Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last year, likely related to consumers who shopped less often because of the COVID-19 pandemic but made larger purchases when visiting a dispensary. The shift…
Recreational Marijuana News
Colorado hits $2B for 2020 marijuana sales – with December still to count
The oldest adult-use marijuana market in the United States, Colorado, hit a milestone in 2020 when sales surpassed $2 billion for the first time in a calendar year. And that total did not include sales figures for December. According to the Denver Post…
Massachusetts marijuana regulator taps attorney to fill vacant seat
The Massachusetts Cannabis Commission selected Dorchester lawyer Ava Callender Concepcion to fill the last remaining open position on the board.
Massachusetts marijuana regulator taps attorney to fill vacant seat is a post from: Marijuana Business Dail…
Multiple marijuana businesses sue Michigan city over licensing process
Ten marijuana companies filed suit against the Detroit suburb of Berkley, Michigan, in an attempt to overturn a license scoring process that left all of them without business permits. According to C&G Newspapers, the city identified three cannabis …
Colorado authorities issue recall of contaminated cannabis
Colorado regulators issued a recall of marijuana from Denver-based Veritas Cannabis, alleging yeast and mold issues.
Colorado authorities issue recall of contaminated cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusine…
California marijuana regulatory merger on track for July
California Gov. Gavin Newsom’s 2020 proposal – to merge the three regulatory agencies that oversee the state’s marijuana industry into one new department – has finally been rescheduled and is now slated to be completed by July. …
CA Legislature might ban smokable hemp, permit hemp food, drinks
(A version of this story first appeared at Hemp Industry Daily.) California lawmakers will be faced again with the long-debated question of whether to allow hemp extracts in food and beverages in the state when the legislative session opens Monday. But…
Edibles outperform cannabis industry growth in 2020 on COVID-spurred sales surge
Cannabis edibles sales grew at a rate exceeding the overall growth of the marijuana industry in 2020, prompting manufacturers to invest in research and development and new product lines for 2021.
Edibles outperform cannabis industry growth in 2020 on C…
Vireo closes $4 million purchase of Nevada cannabis production facilities
Cannabis multistate operator Vireo Health said it has finally closed on a 2018 deal valued at $4 million to purchase four Nevada marijuana production licenses. According to a news release, the permits are only for cultivation and manufacturing and won&…
Oregon marijuana sales reach record $1 billion-plus in 2020
Recreational cannabis sales exceeded $1 billion in Oregon last year, coinciding with the coronavirus pandemic outbreak and mirroring record-high sales in other legal marijuana markets.
Oregon marijuana sales reach record $1 billion-plus in 2020 is a po…