MEXICO CITY — Mexico’s marijuana revolution is on display steps from the nation’s Senate, where for the last nine months activists have maintained a fragrant cannabis garden. Each day, hundreds of people stroll amid a labyrinth of towering green plants, freely lighting joints and getting high. Their wafting smoke is meant to serve as a reminder to Read More
Cannabis sales set another record in September, bringing total spending on adult-use cannabis to more than $530 million. SPRINGFIELD, IL — Pot purchasers have spent more than a half-billion dollars on recreational marijuana products at Illinois dispensaries since the start of the year, according to data from state agencies. Last month, adult-use cannabis sales in Read More
Sea Weed Co. is a retail marijuana supplier in the Portland, Maine, area. Recreational sales of pot began Oct. 9, 2020 in Maine. (WMTW/CNN) SOUTH PORTLAND, Maine (AP) — Mainers got their first opportunity to legally buy marijuana for recreational use, but a supply shortage was a potential buzzkill. Retailers blame the pandemic and a limited Read More
The adult-use marijuana club of the United States just grew to 11 with the addition of Vermont on Wednesday. Gov. Phil Scott, a Republican, announced that he allowed legislation to regulate and tax cannabis sales to become law without his signature, according to a news release from the governor’s office. The news, which sets the stage for Read More
Lil Wayne performs during the 2020 BET Awards on June 28, 2020. (Photo by BET Awards 2020/Getty Images via Getty Images) Rapper and entrepreneur Lil Wayne’s cannabis brand GKUA Ultra Premium, which debuted last December in California, has expanded to Michigan. The products launching in Michigan at select dispensaries include flower, pre-rolls, vapes, concentrates and the Read More
SOURCE: GETTY IMAGES There are expected to be a number of fast-growing trends this decade, including cloud computing, the Internet of Things, artificial intelligence, and cybersecurity. But don’t sleep on marijuana. After generating an estimated $10.9 billion in worldwide sales in 2018, legal channel cannabis sales are expected to hit anywhere from $50 billion to Read More
Colorado Gov. Jared Polis makes a point during a news conference about the state’s efforts against the the new coronavirus Thursday, Sept. 3, 2020, in Denver. Colorado Gov. Jared Polis plans to mass-pardon 2,732 convictions of low-level marijuana possession through an executive order Thursday after signing a bill earlier this year that gave him that authority. “This Read More
On November 1, 2020, mandatory testing of all medical marijuana sold at Arizona dispensaries begins. The Arizona Department of Health Services (ADHS) will oversee Senate Bill 1494, which requires the new testing rules. SB 1494 reads, in part, that Arizona medical marijuana dispensaries must test “marijuana and marijuana products for medical use to determine unsafe levels of microbial Read More
Nicole Vaughn prepares to smoke Revolution cannabis as she tests products for the Cannabis Cup at her home on Aug. 27, 2020. (Stacey Wescott / Chicago Tribune) The results of Illinois’ first statewide legal marijuana competition revealed a clear favorite, though a couple of full-time cannabis reviewers caution people to take the results with a grain Read More
Billions of dollars in business opportunities are riding on whether New Jersey residents legalize a recreational cannabis market in November. A recreational marijuana industry in New Jersey itself – with a population of nearly 9 million people – would reach $850 million-$950 million in sales a year by 2024, according to a Marijuana Business Daily projection.https://tpc.googlesyndication.com/safeframe/1-0-37/html/container.htmlBut that’s Read More