An annual report published on Jan. 1 by the Racial and Identity Profiling Advisory Board (RIPA) made many observations about California’s law enforcement officers. This is the sixth report since RIPA was formed in 2016, which collects data about general policing and ways to eliminate unlawful practices. “Over the... Read more
Opponents of recreational cannabis legalization have argued that increased cannabis use could diminish motivation, impede cognitive function and harm health, ultimately affecting the economic wellbeing of adults. However, an analysis published by the National Bureau of Economic Research finds the opposite is true: Legalization of adult-use cannabis is actually associated... Read more
Democratic lawmakers in Minnesota wasted no time in their efforts to legalize recreational marijuana in the state this year, as they introduced a bill on Thursday that would do just that. The legislation, spanning 243 pages, “would set up a regulatory framework and permit cannabis use for any reason... 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, After... Read more
Tilray Brands Reports Second Quarter Fiscal Year 2023 Financial Results Achieved $29.2 Million of Operating Cash Flow and $25.4 Million of Free Cash Flow 15th Consecutive Quarter of Positive Adjusted EBITDA Maintains Leading Market Share Position in Recreational Cannabis in Canada and Medical Cannabis Across Europe Net Revenue of $144.1... Read more
urban-gro, Inc. Reports Record Backlog Heading into 2023 and Reaffirms Fourth Quarter 2022 Financial Guidance Record signed project backlog of approximately $87 million as of December 31, 2022 Reaffirms fourth quarter 2022 revenue and Adjusted EBITDA1 guidance LAFAYETTE, Colo., Jan. 09, 2023 (GLOBE NEWSWIRE) — urban-gro, Inc. (Nasdaq: UGRO), an integrated professional... Read more
The Massachusetts CCC’s report shows that between Jan. 1 and Dec. 18, 2022, the state collected $1.42 billion in adult-use sales. In a breakdown of sales by month, the state collected a fairly steady amount of sales, the highest being $132.4 million in July and $130.8 million in August,... Read more
A woman shopping at a cannabis store in Canada was made famous on Facebook after being caught on cam stealing hundreds of dollars’ worth of tips from the tip jar. Cannabis normally brings about the spirit of giving in most people, however, that’s not the case for petty thieves... Read more
Montana raked in more than $200 million in its first year of recreational cannabis sales, the state reported this week. The Montana Department of Revenue released figures detailing how much money was generated in both medical and recreational marijuana sales in 2022. Last year marked the launch of the... Read more
Regulated sales of cannabis in New Mexico topped more than $40 million for the month of December, with recreational marijuana sales setting a new record of $28 million for the month. Sales of medical marijuana totaled about $15.1 million for the last month of 2022, up from about $14... Read more
