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Cannabis Business

  1. Home
  2. Cannabis Business
Las Vegas Hotel is Undergoing a Cannabis-Friendly Makeover

Las Vegas Hotel is Undergoing a Cannabis-Friendly Makeover

  • Cannabis Business, Cannabis News
  • Jan 31, 2023
A Las Vegas hotel is spending millions on upgrades and a new brand image so it can claim the title of city’s first cannabis-friendly hotel.

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Connecticut Opens First Adult-Use Marijuana Shops

Connecticut Opens First Adult-Use Marijuana Shops

  • Cannabis Business, Cannabis News
  • Jan 18, 2023
According to a report by Marijuana Moment, recreational marijuana sales began in Connecticut, the latest state in the region.   The

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$2M Received for Hemp Insulation Company

Hemp Insulation Company receives $2 million from the Scottish National Investment Bank

  • Cannabis Business, Cannabis News
  • Jan 18, 2023
According to Insider, the Scottish National Investment Bank is investing an additional £2 million ($2.4 million) in IndiNature Mill, which makes

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NM $43M Dec. Cannabis Sales Record

New Mexico Sets a New Monthly Record for Cannabis Sales with $28 million in December

  • Cannabis Business, Cannabis News
  • Jan 18, 2023
KOAT 7 reported that in December, New Mexico’s cannabis sales for adults hit a new high of $28 million. When compared to the previous

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Sample Home Grow Application Released by Missouri

Sample Home Grow Application Released by Missouri

  • Cannabis Business, Cannabis News
  • Jan 18, 2023
The Missouri Department of Health posted a sample application for growing cannabis plants at home, according to 5 On Your Side. This is the first

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ME Cannabis Sales Doubled in 2022

From 2021 to 2022, Sales of Cannabis in Maine nearly Doubled

  • Cannabis Business, Cannabis News
  • Jan 18, 2023
Last year’s sales of cannabis for adult use in Maine nearly surpassed the sales from 2021, the first full year of sales. This was reported

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$10M in Medical Cannabis Sales in IA

In 2022, Medical Cannabis Sales in Iowa reached $10 million

  • Cannabis Business, Cannabis News
  • Jan 13, 2023
Iowa’s medical cannabis sales in 2022 were $10.2 million, despite the state’s small population and the fact that just 5 shops were

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MA Recreational Sales Surpass $4B

Massachusetts Sales of Recreational Marijuana are about to Surpass $4 Billion

  • Cannabis Business, Cannabis News
  • Jan 13, 2023
Tax revenue from the sale of marijuana for adult use in Massachusetts keeps filling the state coffers.   According to the Massachusetts

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NY First Licensed Cannabis Shop Opens

New York’s First Licensed Cannabis Shop Opens

  • Cannabis Business, Cannabis News
  • Jan 5, 2023
CBS New York reported, the first legally operating cannabis store in New York will welcome its first customers.   New York City’s East

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Google to Allow Hemp and CBD Product Ads in Select Markets

Google to Allow Hemp and CBD Product Ads in Select Markets

  • Cannabis Business, Cannabis In Politics, Cannabis News
  • Jan 5, 2023
Marijuana Moment says that Google will stop saying that ads for hemp and CBD products are not allowed. The internet and technology corporation

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Marijuana Patient Workplace Protection

Task Force Approves Medical Marijuana Patient Workplace Protection Recommendations in Louisiana

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Dec 27, 2022
To safeguard workers who use medical marijuana, a council in Louisiana has spent months debating policy proposals, and they approved more than a

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Africa's Cannabis Industry Growth

Cannabis Industry in Africa Poised for Substantial Development

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Dec 27, 2022
The global market for cannabis and hemp is booming, with many African countries playing key roles in the supply chain. Global sales of cannabis

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Adult-use Marijuana Sales

Adult-use Marijuana Sales in New Jersey Surpassed $100 Million for the First Time, According to State Data

  • Cannabis Business, Cannabis News
  • Dec 27, 2022
In the third quarter of the fiscal year 2022, New Jersey reported that sales of marijuana for both medical and recreational use had topped

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Decline in WA Cannabis Sales

Washington Cannabis Sales Fall for the Very First Time Since Legalization

  • Cannabis Business, Cannabis News
  • Dec 27, 2022
According to the Seattle Times, this year has been the first in the decade since legalization was approved by voters that cannabis sales have

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$1.6M in Cannabis Sold in RI

During the First Week of Sales, Rhode Island Sold $1.6 Million in Cannabis

  • Cannabis Business, Cannabis News
  • Dec 17, 2022
According to WPRI, in the first week of sales for adults-only, dispensaries in Rhode Island raked in more than $1.63 million.   The total

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CT Announced Adult-Use Sales Beginning

Officials in Connecticut have Announced that Adult-use Marijuana Sales will Begin

  • Cannabis And Culture, Cannabis Business, Cannabis Legalization, Cannabis News
  • Dec 17, 2022
The first legal sales of marijuana for adults in Connecticut have been declared by the governor and the state’s regulatory bodies.  

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NY Officials Clarify Delivery Rules

Officials in New York explain Marijuana Delivery Rules before Dispensaries Open

  • Cannabis Business, Cannabis News
  • Dec 17, 2022
Before recreational dispensaries open in New York, officials are outlining regulations for the companies that will provide consumers with

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NJ Approves Cannabis Consumption Lounge

Officials in New Jersey Approve Cannabis Consumption Lounge

  • Cannabis And Culture, Cannabis Business, Cannabis Legalization, Cannabis News
  • Dec 17, 2022
According to the New Jersey Monitor, the state’s Cannabis Regulatory Commission (NJ-CRC) finalized its proposed ruleset for cannabis

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Legal Cannabis is Eroding Alcohol Sales, According to a Report

Legal Cannabis is Eroding Alcohol Sales, According to a Report

  • Cannabis And Culture, Cannabis Business, Cannabis Legalization, Cannabis News
  • Dec 7, 2022
Analysts at Cowen Equity Research say that legal cannabis sales in the U.S. have started to cut into the sales of beer, wine, and liquor.

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NJ Officials Seek Public Input

New Jersey Officials Solicit Public Input Regarding Revenue From Marijuana

  • Cannabis Business, Cannabis In Politics, Cannabis News
  • Nov 30, 2022
The state Cannabis Regulatory Commission held three public hearings to collect testimony that will be used to allocate social equity fees

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NY Allows 1st Social Equity Dispensary Storefronts

New York Authorizes Firms To Construct Initial Social Equity Marijuana Dispensary Storefronts Days Before a Crucial Meeting of Regulators

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Nov 30, 2022
When the social equity marijuana retail market in New York officially debuts, which is scheduled to happen before the end of the year, these 150

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NY Issued 36 Retail Marijuana Licenses

New York Grants the First 36 Retail Marijuana Licenses

  • Cannabis And Culture, Cannabis Business, Cannabis Legalization, Cannabis News
  • Nov 30, 2022
The New York Office of Cannabis Management granted retail licenses to 36 applicants, including 28 “justice-involved” persons and

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DC Bill Lets Canna Stores Get Retail Licenses

A Bill in The District of Columbia to Allow Unlicensed Cannabis Stores to Get Retail Licenses

  • Cannabis Business, Cannabis Legalization, Cannabis News
  • Nov 30, 2022
Multiple attempts by D.C. officials over the past year to crack down on unlicensed cannabis stores, often known as “gifting” or

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LA Evaluates Marijuana Employment Protections

Task Force in Louisiana Evaluates Employment Protections For Medical Marijuana Patients

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Nov 30, 2022
A legislative task team in Louisiana met multiple times to discuss and make suggestions on how to handle employment concerns related to medical

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100 Applications for Consumption Lounges in NV

Nevada Marijuana Regulators Have Received One Hundred Applications for Consumption Lounges, With Plans to Approve by the Beginning of 2023

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Nov 17, 2022
100 applications for the first marijuana consumption lounge permits in Nevada were submitted during a brief period last month, and the

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In Sacramento, the First Social Equity Cannabis Retailer Opens

In Sacramento, the First Social Equity Cannabis Retailer Opens

  • Cannabis Business, Cannabis News
  • Nov 17, 2022
Under the CORE initiative of the city of Sacramento, the first social justice cannabis retail store in the state capital has opened for

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Illinois Offers $8.75M Loans to Social Equity

The State of Illinois Has Just Announced a New $8.75 Million Loan Program for Companies With a Strong Commitment to Social Equity

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Nov 17, 2022
In the spring of 2023, the Illinois Department of Commerce and Economic Opportunity will issue $8.75 million in state-backed loans for

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Recreational Marijuana Dispensaries coming soon to NY

The Approval of New York’s First Recreational Marijuana Dispensaries Is Potentially Just Weeks Away, Says Top Regulator

  • Cannabis Business, Cannabis Legalization, Cannabis News
  • Nov 11, 2022
A leading regulator in New York indicated that the upcoming Cannabis Control Board (CCB) meeting might authorize the first licenses for

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Cannabis Sales in CO

Colorado Sold More than 13B in Cannabis Since Legalization

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Nov 11, 2022
Since its legalization in 2012, Colorado has made $2.2 billion in taxes off of the sale of marijuana for adults.   Mason Tvert, told 9 News

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New Measure Helping Cannabis Businesses in NJ

New Measure in New Jersey Helping Cannabis Businesses With 280E Workaround

  • Cannabis Business, Cannabis News
  • Nov 9, 2022
Lawmakers in New Jersey have passed a measure allowing marijuana businesses to use a partial 280E workaround to claim state tax deductions.

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Believe Cannabis Will Boost Economies

71% of Americans Believe Cannabis Boosts State Economies, According to a Recent Survey

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Nov 9, 2022
According to a survey conducted by Real Estate Witch, 71% of Americans think cannabis legalization is good for state economies, and while only

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$200K to Boost Hemp Industry in PA

Proposal for $200K in Grant Funds to Boost Hemp Industry in Pennsylvania

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Nov 3, 2022
Pennsylvania officials are seeking proposals from nonprofit marketing and promotion groups for projects intended to boost the state’s hemp

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Vote to Eliminate Medical Licenses Caps

Vote by D.C Committee to Eliminate Medical Marijuana Licenses Caps

  • Cannabis And Culture, Cannabis Business, Cannabis In Politics, Cannabis News
  • Nov 3, 2022
Legislators in Washington, D.C., approved a bill that would fundamentally alter the District’s medical marijuana program in a number of

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Job Growth in AK due to Cannabis

Job Growth in Agriculture Sector in Alaska Due to Cannabis Industry

  • Cannabis Business, Cannabis News
  • Oct 25, 2022
According to a study by the Alaska Department of Labor and Workforce Development, the marijuana industry is the driving force behind

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Cannabis Sales Record Hit in Michigan

New Sales Record Hit in Michigan $212 Million for Cannabis

  • Cannabis Business, Cannabis Legalization, Cannabis News
  • Oct 25, 2022
Michigan has seen a record-breaking month of marijuana sales for the third time in 2022, reaching $212 million in September. This total is about

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Medical Cannabis Sales Reach $205 Million in Arkansas

Medical Cannabis Sales Reach $205 Million in Arkansas

  • Cannabis Business, Cannabis News
  • Oct 25, 2022
The Fort Smith Times Record reported that medical cannabis sales in Arkansas are already at $205 million so far this year which is on track to

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First Cannabis Associates Degree

First Cannabis Associates Degree Program in Illinois at Community College

  • Cannabis And Culture, Cannabis Business, Cannabis In Science & Health, Cannabis News
  • Oct 19, 2022
Olive-Harvey College in Pullman, Illinois will offer a first-of-its-kind Associate Degree in Applied Cannabis Studies. The program will include

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Cannabis Regulators Reject Testing

Nevada Cannabis Regulators Reject Testing Lab’s Bid

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Oct 10, 2022
The Cannabis Compliance Board voted unanimously to reject the motion to dismiss the disciplinary action against a Nevada testing lab. The lab

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cannabis delivery licenses

Social Equity Companies Exclusive Rights to Delivery Cannabis in Denver

  • Cannabis Business, Cannabis Legalization, Cannabis News
  • Oct 3, 2022
Denver city officials are set to consider making cannabis delivery licenses permanently exclusive to social equity applicants. The move would

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Hempcrete Approved

Hempcrete Has Been Approved for U.S Residential Construction

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Sep 30, 2022
Hempcrete, a carbon-sequestering fibrous insulation material made from hemp stalk hurds and lime, has been approved for the U.S. residential

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MO Cannabis Sales

Cannabis Sales Expected to Reach up to $300M In First Few Years in Missouri if Legalization is Approved

  • Cannabis Business, Cannabis Legalization, Cannabis News
  • Sep 30, 2022
If Missouri voters approve legalization this November, the state’s adult-use cannabis industry could generate between $250 million and $300

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Female-Led Companies

Business Financing Harder for Women-Led Cannabis Companies

  • Cannabis Business, Cannabis News
  • Sep 25, 2022
According to a recent Yahoo Finance report, female-led cannabis companies face significant challenges when it comes to raising capital, compared

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Cannabis Firm Fined

Cannabis Firm Fined $115K in Michigan

  • Cannabis Business, Cannabis News
  • Sep 25, 2022
The Michigan Cannabis Regulatory Agency recently fined eight cannabis firms a total of $116,000 for failing to submit required financial reports

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Consumption-Friendly Show Coming to MA

NECANN’s Consumption Friendly Show Coming to MA

  • Cannabis And Culture, Cannabis Business, Cannabis News, NECANN News
  • Sep 25, 2022
The NECANN New Consumption-Friendly High Lifestyle Show is coming to Boston from October 7th to the 9th. NECANN is hosting a new event called the

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50+ Citations Issued in New Jersey

Over 50 Citations Issued to Cannabis Businesses in New Jersey

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Sep 15, 2022
Between January 2020 to April 2022, the New Jersey Cannabis Regulatory Commission issued 54 citations to seven cannabis companies. The

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$1B Cannabis Sold in Illinois

$1 Billion of Cannabis Sales in Illinois This Year

  • Cannabis And Culture, Cannabis Business, Cannabis News
  • Sep 15, 2022
Illinois has surpassed more than $1 billion in cannabis sales by the end of August, which represents a 16% year-over-year increase from the

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Adult-Use Cannabis Sales in New York

Adult-Use Cannabis Sales Delayed Until Middle of Next Year in New York

  • Cannabis Business, Cannabis Legalization, Cannabis News
  • Sep 15, 2022
The Executive Director of New York’s Office of Cannabis Management, Chris Alexander, said that applications for cannabis cultivation,

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Adult-Use Cannabis in NJ

$80M Reached During First 10 Weeks In New Jersey for Adult-Use Cannabis

  • Cannabis Business, Cannabis News
  • Sep 2, 2022
The Cannabis Regulatory Commission (CRC) in New Jersey recently reported that adult-use cannabis sales have reached $80 million in the first 10

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AR Medical Cannabis Sales

Medical Cannabis Sales Reach $23.3M in July in Arkansas

  • Cannabis Business, Cannabis News
  • Aug 23, 2022
Sales of medical cannabis in Arkansas reached $23.3 million in July 2022, according to data from the state Health Department. This total exceeds

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Maine Adult-Use Cannabis Businesses

Maine Offering Towns $20k to Allow Adult-Use Cannabis Businesses

  • Cannabis Business, Cannabis News
  • Aug 23, 2022
The Maine Office of Cannabis Policy is offering municipalities that allow adult cannabis sales up to $20,000 to help regulate costs. Cities and

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