Oklahoma medical marijuana industry on pace to hit $350 million
In less than a year, Oklahoma’s medical marijuana industry went from nonexistent to one of the largest and most valuable cannabis markets in the nation.
According to...
After slow start, Canada’s recreational marijuana sales reach new high
Adult-use cannabis sales through regulated channels in Canada reached a new high in June after meandering for much of the first half-year of legalization, according to the...
Florida’s medical cannabis market booms despite pandemic, US economic woes
Despite the ongoing coronavirus crisis, Florida’s medical marijuana industry continues to surge, with sales remaining well above pre-pandemic levels.
Demand for medical marijuana is at an all-time...
Medical cannabis flower imported into Germany doubles again in 2019, confirming strong growth
Germany imported 6,714 kilograms (14,802 pounds) of medical cannabis flower, primarily for pharmacy dispensing in 2019, according to fresh data from the nation’s medical regulatory agency.
That’s...
Metrc sees seed-to-sale tracking opportunities in new cannabis markets
With five states voting in favor of new marijuana markets last month, Metrc sees fresh opportunities to extend its dominance in the seed-to-sale tracking business by...
Aurora Cannabis execs saw raises, bonuses despite multibillion-dollar loss
Top Aurora Cannabis executives were rewarded with millions of dollars in bonuses and raises for the fiscal year ended June 30, the company disclosed, despite mass...
England’s medical cannabis market shows little growth as of early 2020
England’s medical cannabis market has barely gotten off the ground since launching about 19 months ago, with a two-tier system in which few patients access products through legal...
Marijuana MSO MedMen fights to turn around finances, but challenges linger
Financially strapped MedMen Enterprises is showing modest improvement, raising the possibility that the California-based multistate marijuana operator has hit bottom and is beginning to benefit from...
Marijuana store density surpasses Starbucks & McDonald’s in many mature MJ markets
As competition between cannabis retailers grows, so does the number of stores in mature markets, where the relative density of marijuana shops has surpassed that of...
Marijuana foes seek to impose THC potency caps to curb industry’s growth
Marijuana opponents, frustrated by the growing number of legalization victories across the U.S., are increasingly trying to rein in the industry by proposing state-level caps on THC potency.
The push involves at least six bills introduced in four state...
