WeedLife News Network

Figures Statistics Canada released last month show that cannabis sales topped $43 million during the two-week period following legalization.

As more states legalize marijuana, companies are betting big on people wanting to sip, rather than smoke, their weed.

New average market rates for products grown for retail purposes help state calculate excise tax collections.

Through November, the state brought in just over $1 million from the gross receipts tax alone, according to state Department of Revenue data.

What is believed to be Maine’s first marijuana convenience store, one of only a handful in operation in the country, will open Thursday in Portland.

There’s “still a really strong need” for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis, according to an attorney who specializes in the sector.

The two Massachusetts marijuana retail stores pulled in $2.2 million in gross sales, according to data released by the state Cannabis Control Commission.

The future of cannabis cultivation isn't in massive grow facilities with high-tech lights and complex temperature control systems. It's out in the open air, according to proponents of the sun-grown movement.

Cannabis retailers are pushing "Green Wednesday," the day before Thanksgiving, as the Black Friday for marijuana users.

Recreational marijuana sales in Oregon will be nearly $543 million this year, up 29 percent from 2017 and well above economists' expectations, forecasts show.

The Nevada Department of Taxation reported on Wednesday that in August, the state collected $8.1 million in taxes alone from cannabis sales. That’s $3.2 million more than the same time last year.

With the passage of Proposal 1 in last Tuesday's midterm election, Michigan attorneys are gearing up for an influx of people interested in the business side of the budding marijuana industry.

Legendary filmmaker and winery owner Francis Ford Coppola is premiering his own marijuana line.

Instead of creating a whole new system of specialized stores to distribute marijuana when it becomes legal, New York should just allow existing liquor and wine retail outlets to sell cannabis to adults. That’s the position of a new advocacy effort launched by owners of booze shops this month.

As cannabis is being infused into mainstream beverages, beauty products, sunscreens, every kind of food imaginable and is now legal in Canada and the majority of the U.S., it seems consumers may have already normalized what was stigmatized not long ago.

"A disproportionate number of minority communities are affected by misdemeanor marijuana offenses," said Tiki Barber, the ex-Giants running back turned sportscaster/entrepreneur who teamed up with Kevin Shin, a financial services veteran.