It ended just about as quick as it started. Illinois, the 11th state in the U.S. to legalize adult-use recreational marijuana, is facing supply and staffing issues only one week out of the gate. Short story? There’s a shortage of cannabis flower in the state. Not only was recreational marijuana legalized starting January 1, but […]
Michigan is yet another state that legalized adult-use marijuana sales, and those transactions have brought in bank. Legal sales started December 1, and in that first month, the state tallied almost $6.5 million in sales. The industry is expected to continue to grow at a rapid pace in 2020 as more retail licenses are issued. […]
In an effort to squelch rumors, in a statement to the website Marijuana Moment, Coca-Cola vehemently denied any plans to join the CBD market. The denials came after a man, who goes by the name Gabor the Blind Guy on YouTube, claimed to have insider knowledge from his father that the soft drink giant was […]
In a better-safe-than-sorry move, the Washington State Liquor and Cannabis Board (LCB) removed an online map that showed the locations of cannabis producers and processors in the state after a string of burglaries. The LCB has not compiled data about burglarized cannabis companies since the inception of legal cannabis in 2014. Still, in November, at […]
The first day of legal recreational cannabis in Illinois proved to be a lucrative one. On the first day of legal sales, over 77,000 transactions resulted in almost $3.2 million in sales. Those eagerly anticipating a cannabis purchase waited in line outside dispensaries — some queuing up the day before legalization. The amount spent in […]
You might think that with legalization, in California, the “world’s largest marijuana marketplace” would be booming. Nope. Since California legalized weed, the anticipated constant flocking of customers, willing to abide by the law, hasn’t materialized as planned. Sales in the legal marketplace have flat-lined, while black market weed has been filling in the gaps, providing […]
Recreational cannabis was approved by voters and legalized in Maine in November… 2016. The state started accepting license applications on December 5, 2019. Maine already boasts an established medical marijuana program, and analysts predict the state will generate $158 million from the first year of sales. So why the three-year delay from legalization to implementation? […]
Counterfeiters have flourished in the global cannabis world, and they are not above stealing and appropriating already well-known brands and logos. While the most popular cannabis counterfeit products are vape carts, some have even started packaging cannabis flower and selling it under imitated brand-names like Canndescent — this according to a recent report by California-based […]
Two states are busy issuing recreational cannabis licenses, although one state just legalized cannabis, and the other is set to start in the new year. Michigan On December 1, Michigan’s adult-use recreational cannabis market officially opened for business. The state’s Marijuana Regulatory Agency (MRA) started accepting recreational license applications on November 1. In mid-November, the […]
In a focused effort to eradicate unlicensed and non-compliant entities operating in the recreational marijuana industry, California regulators made a bold statement, suspending 394 cannabis business permits for retailers, distributors, delivery services, and microbusinesses. According to a report from the Associated Press, that’s about five percent of the state’s legal cannabis supply chain, gone — […]
