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January 8, 2023
Blog

Iowa’s medicinal cannabis program continues to grow with $10 million in sales

The Iowa Cannabidiol Board reports that by the end of December 2022, the state had raised $10.2 million in sales across five dispensaries. In August alone, the state broke the $1 m

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January 7, 2023
Blog

December cannabis sales in New Mexico top $40 million

Regulated cannabis sales in New Mexico exceeded $40 million in December, with recreational marijuana sales setting a new record of $28 million for the month. Medical marijuana sale

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January 7, 2023
Blog

Montana tops $200 million in first year of recreational pot sales

Montana has raked in more than $200 million in its first year of recreational cannabis sales, the state reported this week. The Montana Department of Treasury released numbers show

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January 4, 2023
Blog

Adult cannabis sales in New Jersey in Q3 exceed $100 million

According to recently released data from state officials, sales of adult-use cannabis in New Jersey surpassed $100 million in the third quarter of 2022. The New Jersey Cannabis Reg

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December 24, 2022
Blog

Vermont sells over $2.6 million worth of adult-use cannabis

Vermont’s adult cannabis industry started with a bang. According to the Vermont Department of Taxes, cannabis stores in Vermont sold $2.6 million worth of products in October

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December 20, 2022
Blog

Annual cannabis sales in Washington state fall by $120 million

Cannabis sales in Washington state fell by about $120 million last year, according to a recent market analysis report, marking the first time regulated cannabis sales have fallen i

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December 16, 2022
Blog

This state expects over $30 million in weed tax revenue, making it more profitable than alcohol

Through Nina Zdinjak Which vice brings in more taxes – weed or alcohol? It depends on the state, the local trend and the taxes that are imposed. But with the legalization of

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December 13, 2022
Blog

Rhode Island rakes in $1.6 million in first week of recreational pot sales

Rhode Island’s new adult cannabis market opened earlier this month, and so far business is going well. Local news station WPRI reported this week, citing the state’s De

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November 26, 2022
Blog

What would you do with $750 million in weed?

A thick smell of cannabis is permeating many New York suburbs, the result of cannabis decriminalization in 2019 — yet cannabis growers in the state have faltered when it comes to

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November 7, 2022
Blog

The Sucker in the Room? Did Diddy Overpay by Close to $100 Million for Distressed Cannabis Assets No One Else Wanted?

Sean “Diddy” Combs, the business entrepreneur and rapper, never accomplishes anything halfway. The fashion, music, and media entrepreneur said on Friday (Nov. 4) that h

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November 4, 2022
Blog

Diddy will pay $185 million for cannabis operations in 3 states

The deal will pass Cresco Labs and Columbia Care assets in New York and Illinois to the mogul formerly known as Puffy. The new, unnamed company will be America’s first Black-owne

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October 31, 2022
Blog

Mississippi medicinal weed grower ordered to destroy $1 million worth of crops

Mississippi’s medical marijuana regulators announced that the largest cannabis grower to date licensed by the state has been ordered to destroy thousands of plants worth abou

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October 11, 2022
Blog

Medicinal weed sales in the state have exceeded $200 million, with more than 36,000 pounds sold so far in 2022

Through Nicolas Jose Rodriguez According to a report by the Arkansas Department of Treasury and Administration (DFA), the state’s medicinal cannabis sales hit $200 million in

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October 11, 2022
Blog

The company, which received the license to grow and sell weed from the DEA and DOJ, just raised $20 million

Biopharmaceutical Research Company (BRC), a Monterey, California-based organization that holds a valid Drug Enforcement Administration (DEA) pharmaceutical cannabis license, raised

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October 7, 2022
Blog

California: $15 million in grants to support social justice programs

This article was written by Nicolás Jose Rodriguez and originally published on Benzinga. On Monday, the Governor’s Office of Business and Economic Development (GO-Biz) annou

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October 7, 2022
Blog

California: $15 million in grants to support social justice programs

This article was written by Nicolás Jose Rodriguez and originally published on Benzinga. On Monday, the Governor’s Office of Business and Economic Development (GO-Biz) annou

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October 4, 2022
Blog

DEA scoops 36 million lethal doses of fentanyl off the streets

The U.S. Drug Enforcement Administration (DEA) announced the results of a widespread drug operation that spanned May through September, yielding over 10 million fentanyl pills and

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September 9, 2022
Blog

New Frontier Data projects 27.7 million pounds of cannabis grown in 2030

Cannabis data company New Frontier Data released “Growing Excellence: Seven Ways to Optimize Cannabis Cultivation in Newly Legal Markets” on Sept. 7, which highlights s

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August 13, 2022
Blog

3 million Americans grow their own weed at home

In recent years, the legal cannabis business has seen an explosion in both private and public cultivation. But there are still a number of challenges standing in the way of realizi

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August 12, 2022
Blog

Canada spent $135 million on medical cannabis for veterans last year, US spent $0.00 on cannabis for veterans

The government of Canada places a high value on the welfare of its veterans compared to its southern neighbors. One of the ways this was demonstrated was by introducing a reimburse

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