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Cannabis sales records smashed or set in 2020, and insiders expect the gains to continue

The COVID-19 outbreak that began about a year ago has proved devastating for many mainstream industries – including airlines and restaurants, for starters – but for those in the cannabis business, 2020 turned out to be a record-setter. Sale…

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New York appears better positioned to legalize $2 billion-plus recreational marijuana market

Facing massive budget woes and legalization in neighboring New Jersey, politicians in New York are set to take another crack at legalizing a recreational marijuana market that could generate more than $2 billion in sales – and this time, the odds…

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20 charts that illustrate the 2020 marijuana market

From a market-altering pandemic to a historic election, 2020 was full of unprecedented challenges and opportunities for the marijuana industry. Throughout the year, Marijuana Business Daily shared these stories and provided context with powerful visual…

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Canopy, Aphria cited for ‘critical’ cannabis regulatory breaches in 2018, new Health Canada report shows

Canadian cannabis giants Canopy Growth and Aphria were among a half-dozen licensed producers cited for serious regulatory violations in Health Canada’s compliance report covering the 2018-19 fiscal year. The federal cannabis regulator also disclosed th…

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Cannabis banking reform excluded from $900 billion coronavirus relief package

Cannabis banking reform will have to wait. Such reform isn’t included in the 5,593-page, $900 billion coronavirus relief bill being considered Monday in the U.S. Congress, even though it was part of the initial U.S. House relief measure. But ther…