The average retail price for smokable recreational marijuana products in four Western states continued to increase throughout the coronavirus pandemic, thanks to record demand. Retail flower prices in California, Colorado, Nevada and Washington state c…
retail
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 …
Cannabis Sales In California Reach $4.4 Billion In 2020: ‘Essential’, Edibles, And The Election
As experts release more data from the year 2020, it shows a silver-lining for the cannabis industry despite challenges including federal prohibition amid a pandemic. Sales in California hit $4.4 billion last year, up 57% from the year prior, reports MJ…
Woodstock Welcomes First Cannabis Dispensary – With More On The Way
More than two-and-a-half years after cannabis legalization in Canada, Woodstock’s very first legal pot shop opened last week. Woodstock Cannabis – owned by Jeremy Guerra and managed by sister-in-law Britney Guerra – opened at 579 Dundas St. “We wanted …
Recreational Cannabis Sales In Arizona Bring New Jobs – And Long Lines
A day after Arizona dispensaries began selling recreational marijuana, the long lines haven’t slowed — but this could be a benefit to thousands in the state that are unemployed. Territory Dispensary was one of more than 80 businesses to receive a lice…
Queen’s Windsor Farm Shop Selling ‘Popular’ Cannabis-Infused Drinks
The Queen’s Windsor Farm Shop is selling cannabis-infused energy drinks that are flying off the shelves as customers buy in bulk. The farm shop is selling an energy drink called Trip, made from the marijuana compound cannabidiol (CBD). Trip comes in fo…
If You’re A Cannabis Patient In Utah, Here’s Why You Can No Longer Cross Borders For Marijuana
A recent survey showed nearly 60% of patients still consider buying cannabis from black market and out-of-state sources. Last year, Chelsie Warren quit her job as a bus driver so she’d be free to sign up as one of Utah’s first cannabis patient cardhold…
Michigan Cannabis Sales Near $1B In First Year Of Adult-Use Sales
Cannabis sales in Michigan spiked during December, bringing the total to $984.6 million for 2020. Medical cannabis sales accounted for $474 million for the year, while adult-use sales reached $510.7 million, according to New Cannabis Ventures citing da…
Thailand Serves Up Cannabis Cuisine To Happy Customers
“Giggling bread” and “joyfully dancing salad” aren’t the usual dishes on a menu in Thailand, but one eatery is hoping its cannabis-infused cuisine can lure foreign tourists and take the taboo out of the recently legalized leaf. The restaurant at the Ch…
Amsterdam Doubles Down On Plans To Restrict Tourist Access To Cannabis Coffee Shops
When international tourists finally return to the canal-lined historic streets of Amsterdam, one of the city’s main travel attractions might be off limits. Amsterdam Mayor Femke Halsema has proposed a new policy that would ban foreign visitors from acc…