legal cannabis sales Archives - Cannabis News Box

California’s cannabis tax revenue estimates have been reduced

Officials have since acknowledged a disappointing start for the licensing of new cannabis businesses in the state.

Bethan Rose Jenkins, Cannabis News Writer/Editorial • June 7, 2018

A recent press release from the California Department of Tax and Fee Administration shows a disappointing first quarter for the state's cannabis industry. Tax revenue reached just $60.9 million in the...

South America’s cannabis market is attracting investors

Legal cannabis sales throughout the region are forecast to hit $776 million by 2027, based on recent data published by Arcview Market Research

Bethan Rose Jenkins, Cannabis News Writer/Editorial • June 1, 2018

Countries like Australia, Canada, Germany, and Israel have been dominating headlines as major game players in the cannabis industry as of late, but South America’s emerging market is beginning to capture...

San Francisco begins cannabis sales for social use

Annureet Kaur • January 9, 2018

January 1 official started legal social use of cannabis in California. Although the City of San Francisco started legal social cannabis sales one week later, it has stepped up in full gear with six dispensaries...