The Business of Cannabis

South Dakotans Preparing For Marijuana Industry

Dec 6, 2020 | National

With the passing of medical and recreational marijuana earlier this month, some business owners are now considering becoming more involved in the industry. 605 Cannabis aims to help those wanting to get into the marijuana industry in South Dakota. “Primarily it’s...

Growing Markets Lift Multistate Cannabis Operator Earnings As Many MSOs Turn The Corner

Dec 6, 2020 | National

Publicly traded multistate cannabis operators generally enjoyed robust third-quarter financial performances, bolstered by sizzling sales growth during the coronavirus pandemic and a focus on state markets that are growing. Moreover, several MSOs – including Cresco...

Newly Legal States Offer Marijuana Growers Fresh Opportunities, Some Greener Than Others

Dec 6, 2020 | National

Not all new marijuana markets are created equal when it comes to business opportunities for cannabis cultivators. The Nov. 3 election opened the door for marijuana growers in five states that could generate more than $2.5 billion in medical and recreational...

Marijuana Legalization Opponents Turn To Courts To Shoot Down State Ballot Initiatives

Dec 4, 2020 | National

Private citizens and public officials, sometimes joined by governors, increasingly are filing lawsuits to kill statewide marijuana legalization ballot initiatives, including some that voters approved in November. The legal challenges appear to be long shots to...

House Votes To Approve MORE Act, HR 3884,

Dec 4, 2020 | Feature, National

At midday Friday, members of the House of Representatives voted to approve the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act, HR 3884, which removes marijuana from the federal Controlled Substances Act — thereby eliminating the existing...

September 2020 Legal U.S. Cannabis Product Demand Continues To Grow

Dec 2, 2020 | National

Growth in demand for legal cannabis products in the United States in September was lower than the previous month, continuing a new trend of slow growth markedly different from the rapid rise in sales we experienced in the spring and early summer, According to Anderson...