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Marylanders Paid $12M In Cannabis Taxes In First 3 Months Of Recreational Sales

In the first three months that people could legally buy cannabis in Maryland, customers paid more than $12 million in taxes to the state government. Customers buying recreational cannabis pay a 9% point-of-sale tax on all flower, edibles, tinctures and…

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Florida Has A Math Problem When It Comes To Cannabis

Florida Has A Math Problem When It Comes To Cannabis
Florida’s population has said it wants legal marijuana ..the numbers are the there, but their government doesn’t add up
The post Florida Has A Math Problem When It Comes To Cannabis appeared first on…

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How Blockchain Technologies Are Changing the Cannabis Industry

How Blockchain Technologies Are Changing the Cannabis Industry
Can blockchain technology be a strong tool in helping the marijuana industry with its growth?
The post How Blockchain Technologies Are Changing the Cannabis Industry appeared first on The F…

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1 Marijuana ETF That’s Up an Insane 119.8% in 1 Year

Experts and market analysts believe that the maturing marijuana industry will see a significant advance in 2021. Momentum is building as political preferences, particularly in the U.S., are shifting toward federal legalization. Some people think M&…

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Reddit Effect Takes Cannabis Stocks On A Wild Ride

Assets under management by pot-tracking ETFs are at an all-time high. Cannabis stocks are the latest to experience the often shortlived high provided by Reddit exposure. Social media has proved a powerful driver of retail sentiment so far this year, le…

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Vancouver Council Votes To Slash Sky-High Fees For Cannabis Retailers

A city councillor is hopeful this is the last year cannabis retailers in Vancouver will pay the highest licensing fees in the country. A motion passed Thursday is the first step in slashing the $34,000 annual fee — which is nearly ten times what liquor…

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The Challenge Of Building Credit In The Cannabis Industry

Businesses need funding to grow. Securing funding isn’t as easy as a walk down to the local bank, however. To receive a loan or a line of credit, a business must demonstrate a financial history record that portrays how trustworthy it is with money. No …