The Business of Cannabis

Michiganders Bought $3.3 Million Worth Of Marijuana In First Two Weeks Of Legalization

Dec 18, 2019 | Feature, Great Lakes Region, Michigan

During the first two weeks of December, residents bought more than $3 million worth of marijuana at recreational retailers, which provided $515,051 in tax revenues, the state said Tuesday. The second week of sales totaled $1.47 million and resulted in $147,371 in...

Colorado’s Average Price Of Wholesale Marijuana Hits 3-Year High After Record Spike

Dec 18, 2019 | National

The wholesale price of cannabis continues to spike in a major way in Colorado and will hit a three-year high in January, state officials say. The median price of a pound of marijuana buds sold or transferred to a retail store from a growing facility was $1,316 between...

Effectiveness Of THC, CBD

Dec 18, 2019 | National

A product can claim to contain large amounts of THC or CBD and that it will provide powerful benefits. But while this may be true, it doesn’t explain the complex process of how cannabis ends up absorbed through the bloodstream, which is known as bioavailability. When...

Tilray Launches Canadian Cannabis 2.0 Products, Completes First Export Of Medical Cannabis Extract To Switzerland

Dec 18, 2019 | Canada

Tilray, Inc. TLRY subsidiary High Park Holdings Ltd. announced its line of Cannabis 2.0 products Tuesday.  The company’s new products include the confectionery brand Chowie Wowie, wellness brand Rmdy and the beverage...

Did You Say Liquid Weed? New Technology Promises To Deliver Flavorless, Odorless, Water Soluble THC

Dec 18, 2019 | National

A new product called ALT (an acronym for Advanced Liquid Technology) has hit the market, fusing nature with science. The liquid-soluble cannabis product is created using unique pharmaceutical-grade process, which results in pure THC liquid that is completely clear,...