Legal Recreational Cannabis Sales In Canada Outstrip Illicit Spending For First Time
Sales of regulated adult-use cannabis in Canada overtook illegal transactions for the first time in the third quarter of 2020, according to new Statistics Canada data. That development demonstrates the success of legalization in these early years, experts...
Opioid Deaths Fall When Cannabis Stores Rise, Analysis Suggests
The number of marijuana dispensaries in a county was negatively related to log-transformed opioid mortality rate, adjusted for age (β -0.17, 95% CI -0.23 to -0.11), reported Balázs Kovács, PhD, of Yale University School of Management in New Haven, Connecticut, and...
Cannabis Industry Trends That Could Fuel Investment Over Next 6 To 12 Months
This year is shaping up to be a pivotal one for the cannabis industry. Cannabis stocks have been climbing since the group began to show signs of profitability late last summer, with the onset of a blue wave igniting optimism around the possibility of nationwide...
Michigan Cannabis Sales Down—And The Reason May Be In Your Neighbor’s Backyard
Something has gone mysteriously missing from Michigan’s cannabis industry over the last six months: cannabis sales. After opening the state’s first adult-use stores in Dec. 2019, Michigan’s cannabis industry saw sales increase month-over-month at a sharp incline....
Virginia Lawmakers Pass Landmark Recreational Marijuana Legalization Bills
Virginia took a major step toward becoming the 16th state in the nation to legalize a recreational marijuana market and the first in the South after the House of Delegates and Senate passed different legalization bills on Friday. The differences in those bills,...
How Interstate Commerce Could Upend The Marijuana Industry
You can’t cross state lines with marijuana. Marijuana produced in one state – raw material or finished product, wholesale or retail – can’t be imported from, or exported to, another state for sale. That’s known as interstate commerce, and each state’s laws limit the...
November Sees Continued Slower Growth For Legal U.S. Cannabis Products
Growth in demand for legal cannabis products in the United States was slightly slower in November than it was in October. This continues a new trend of much softer demand growth than we saw in the spring and early summer, according to Anderson Economic Group’s...
Funding For Marijuana Companies Surges After Democrats Win Control Of White House, Congress
A Democratic election trifecta – control of the White House and both chambers of Congress – is giving marijuana industry executives hope for federal reform and encouraging investors to pump a record amount of money into cannabis businesses during the initial...
Cloud Cannabis Ann Arbor Grand Opening
John McLeod, president of CloudCannabis, provides the back story on how he got into the cannabis business with his family during a video interview with Mike Brennan, producer of Four20Post, at the grand opening of his third store in Ann Arbor. In this interview,...
Social Engineering Attacks Against MRA Licensees
The MRA has released guidance on social engineering attacks against MRA Licensees that can be found here.
