Colorado Cannabis Sales Exceed $2 Billion in 2020
Wed / Feb 10th
Despite the pandemic, Colorado set a new annual cannabis sales record in 2020 at $2.19 billion.
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Wed / Feb 10th
Despite the pandemic, Colorado set a new annual cannabis sales record in 2020 at $2.19 billion.
Wed / Feb 10th
Ohio medical cannabis sales quadrupled during the pandemic last year but, by the numbers, the state’s total is still far from what was anticipated given the state’s population of over 11 million people.
Wed / Feb 10th
The Washington State Task Force on Social Equity in Cannabis has called for the state to prioritize race over location for equity applicants and to let funds reserved for equity applicants go to current licensees who would meet the program’s requirements.
Wed / Feb 10th
Lawmakers in South Dakota are still considering rules and regulations for a legal cannabis market in case the recent court decision blocking the state’s voter-backed legalization bid is successfully appealed.
Wed / Feb 10th
Kathleen Sebelius, the former Health and Human Services secretary for the Obama Administration, has joined the National Cannabis Roundtable.
Tue / Feb 9th
A South Dakota judge has ruled in favor of nullifying a cannabis legalization constitutional amendment approved by voters last November. The dispute moves next to the state’s Supreme Court.
Tue / Feb 9th
New Mexico officials may revoke the license of New Mexicann Natural Medicine after a fire from a botched extraction process seriously injured two workers last October.
Tue / Feb 9th
Calvin Johnson, a former NFL star wide receiver and founder of Primitiv, a Michigan-based cannabis company, was just elected to the Pro Football Hall of Fame.
Tue / Feb 9th
A coalition of multi-state operators, tech firms, investor groups, and cannabis advocacy groups announced the formation of the U.S. Cannabis Council, an organization that will push for the federal descheduling and legalization of cannabis.
Mon / Feb 8th
A Minnesota state Rep. has proposed reclassifying medical cannabis as a Schedule 2 substance so patients would be able to legally keep their firearms under federal law.
Mon / Feb 8th
New Jersey Gov. Phil Murphy has signed legislation reducing the penalties for the possession of psilocybin mushrooms from a third-degree crime to a disorderly person offense.
Mon / Feb 8th
Cann Group Limited in Australia said last week it lost $3.6 million when payments meant for an overseas contractor were, “received by an unknown third party as a result of a complex and sophisticated cyber fraud.”
Mon / Feb 8th
Wisconsin Gov. Tony Evers (D) revealed his anticipation of cannabis legalization in the state after including revenue from legal cannabis taxes in his 2021-2022 budget proposal.
Fri / Feb 5th
Former NFL running back and Super Bowl champion Marshawn Lynch has launched a new premium product line called Dodi Blunts, which features products infused with highly potent THCa diamonds.
Fri / Feb 5th
Legal adult-use cannabis sales in Canada finally outpaced the unregulated market during the third quarter of 2020, over two years since the country passed legalization.
Fri / Feb 5th
The Idaho Senate approved a measure to constitutionally ban any statewide legalization of non-pharmaceutical psychoactive drugs (including cannabis). The proposal still has to pass the House in a two-thirds vote and would then move to voters via a ballot initiative next year.
Fri / Feb 5th
A bill to legalize medical cannabis in Alabama has advanced from the state’s Senate Judiciary Committee.
Fri / Feb 5th
Q13 Fox Seattle, a Fox Broadcasting Company affiliate, botched its coverage of former NFL running back Marshawn Lynch’s new Dodi Blunts product line, mistakenly reporting that the blunts were infused with actual 24-carat diamonds.
Thu / Feb 4th
A group of Oregon activists, business owners, and lawmakers have put forward the Oregon Cannabis Social Equity Act, which aims to use cannabis tax dollars to help repair damage done by the racist drug war.
Thu / Feb 4th
Black people in Montana are 9.6 times more likely to be arrested for cannabis possession than their white counterparts — it is the country’s biggest racial disparity for cannabis arrests. Colorado, at 1.5 times more likely, has the lowest racial disparity among cannabis arrests.
Thu / Feb 4th
Minnesota Democrats are cranking up their efforts to enact sensible cannabis reforms with Democratic House Majority Leader Ryan Winkler calling adult-use legalization a “mainstream, bipartisan, broadly supported issue.”
Thu / Feb 4th
Springbig, a Florida-based cannabis loyalty marketing company, has acquired Canada’s BudTender, giving the company full access to cannabis retailers across the Great White North.
Wed / Feb 3rd
The maker of Kool-brand cigarettes has sued cannabis company Capna Intellectual, which does business as Bloom Brands, alleging logo infringement and violations of trademark law.
Wed / Feb 3rd
GW Pharmaceuticals, creator of the first FDA-approved medication made from cannabis, is set to be purchased by Jazz Pharmaceuticals in a $7.2 billion cash-and-stock deal.
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