Fresh sales figures have been released for New Mexico’s Medical Cannabis Program, which attracted $92 million in sales revenue during the first six months of 2020. Based on the most recent update, combined...
On Wednesday, February 3, Jazz Pharmaceuticals Plc. announced that it had agreed to purchase GW Pharmaceuticals plc in a cash-and-stock deal valued at $7.2 billion.
The goal of this deal is to incorporate...
Colorado, which boasts one of the largest and well-established legal cannabis markets on the planet, has reached a sales milestone. Based on new figures published by the State Department of Revenue, the...
On Friday, February 5, legislation that would legalize cannabis for recreational purposes was approved by both chambers of the Virginia General Assembly. However, retail sales are not expected to begin...
A fresh report, titled “2020 Contributions of the Washington Cannabis Sector,” suggests that the cannabis industry is a significant merit to the Pacific Northwest state’s economy.
Conducted by...
A new report titled, "Global Legal Cannabis Market 2020-2024," has been released by leading market research and advisory company Technavio. The in-depth analysis encompasses the growing acceptance of cannabis...
Governor Laura Kelly (D) of Kansas has a new plan underway to legalize medical cannabis across the state. Revenue generated through a legal cannabis program could be used to fund Medicaid expansion, says...
A New Mexico district judge has ruled that directives written by the state Department of Health regarding medical cannabis program oversight were not evidence-backed and therefore must be rewritten.
According...
The swift launch of Arizona's recreational cannabis market seems to have paid off. The state, which legalized recreational cannabis on November 3, 2020 with the passing of Proposition 207, is serving the...
Cannabis companies impacted by Section 280E of the federal tax code have been informed that the much-anticipated guidance won't be released just yet. This is according to Internal Revenue Service (IRS)...
Lume Cannabis Co., a company that prides itself on selling locally-grown and hand-trimmed weed, has launched an adult-use sales partnership with the Sault Ste. Marie Tribe of Chippewa Indians.
Since...
On February 1, U.S. Senate Majority Leader Chuck Schumer formally announced a plan to advance cannabis reform. Schumer made the announcement alongside Senators Cory Booker and Ron Wyden.
Back in January,...
