Roll aside, toilet paper. Oklahomans rushed to purchase another product in record volume last month, as medical marijuana dispensaries logged enough sales to spike tax collections by more than 25%.
WeedLife News Network
As Illinois’ economy has come to a screeching halt in the wake of the COVID-19 crisis, recreational weed has remained a hot commodity with sales topping $37 million last month.
Non-alcoholic CBD-infused beverages are the fastest-growing segment of the "drinkables" market, largely driven by the growing demand for wellness products as a replacement for soft drinks and alcohol.
The owner of High Times is going to start selling marijuana after championing its use in the pages of its magazine for nearly half a century.
COVID-19 is having a multi-million dollar impact on the state budget. One lawmaker said the solution might be to legalize recreational marijuana.
According to the Illinois Department of Financial and Professional Regulation, adult-use cannabis sales hit $35,902,543.22 in March.
As the economic damage from the coronavirus pandemic piles up, U.S. cities and states are set to face significant lost revenue given the loss of business activity.
Cannabis sales are touching new highs as customers across the United States and Canada stockpile weed to prepare for long spells of isolation because of the coronavirus pandemic.
Wellness Connection filed a lawsuit in federal court Friday against the Maine department that oversees marijuana policy, claiming that residency restrictions on owners of recreational cannabis businesses violate the U.S. Constitution.
As more Americans across the country are sheltering at home during the COVID-19 pandemic, a major Colorado cannabis retailer announced that it has received the state’s first permit to deliver medical marijuana directly to patients’ doors.
Toilet paper, hand sanitizer and food aren’t the only things flying off the shelves amid the coronavirus scare in Southern California.
Michigan recreational marijuana sales increase 34% in February, prices down slightly - Cannabis News
Michigan’s recreational marijuana industry continued its steady ascent in February, based on the latest monthly statistical report released by the state Marijuana Regulatory Agency.
The state of Missouri awarded nearly 350 operating licenses for the medical marijuana industry. Now there are thousands of jobs to fill.
How many jobs are there in the legal marijuana industry? Leafly’s annual Cannabis Jobs Report found 243,700 full-time-equivalent (FTE) jobs supported by legal cannabis as of January 2020.
The state's recreational marijuana retailers generated nearly $40 million worth of sales and taxes during the first month of operations.
With 11 states and the District of Columbia now legalizing recreational marijuana, and 33 states legalizing other forms, the slogan “this Bud’s for you” may take on a completely new meaning, as beer providers expand into the cannabis market.
A state-best $9.8 million in marijuana tax revenue was collected by Nevada in October, according to the Nevada Department of Taxation, which regulates the industry.
High Times announced it will open two flagship retail stores offering cannabis under dispensary licenses, giving the strongest brand in the marijuana industry a new engine of growth as it prepares for a public listing.