Massachussetts Cannabis Market

Massachusetts' average revenue per dispensary dropped to $362k/month, down 8% year-over-year, in New Mexico sales went down 3% in November. The cannabis industry continues to show mixed results across key U.S. markets, with notable developments in California, Massachusetts, and New Mexico. While...

Massachusetts cannabis regulators have fined two prominent companies, Ascend Wellness Holdings (CSE:AAWH) (OTC:AAWH) and Curaleaf Holdings (TSX:CURA) (OTC:CURLF), for violations related to consumer safety practices. The fines, totaling $165,000, were issued after both companies self-reported the...

In the heart of Cape Cod, Massachusetts, Tribal Fire, a Native American-owned cannabis delivery service, is blazing a trail in the fast-growing cannabis industry. Founded by Chef John Marcellino, a member of the Mashpee Wampanoag tribe, and his wife, this family-run business stands out in a market...

The Massachusetts Cannabis Social Equity Trust Fund, designed to aid entrepreneurs from communities most affected by prohibition, now boasts over $27 million. By February 2024, the fund had received its first full annual transfer of $27.4 million, largely supporting businesses through grants...

Maryland's recreational cannabis sales, which began in July 2023, surged impressively in just the first month, reaching $87.3 million. According to analysis firm, Zuanic & Associates, this significant growth, although promising, falls slightly short of expectations given the state's...

Bipartisan Bill Seeks To Ease Hemp Farming Regulations Bipartisan lawmakers have introduced a bill to reduce regulations on farmers growing industrial hemp for non-extraction purposes. If passed, farmers would be exempt from background checks and rigorous testing requirements, with an annual visual...

Adult-use marijuana sales in Illinois exceeded $120 million in August, state officials reported on Thursday. Illinois saw $121,933,542 in cannabis purchases last month, with $81,275,830 coming from in-state residents and $40,657,711 from out-of-state visitors, in particular, from neighboring states...