Lessons learned by cannabis firms after 5 years of recreational sales in Washington state

Washington state rolled out the world’s second adult-use marijuana market on July 8, 2014, following closely behind Colorado, which began recreational sales at the start of that year. Over the past five years, Washington state cannabis business owners have...

California’s Marijuana Tax Revenues Are Up, But Far Short of Projections

When it comes to tax money from marijuana sales, California is living with diminished expectations. The state pulled in $74 million in cannabis excise taxes between April...

Constellation Brands expects $54 million loss from Canopy Growth

Published August 28, 2019 Alcohol giant Constellation Brands said it...

Medical marijuana market growth with Oklahoma and Florida leading

Published August 13, 2019 | By Maggie Cowee

Marijuana wholesale prices on the rise in mature recreational markets

Wholesale cannabis prices appear on the rise in longstanding adult-use cannabis markets Colorado, Oregon and Washington state, according to two recent reports and insight from growers. The upward-trending prices seem to be increasing because of: Stronger demand and weaker supply...

Youth Marijuana Use Doesn’t Rise When it’s Legal. Federal Data Prove It.

Despite prohibitionists' often-expressed fears that legalization would lead more young people to use marijuana, new federal data released on Aug. 20, 2019, show no such trend. Reports...

Ionic Brands buys Zoots cannabis edibles firm for $11 million

Ionic Brands paid $11 million for longtime marijuana edibles maker Natural Extractions, which does business as Zoots Premium Cannabis Infused Edibles. As part of the stock and cash deal involving two Washington state companies, Zoots’ owners receive $855,000 in cash...

7 Reasons Why Drinkers Could be Swapping Booze for Bud at the Bar

Whether weed-infused drinks are going to catch on the way vape pens, edibles, and traditional flower have is still up for debate, but your favorite beer...

Wellness Connection and CanWell in the middle of business dispute

Published August 29, 2019 Maine’s biggest medical cannabis operator is...

Wholesale marijuana prices on the East Coast strong as industry grows

Up and down the Eastern United States, cannabis growers and business owners are reporting healthy prices for pounds of marijuana, both medical and recreational. Prices range from $2,000 a pound for flower all the way up to $4,200, depending...