Delaware increased the number of medical cannabis business licensees from three to six, a reflection on medical cannabis card registrations soaring nearly 40% last year over 2019. According to the Dover-based Delaware State News, the three new licensee…
Marijuana Dispensary & Cannabis Store News
Washington DC could see long-delayed start to recreational cannabis sales, new medical opportunities
Washington DC’s long-stalled recreational cannabis market could get a new lease on life now that Democrats control both chambers of Congress, a development that could generate more than $200 million in annual sales for local marijuana retailers i…
How Canadian retailer Nova Cannabis plans to profit from shift to Value Buds brand
Canadian marijuana retailer Nova Cannabis will bet heavily on a value strategy after combining with a competitor, signaling the continuing importance of low-priced products in the increasingly competitive Canadian adult-use market. After the deal close…
Cannabis topicals make big gains around Valentine’s Day; beverages, edibles see a bump, too
Topicals are a sliver of the overall cannabis market, but around Valentine’s Day, when many couples try to spice up their sex lives, the product category rides Cupid’s arrow to higher sales. Edibles and beverages enjoy increased sales, too, accor…
MJBizDaily launches annual marijuana industry survey to collect business data
The annual marijuana business survey helps MJBizDaily provide key market, financial and operational data for businesses and entrepreneurs.
MJBizDaily launches annual marijuana industry survey to collect business data is a post from: Marijuana Business …
Illinois-based marijuana MSOs teaming up on two stores, report says
Competing multistate marijuana companies Green Thumb Industries and Verano Holdings have quietly joined forces to operate two dispensaries in their home state of Illinois. Government records show subsidiaries of both companies are the registered manage…
Prospects for adult-use cannabis legalization loom large in Connecticut
Connecticut’s heavily regulated medical cannabis market is expected to post a respectable 15% increase in sales this year, but it’s the prospect of adult-use legalization and a nearly $750 million market that has multistate operators rubbing their hand…
Mexico’s medical marijuana program offers firms a chance to enter new adult-use industry
Marijuana and hemp companies keen to participate in Mexico’s emerging medical cannabis program should start preparing now, attorney advise, noting it will give businesses a leg up in entering the nation’s adult-use industry once it launches.
MexicoR…
Nearly $1 million settlement proposed in MedMen marijuana class action suit
A 2½-year-old class action lawsuit brought by former employees of multistate marijuana operator MedMen has almost concluded, with the lead plaintiffs asking a California judge to approve a proposed $975,000 settlement. A hearing is scheduled for March …
Colorado’s total marijuana sales near $10 billion, buoyed by record 2020
Colorado’s total marijuana sales reached nearly $10 billion since legal sales began in 2014.
Colorado’s total marijuana sales near $10 billion, buoyed by record 2020 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness n…