Statewide sales of legal marijuana totaled $19.7 million in the first 12 days, officials said.
Colorado marijuana dispensaries have set a new sales record for the sixth consecutive year, according to the state Department of Revenue.
Finance
Banks are in the business of making money, and the medical marijuana industry is expected to generate a lot of it.
Smoke more, drink less. That appeared to be the trend among Canadians in the first full year of legal cannabis, when beer volumes fell by 3% through November, according to data from Beer Canada.
More legalization in more states. More product liability risks. More regulations. More M&A. More of many things is what insurance professionals involved in the cannabis industry can expect in 2020.
The cost of legal marijuana in Caifornia is getting higher in 2020, thanks to a new law that goes into effect on New Year's Day.
Arkansans have bought more than 4,200 pounds of medical marijuana in 2019 -- the first calendar year of legal sales in the state.
A pot shop in Massachusetts is making history this holiday season by becoming the first dispensary in the state to sell gift cards.
Governor J.B. Pritzker has opened applications for the first $21 million Low Cost Loan Program authorized in the cannabis law signed in June.
Like any credit card, customers have to qualify and the average interest rate is around 15%.
