While the COVID-19 pandemic has played havoc with the Washington economy and many of its industries, it has boosted at least one: the state’s legal marijuana operations. Marijuana sales at state-licensed stores jumped in March as the state went into its “Stay Safe” restrictions with workers in nonessential jobs told to stay home and many […]
Legal Marijuana
State ballot measures to legalize cannabis could add $9 billion to US marijuana market
Despite a delay in the U.S. House of Representatives vote for a bill that would seek to legalize cannabis at the national level, the legal cannabis market in the U.S. still stands to substantially grow as more states plan to let voters decide whether they want to legalize it. According to a new report from cannabis […]
Hobby to craft: First marijuana ‘microbusiness’ license awarded to Northern Michigan man
The first marijuana seeds were planted for his personal use in 2009. Back then, Ben Kolasa didn’t know what he was doing. A little more than a decade later, through countless trials and errors, the 33-year-old is opening Sticky Bush Farms, his own recreational marijuana business in Presque Isle County’s Onaway, about 45 minutes from Mackinaw […]
N.J.’s largest medical marijuana dispensary is expanding its footprint
All eyes may have turned to the Nov. 3 ballot question seeking to legalize marijuana for those over 21, but the state’s decade-old medical marijuana program continues to grow and evolve. Curaleaf, the largest alternative treatment center in the state, quietly added another building to its Bellmawr campus this summer. Last week the company announced plans to open […]
Marijuana Stocks: Aurora Cannabis Forecasts Lower Sales As New CEO Steps In
Aurora Cannabis stock fell hard after hours after the Canadian pot producer forecast falling cannabis sales in the current quarter, while net sales for its fourth quarter came in slightly below estimates. The company reported the Q4 results and Q1 outlook after it named a new CEO this month — part of an effort to […]
Joe Biden and Cannabis: Everything You Need to Know
Just in case you needed the reminder, Election Day is now just 44 days away. Amid the chaos that’s been the coronavirus disease 2019 (COVID-19) pandemic, tens of millions of Americans around the country will soon head to their local voting booths or mail in their ballots to determine the path the U.S. will take […]
New Record: Colorado Marijuana Sales Topped $226 Million In July
Marijuana sales continue to set new records in Colorado, eight years after recreational use was legalized in the state. Sales topped $226 million in July, according to the Department of Revenue. Marijuana dispensaries were deemed essential businesses during the coronavirus pandemic and were allowed to remain open during the stay-at-home order. Colorado also made online sales […]
Governor’s team to meet to address complaints about marijuana licensing process in Illinois
Amid a flurry of complaints that the marijuana licensing process is broken, Gov. J.B. Pritzker’s office announced Wednesday that his team will meet with those affected to address the issue. “The Governor’s office is currently working to schedule meetings with interested stakeholders, however, meeting dates and times have not been finalized,” Pritzker’s press office wrote […]
Recreational Marijuana Sales Hit New Record High In Illinois, And Number Is Expected To Keep Rising
Recreational marijuana sales just set a new record high – nearly $64 million worth of cannabis was sold last month. And as CBS 2’s Meredith Barack reported Tuesday evening, those numbers are expected to keep growing. At the Sunnyside dispensary at 436 N. Clark St. in River North, a lot of green has been changing hands […]
Kamala Harris Pledged a Joe Biden Administration Would Decriminalize Marijuana
Democratic vice presidential nominee Kamala Harris said, if elected, she and presidential nominee Joe Biden would plan to decriminalize the use of marijuana. Harris outlined the proposal’s broad strokes during a virtual roundtable she hosted with ABC through Facebook Live on September 14. “Under a Biden-Harris administration, we will decriminalize the use of marijuana and automatically expunge […]
