by New Frontier Data on November 2. Using data from the Colorado Marijuana Enforcement Division, the... Read more