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This Week In Cannabis: Rescheduling Delays, The DEA, Biden's Clemency, Philip Morris' New Bet And More
Friday, January 17, 2025 - 2:31pm | 1074The cannabis industry continues to evolve amidst regulatory challenges, expanding markets and innovative product launches. This week’s updates span U.S. federal reform delays, Florida's renewed push for legalization, international developments in Europe, corporate acquisitions and cutting-...
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DeSantis Targets 'One Big Weed Company' Funding Florida's Legalization Campaign, Citing 'Corporate Interests'
Wednesday, September 18, 2024 - 3:04pm | 985As Florida prepares for a critical vote on recreational cannabis legalization this November, Governor Ron DeSantis is intensifying his campaign against Amendment 3, this time challenging cannabis giant Trulieve (OTC:TCNNF) (CSE:TRUL). In an effort to counter what the polls show as a majority of...
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Michigan, Top Seller Of Legal Cannabis In US Reports Flat Sales In June, Colorado's Marijuana Downturn Continues
Wednesday, July 17, 2024 - 12:27pm | 460Top Seller Of Legal Cannabis In US Reports Flat Weed Sales In June Much like in May, Michigan marijuana sales remained relatively flat in June, with a total of $278.8 million in cannabis products sold last month. In May, that figure was slightly higher at $279.6 million, while $278.5 million worth...
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North Dakota Cannabis Legalization Initiative Garners Enough Signatures For November Ballot, Activists Say
Wednesday, July 3, 2024 - 10:10am | 595New Economic Frontier, which is behind the push to legalize marijuana in North Dakota, said on Tuesday that the campaign had gathered enough signatures to place the initiative on the November ballot, reported Marijuana Moment. The deadline to submit the signatures to the state is Monday, July 8. "...
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The Rise And Fall Of Pioneering Weed Markets: RIP California And Colorado Cannabis Industries
Sunday, June 30, 2024 - 12:51pm | 1933This article was originally published on Cannabis.net and appears here with permission. When Colorado and Washington made history in 2012 as the first U.S. states to legalize recreational marijuana, they kicked off a green rush that rapidly transformed the cannabis industry. Colorado in particular...
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Colorado's Youth Marijuana Consumption Hits Historic Lows, Survey Finds
Thursday, June 27, 2024 - 6:27pm | 497In Colorado, the first state to legalize recreational cannabis, recent survey results reveal a noteworthy shift in youth behavior. According to the latest Healthy Kids Colorado Survey (via Colorado Sun), fewer than 13% of high schoolers reported using marijuana in the past month, marking the...
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Could The German Cannabis Market Be Worth $100 Billion In The Next 5 Years?
Wednesday, June 19, 2024 - 11:39am | 1122This article was originally published on Cannabis.net and appears here with permission. Last March, Germany announced that they would be legalizing recreational weed. Thousands of German residents are relieved that the country has finally legalized adult-use marijuana; medical use has been ...
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Cherokee Tribe Moves Forward With Recreational Cannabis Sales, While North Carolina And Neighboring States Remain Fully Illegal
Friday, June 7, 2024 - 4:17pm | 576About nine months after members of the Eastern Band of Cherokee Indians (EBCI) voted to legalize marijuana sales for adults over 21, the Tribal Council made it official on June 6. However, recreational sales won’t start immediately. EBCI Attorney General Mike McConnell said it might take two...
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Medical Marijuana Giant Trulieve Resolves Legal Dispute In Ohio As Recreational Cannabis Rules Go Into Effect
Thursday, May 30, 2024 - 2:41pm | 511As rules to guide recreational marijuana program in Ohio are taking effect these days, Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) resolved its legal dispute with Harvest of Ohio LLC that's been ongoing for nearly a year. "The parties have agreed upon an amicable separation that will allow...
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Here's Where To Buy Legal Weed: Florida's Thriving Cannabis Landscape And More New Marijuana Stores In US And Canada
Monday, May 13, 2024 - 11:18am | 1204Florida's Cannabis Retail Landscape Is Thriving In anticipation of the outcome of Florida's Measure 3, cannabis giants are racing to bolster their retail footprint in the Sunshine State. Headquartered in Chicago, Illinois, Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF) wrapped up April by...
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Medical Marijuana Giant Trulieve, Backer Of Florida's Recreational Cannabis Ballot, Narrows Loss, Reports Uptick In Q1 Revenue, Gross Profit
Thursday, May 9, 2024 - 8:49am | 671Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) announced its first quarter results for the three months ended March 31, 2024. The Tallahassee-based medical cannabis giant reported revenue of $298 million for the first quarter of fiscal 2024, representing an increase of 4% sequentially and year-...
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One In Two Biden Voters Want To Live In A Place Where Marijuana is Legal, One In Eight Trump Supporters Want The Same
Thursday, April 18, 2024 - 12:47pm | 465Nearly half (46.8%) of homeowners and renters nationwide who plan to cast their vote for President Joe Biden in the November 2024 election want to live in a place where recreational weed is legal, a new report from Redfin revealed. Donald Trump's supporters, on the other hand, are not too fond of...
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Weed Giants Tilray And Curaleaf Ramp Up Presence In Europe, Here's Why
Thursday, March 14, 2024 - 10:57am | 1107The European cannabis market is one of the most rapidly expanding markets globally. Prohibition Partners revealed in its latest report on cannabis in Europe that the combined market size of all CBD categories surpassed €2 billion ($2.2 billion) in 2023. The report called Germany, Czech Republic,...
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Dem-Backed Push Clears Path For Weed Sales In Virginia, Now It's Up To Gov. Youngkin Who Shows No Interest
Tuesday, February 27, 2024 - 1:05pm | 659Members of the Virginia Senate panel gave the green light to a "compromise" version of a bill to legalize and regulate retail recreational cannabis sales on Tuesday. The Senate Finance and Appropriation Committee approved the most recent and amended version of HB 698 from Del. Paul Krizek (D) in a...
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Cannabis Retail Giant High Tide Will Distribute Weed Products In Manitoba As North American Footprint Grows
Wednesday, February 14, 2024 - 3:02pm | 817High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) announced on Tuesday that it has signed an agreement with the Manitoba Liquor and Lotteries Corporation (MBLL) through its wholly-owned subsidiary Valiant Distribution Canada. Under the deal, the Canadian cannabis retail agreed to distribute...