Like the rest of California, the hospitality industry in the state has moved slowly and tentatively to embrace the use of cannabis on a widespread basis.
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After cannabis is legalized throughout Canada later this year, Canadians are expected to increase their consumption of the drug by up to 35 percent and spend as much as $7 billion on legal and illegal sales in 2019.
The medical marijuana dispensary that opened inside a former T-shirt factory in Bellmawr three years ago has moved into a modern new space across the street and is now the largest retail purveyor of cannabis on the East Coast.
A collective of Canadian organizations will present an open letter to the provincial and federal justice ministers to sound the alarm on regulations that would stifle the country’s craft cannabis industry.
Massachusetts Institute of Technology professor Scott Stern says the perception of marijuana in our culture is changing, and the mainstream opportunities are too hard to pass up.
Retail sales of medical and recreational cannabis in the United States are expected to hit $8 billion-$10 billion this year – a nearly 50% increase from 2017 – and rise as high as $22 billion by 2022.
California Insurance Commissioner Dave Jones sent a letter last week to the state’s insurers urging them to offer insurance products for the legal cannabis industry.
The U.S. legal cannabis industry is on track to hit $25 billion by 2025, according to the latest forecast from cannabis analytics firm New Frontier Data.
The conference is part pharmaceutical trade show and part pow-wow for patient advocates and the industry’s legal advocates, as well.
"When a celebrity who doesn't fit the stereotype [of a pot smoker] gets into promoting cannabis, it expands the conceptual footprint that cannabis has in the minds of current and potential consumers."
Keith Villa, the man who created the recipe for the popular Blue Moon beer, has a new project: a marijuana-infused beer made by his new brewing company.
“This is probably the most sophisticated cannabis lab in Canada,” said scientific adviser Ben Geiling.
In a groundbreaking new study, a report released Monday from researchers at Colorado State University-Pueblo finds that the marijuana industry provides a net positive economic benefit to Pueblo County, even when accounting for demands on law enforcement and social services.
Full adult use legalization of cannabis could generate 1 million jobs in the next seven years, according to New Frontier Data.
Cannabidiol stepped into the spotlight at Natural Products Expo West, where hemp industry experts said the U.S. CBD market could hit $1.9 billion by 2022.
