Cannabis News

Minnesota’s Office of Cannabis Management (OCM) has received 1,817 applications for 280 cannabis industry licenses, according to data shared by MinnPost. The first licenses will be awarded to social equity applicants, with the agency verifying 2,307 individuals as qualifying, primarily military veterans and people with previous cannabis-related convictions. The next step involves determining whether the […]

The Unified Cannabis Enforcement Taskforce (UCETF) in California has achieved a significant victory against the illicit cannabis market. In a recent sting operation in Los Angeles, authorities seized more than 2.2 million illegal cannabis packages, Governor Gavin Newsom’s office announced on Tuesday. The extensive operation was led by the California Department of Tax and Fee

The international industrial hemp market is set to expand significantly, with projections indicating a growth of USD 13.90 billion between 2023 and 2028. This surge reflects a compound annual growth rate (CAGR) of 25.25%, according to a recent Technavio analysis based on market data from 2018 to 2022. The report forecasts a near 19% year-over-year

Ohio’s cannabis dispensaries with provisional dual-use licenses generated over $11.5 million in adult-use cannabis sales during the first five days of legalization, according to data from the Ohio Division of Cannabis Control. The dual-use licenses, which allow operators to conduct both medical and adult-use sales, were issued earlier this month, with adult-use sales beginning on