Arizona Sold $1.6B Worth of Cannabis in 2021 to Become Second-Largest U.S. Market
Mon / Dec 12th
Arizona sold $1.6 billion worth of cannabis in 2021 to become the second-largest cannabis market in the U.S. behind California.
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Mon / Dec 12th
Arizona sold $1.6 billion worth of cannabis in 2021 to become the second-largest cannabis market in the U.S. behind California.
Mon / Dec 12th
The legal cannabis industry in Africa is poised for massive growth with a recent report estimating the market could be worth more than $7.1 billion by the end of 2023.
Mon / Dec 12th
Guam has now appointed 11 “responsible officials” to represent the island’s upcoming cannabis business entities but none have yet to formally submit their business application.
Fri / Dec 9th
The California cannabis brand Kushy Punch received a $128 million fine this week related to the alleged illegal production of millions of cannabis gummies. It is thought to be the state’s largest cannabis fine ever.
Fri / Dec 9th
Rhode Island cannabis dispensaries sold about $1.6 million worth of combined medical and adult-use cannabis during the state’s first week of regulated recreational sales.
Fri / Dec 9th
The office of Connecticut Gov. Ned Lamont (D) said this week that approximately 44,000 state-level cannabis convictions are set to be erased starting January 1, 2023.
Thu / Dec 8th
WNBA star Brittney Griner, who this year was arrested on drug charges in Russia and sentenced to nine years in a Russian penal colony, is free and on her way home following a one-for-one prisoner swap for Russian arms dealer Viktor Bout.
Thu / Dec 8th
Cannabis is now legal for adults to consume, possess, and cultivate in Missouri. Cannabis sales remain off-limits for now but the state’s medical dispensaries are expected to open to adult-use consumers sometime next year.
Wed / Dec 7th
The Senate has walked back plans to include bipartisan cannabis banking reforms in the annual national defense bill following an outcry by GOP lawmakers.
Wed / Dec 7th
Colombia’s Senate has voted overwhelmingly in favor of a constitutional amendment to legalize adult-use cannabis. The proposal already passed the country’s lower legislative body but must undergo at least eight debates in total before it can be formally adopted.
Wed / Dec 7th
The Minnesota Board of Pharmacy filed a lawsuit against Northland Vapor — creator of the “Death By Gummy Bears” line of edibles — alleging that the company’s products far exceed the state’s strict THC potency limits.
Tue / Dec 6th
The PREPARE Act, the latest cannabis proposal in Congress, would prepare the U.S. for the likely end of cannabis prohibition by directing officials to workshop a framework for federal cannabis regulations.
Tue / Dec 6th
New Jersey regulators have approved initial rules for cannabis consumption lounges in the state — a 60-day public comment period will follow before the rules can be officially finalized.
Tue / Dec 6th
While thousands of people applied to have their cannabis charges pardoned by Pennsylvania Gov. Tom Wolf earlier this year, fewer than 250 have actually qualified to see their records cleared.
Tue / Dec 6th OPINION
Corporate initiatives addressing diversity, equity, and inclusion are about more than keeping your company socially responsible — prioritizing DEI will keep your cannabis company innovative, flexible, and representative of the inevitably diverse future.
Mon / Dec 5th
Top Senate Democrats are reportedly set to attach language from the SAFE Banking Act that would normalize the cannabis industry’s access to banking services to a “must-pass” end-of-year bill like the annual National Defense Authorization Act.
Mon / Dec 5th
President Joe Biden signed the nation’s first standalone cannabis reforms bill last week, paving the way for researchers to more easily investigate the plant’s medicinal properties.
Mon / Dec 5th
Colorado cannabis officials have adopted an industry regulations package that includes new cannabis storage requirements and “use-by” labels for cannabis product packaging.
Fri / Dec 2nd
Research analysts at Cowen Equity Research say that legal cannabis sales in the U.S. have started eating into the sales of beer, wine, and liquor.
Fri / Dec 2nd
Berkeley, California city officials advanced a psychedelics decriminalization proposal this week despite concerns by some reform advocates that the proposal does not go far enough to deprioritize law enforcement actions.
Fri / Dec 2nd
The multistate cannabis operator Curaleaf reportedly laid off about 200 employees ahead of the Thanksgiving weekend in an effort to “control costs and drive efficiencies in the face of economic uncertainties ahead.”
Thu / Dec 1st
Adult-use cannabis sales launched today in Rhode Island, which became the 19th state to legalize cannabis earlier this year.
Thu / Dec 1st
The New York Medical Cannabis Industry Association said about 40% of products bought from unlicensed New York City cannabis shops tested positive for contaminants such as E. coli, lead, and salmonella.
Thu / Dec 1st
Minnesota’s Department of Health added obsessive-compulsive disorder and irritable bowel syndrome to its list of qualifying conditions for medical cannabis.
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