The two regulated cannabis markets in Arizona are currently heading in different directions. For the Grand Canyon State’s newly launched recreational pot industry, business is booming. Arizona’s medical cannabis decade-old market, meanwhile, continues to see lagging sales. Citing figures from Arizona’s Department of Revenue, the AZ Mirror reports that... Read more
A majority of registered voters in Texas are in favor of legalizing recreational cannabis, according to the results of a statewide poll released this week. The Dallas Morning News/University of Texas at Tyler Poll found that 55% of Texans said that they either support or strongly support legalizing adult-use... Read more
Earlier this month, three nonprofit organizations (the Legal Aid Center of Southern Nevada, Nevada Legal Services, and Code for America) were granted a total of $1.2 million from cannabis tax revenue from the Clark County Commission. Code for America, which received $200,000 of this amount, has been tasked with... Read more
Ever heard the old adage, “don’t knock it ‘til you try it’? Gallup’s latest polling data seems to support that concept, showing that 70% of American adults—the ones who have actually tried it—think its effects on users are positive. These results were collected July 5-26 from Gallup’s Consumption survey,... Read more
One DoorDash customer received more than he bargained for when he placed an order of food—finding an unwanted bag of weed in his order, and decided to complain about it. The actions of the driver led to his termination as a Dasher with the company. A Columbus, Ohio man,... Read more
TILT Holdings Reports Second Quarter 2022 Results, Delivers 11% Sequential Revenue Growth Delivers 8% QoQ and 22% YoY growth in the Company’s cannabis operations Announced new brand partnerships and cross-collaboration products PHOENIX, Aug. 15, 2022 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO:TILT) (OTCQX: TLLTF), a global... Read more
Exclusive Interview with Village Farms President and CEO Michael DeGiglio Vertically integrated controlled environment agriculture (CEA) company Village Farms International, Inc. (NASDAQ: VFF) continues to make progress in the cannabis industry in Canada and beyond. Its cannabis subsidiary, Pure Sunfarms, has had 15 months of positive EBITDA, according to... Read more
Provisions of a California bill that would have decriminalized psychedelic drugs including magic mushrooms, LSD, and MDMA were stripped from the measure by a legislative committee last week, with lawmakers instead amending the bill to only study the issue. The measure, Senate Bill 519 from Senator Scott Wiener, would... Read more
People asked, and the voices have been heard about the push for a more equitable cannabis industry, and Seattle, Washington leaders are making change. Seattle Mayor Bruce Harrell introduced three new bills to the Seattle City Council that would encourage more diverse inclusion in the city’s cannabis industry, announced... Read more
AWH Announces Q2 2022 Financial Results Record Revenue Since Company Inception Q2 2022 Net Revenue Increased 14.6% Compared to Prior Quarter Adjusted EBITDA Margin Expanded Approximately 220 Basis Points Compared to Prior Quarter NEW YORK, Aug. 15, 2022 /PRNewswire/ – Ascend Wellness Holdings, Inc. (“AWH” or the “Company”) (CSE:... Read more
