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Is Colorado's Cannabis Market Back On Track? A 5% Sales Boost Says Yes
Monday, October 14, 2024 - 8:41pm | 432According to a recent report from Beacon Securities, cannabis sales in Colorado and Connecticut are showing mixed results, reflecting both growth and challenges in the legal cannabis market. Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your...
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EXCLUSIVE: Medical Marijuana Programs Often Suffer When Recreational Use Is Approved: Expert Proposes Across-The-Board Access For Both (UPDATED)
Thursday, October 10, 2024 - 12:12pm | 706Cannabis ombudsman discusses protecting medical marijuana patients during state's transition to recreational use at Benzinga's Cannabis Capital Conference. Editor’s note: This story has been updated to more accurately depict comments by Erin Gorman Kirk at the Cannabis Capital Conference....
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Marijuana Sales Hit Record Highs In These 6 US States: Is Marijuana Outpacing Alcohol?
Friday, September 13, 2024 - 2:40pm | 578Marijuana sales hit record highs in six U.S. states in August, as surging demand for adult-use cannabis led to unprecedented revenue across several regions. As Marijuana Moment reported, states that broke their sales records include Connecticut, Maine, Maryland, Michigan, Missouri and New York,...
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Weed Sales Lead Connecticut's Cannabis Market Growth Despite Drop In Medical Sales
Wednesday, September 11, 2024 - 2:27pm | 538Connecticut’s cannabis market is showing indications of a continued upward trajectory, according to last month's combined marijuana sales. The data from the state Department of Health and Human Services revealed recreational cannabis sales reached $17.9 million in August, while medical sales...
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Minnesota's Expungement & New Medical Marijuana Plan, Nevada Disqualifies Cannabis Lounges, Connecticut Regulates THC Drinks And More
Wednesday, July 3, 2024 - 2:30pm | 827There’s been some interesting developments in the cannabis regulatory landscape this days. Here are a few. Minnesota Missed A Spot When it comes to regulating cannabis, you never know where the incongruence is going to appear. Minnesota’s pardons and record clearing have created a...
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South Dakota Nearly Doubles Medical Marijuana Registration Fees, CT. Gov. Lamont Puts Social Equity Funds On Hold & More
Thursday, June 13, 2024 - 9:30am | 1258South Dakota: Medical Marijuana Registration Fees Nearly To Double Medical marijuana businesses in South Dakota will have to pay nearly double the current amount for their state registration certificates, writes Sioux Falls-based TV station KELO. Starting no later than Sep. 30, the...
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Here's Where To Buy Legal Weed: Nevada's Deep Roots Harvest Has New Owner, Shops In Three States That Just Launched Sales
Monday, June 10, 2024 - 8:47pm | 543C21 Investments Inc. (CSE:CXXI) (OTCQX:CXXIF) has completed the previously announced acquisition of a 6,500-square-foot, purpose-built, operational retail cannabis dispensary in South Reno, Nevada. The company's wholly-owned Nevada subsidiary, Silver State Relief, LLC, bought Deep Roots Harvest,...
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Dallas Wants To Vote On Marijuana Decriminalization, Female Orgasmic Disorder Qualifies For Medical Cannabis In Connecticut And More Updates
Monday, June 10, 2024 - 3:34pm | 803New Hampshire's MMJ Program Could Expand Soon If Gov. Sununu Approves As New Hampshire lawmakers are getting ready to cast their final votes on a measure that would allow for cannabis legalization to take place statewide in 2026 and make marijuana for adults legal and regulated, a separate measure...
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Largest Cannabis Co. Curaleaf's $1.5B Projected Revenue For 2025: Analyst Raises Rating To Outperform
Tuesday, May 14, 2024 - 5:32pm | 621Wedbush Securities released a report on Curaleaf Holdings, Inc. (OTC: CURLF), the largest U.S. cannabis company by market cap, raising the stock's 12-month price target to $7.00 from $6.00 and maintaining a buy recommendation (Outperform rating). Key Financials And Rating Curaleaf's market...
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Cannabis REIT NewLake Invests $16M In Connecticut Marijuana Cultivation Facility, Expands Partnership With Michigan's C3 Industries
Wednesday, May 8, 2024 - 4:01pm | 546Cannabis REIT NewLake Capital Partners, Inc. (OTCQX:NLCP) announced on Wednesday that it is acquiring a 58,500 square-foot industrial property in East Hartford, Connecticut. The company also said that it has entered into a long-term triple net lease with an affiliate of Michigan-based C3...
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The Cannabis Caregiver Economy: Why These Workers Deserve Market Access And How States Can Help
Monday, May 6, 2024 - 6:33pm | 1034Caregivers are at the forefront of the medical cannabis industry, tailoring treatments and providing personalized care for patients. Despite their vital contributions, their recognition and compensation often fall short. How can caregivers be fairly rewarded for their work, and what challenges...
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Connecticut House Passes Bipartisan Measure Regulating Cannabis And Hemp Industries
Wednesday, May 1, 2024 - 11:45pm | 582Connecticut House passed Tuesday a bipartisan bill to regulate the cannabis and hemp industries in a 130-16 vote, sending it to the Senate. Measure No. 5150, “An Act Concerning Cannabis And Hemp Regulation,” would redefine high-THC hemp products, ban specific cannabis...
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Cannabis REIT Chicago Atlantic Closes $20M Facility With Massachusetts Weed Co. That Plans To Expand In These Key Markets
Tuesday, April 9, 2024 - 1:17pm | 593Massachusetts-based integrated cannabis operator Nova Farms has received a $20 million loan facility from Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI). Nova Farms manages a Massachusetts cultivation farm, seven retail brands and five full-service dispensaries across the Bay State, Maine...
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Video: Connecticut AG Warns Of Illegal Cannabis Edibles Packaged To Look Like Children's Snacks
Tuesday, March 19, 2024 - 9:29am | 872State Attorney General William Tong (D) and Department of Consumer Protection (DCP) Commissioner Bryan Cafferelli took part in a public service announcement (PSA) warning about marijuana products packaged to look like common children’s snacks. Produced in partnership with the Connecticut...
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Unpacking The $58B Cannabis Market Boom, BDSA Forecasts For 2028
Wednesday, March 6, 2024 - 5:32pm | 976BDSA’s latest market forecast released on Wednesday heralds a new era of unprecedented growth in the global cannabis industry, predicting legal sales to ascend to $58 billion by 2028 from $36 billion in 2023. This anticipated growth, characterized by a robust compound annual growth rate of 10...