The Business of Cannabis

Arizona Cannabis Supply Continues To Outpace Demand

The Arizona Department of Revenue (ADOR) recently released estimated sales data for November 2023. Combined medical and adult use sales reached $108.6 million in November, down 3.2% from $112.2 million in October. November 2023 sales were down 8.5% year-on-year from...

Florida Could Ban Delta-8 And Other Intoxicating Hemp Products

The Florida State Senate earlier this month unanimously passed a bill that would ban hemp-derived delta-8 THC and similar intoxicating hemp products. In addition to delta-8, Senate Bill 1698 (SB 1698) would also specifically prohibit ingestible or inhalable...