Pennsylvania medical cannabis dispensaries have recorded record sales throughout the past 12-plus months, in part because retailers are getting more bang for their buck. While wholesale dry-leaf cannabis prices dropped from $10.65 per gram in January 2021 to $6.65 in February 2022, representing a 37.6% decrease, retail cannabis prices... Read more

Out of all the industries affected by the pandemic, tourism was among the hardest hit. The Las Vegas tourism economy, specifically, suffered nearly $34 billion in losses in 2020 due to the COVID-19 pandemic, according to a report by Applied Analysis for the Las Vegas Convention and Visitors Authority.... Read more

In an effort to recoup lost revenues, the California Department of Tax and Fee Administration (CDTFA) auctioned off a commercial property March 23 that was seized in connection with illicit cannabis retail operations. The property, in Whittier, a city southeast of Los Angles, was part of an investigation into... Read more

Among three high-profile bills aimed at broad federal cannabis reform introduced this Congress, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act is on course to be the first to receive a floor vote. Sponsored by U.S. House Judiciary Committee Chairman Jerry Nadler, D-N.Y., the bill, which aims to remove... Read more

Among three high-profile bills aimed at broad federal cannabis reform introduced this Congress, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act is on course to be the first to receive a floor vote. Sponsored by U.S. House Judiciary Committee Chairman Jerry Nadler, D-N.Y., the bill, which aims to remove... Read more