Customers around the world lined up around the block to get their supply of cannabis amid the global COVID-19 pandemic. Shutdowns across the world will prohibit the opening of many businesses including cannabis dispensaries. Cannabis stores experienced a flurry of sales as shutdowns caused many businesses to close their doors. See the original article at […]

On the first of legal recreational marijuana in Illinois, Illinois raked in almost $3.2 million in sales of the substance. Legalization also brought about applications for the 75 available dispensary licenses. New licenses will be issued on May 1. See the original article at Raw Story

A new report shows that revenue from cannabis vape products has dropped by 15% nationwide amidst the recent health scare, with some states, including Oregon, seeing decreases of more than 60%. The ailment has sickened at least 530 people and killed nine. See the original article from High Times

Edibles sales in the U.S. and Canada are on pace to reach more than $4.1 billion by 2022, according to a new report. A report from Arcview Market Research and BDS Analytics says the growth will be driven by strategies and participation from the consumer-packaged goods industry. Edibles spending in U.S. and Canadian markets reached […]

The first year of adult-use cannabis sales in Nevada has exceeded the state’s year-end expectations by 25% as of July, reports The Atlanta Journal-Constitution. With June’s revenue, taxed sales will exceed $500 million this year to date, resulting in tax payments totaling over $70 million. Nevada set sales records last year as well. In the […]

There are certain states we think of when we think of marijuana sales, such as California and Colorado. But are there other states that are making a major impact on the cannabis industry in the United States? Here is a list of the 10 states that had the highest marijuana sales in 2017: 10. Maine […]

The U.S. legal cannabis industry is projected to hit $25 billion by 2025, according to a recent forecast from New Frontier Data, a cannabis analytics firm. New Frontier Data released updated industry sales projections, predicting that the $8.3 billion U.S. medical and recreational marijuana industry will grow at a compound annual growth rate of 14.7 […]

Managing partner, David Lipton, of Advanced Grow Labs LLC — one of Connecticut’s four medical marijuana growing companies that survived the process of competing for a state license  and secured local zoning approvals, and outfitting a building to state regulations that are as a tough as those at any pharmaceutical manufacturer—knows his West Haven company is getting close to opening. Lipton […]

Washington reported Friday that stores within the state sold a little less than $3.8 million worth of cannabis during the first month retail sales of marijuana were legal there and that it expects to bring in more than $1 million in taxes. That is significantly less than Colorado who brought in over $2 million in […]

After 20 months in the making, legal marijuana sales begin today in Washington, making it only the second state where it is legal to buy pot without a doctor’s note. Lines started forming quickly in front of the few stores that got last-minute approval to sell. At Cannabis City, where the owner isn’t planning to open […]