cannabis news
cannabis news · page 3
- CBD Market
Study shows less risk of harm by alcohol in states with legal cannabis
TWIN STUDY Study shows less risk of harm by alcohol in states with legal cannabis Marijuana Moment reports that researchers have found that those living in states where cannabis had been legalised were “less likely to risk harm while under the influence of alcohol” than their twin residing in a state where cannabis remained prohibited.
- CBD Market
Canopy Growth looking at the US market due to the increased competition in Canadian adult-use market
CANOPY GROWTH Canopy Growth looking at the US market due to the increased competition in Canadian adult-use market The Motley Fool reports that Canopy’s sales in the second quarter of fiscal 2023 were reported as CAD$118 million, down 10% year over year.
- Adult-Use
Arizona’s adult use sales are up as medical sales fall
NEW HIGHS Arizona’s adult use sales are up as medical sales fall Benzinga reports that Arizona’s adult-use cannabis sales reached a new high in October 2022, with more than USD$85.4 million in estimated sales, $5 million above the $80.4 million from September sales.
- Medical
Research bill was the ‘most meaningful’ cannabis progress in 2022
2022 IN REVIEW Research bill was the ‘most meaningful’ cannabis progress in 2022 Benzinga speaks to industry experts to explore some of the most important tailwinds in 2022 that affected the industry, and that will lay strong foundations in the years to come.
- Markets & Stocks
The new year brings new cannabis opportunities
EMERGING MARKETS The new year brings new cannabis opportunities Opportunities in the U.S. cannabis industry continue to expand, despite some setbacks in the November 2022 elections and continuing resistance at the federal level to cannabis reform, writes MJ Biz Daily.
- CBD Market
Illinois hits a record $1.5 billion of cannabis sales in 2022
SALES RECORD Illinois hits a record $1.5 billion of cannabis sales in 2022 Illinois cannabis sales reached a record high of more than $1.5 billion in 2022, with December marking the strongest sales month to date, writes Marijuana Moment.
- Adult-Use
Adult-use cannabis legalization expected in the US Virgin Islands
BUY THE DIP Cannabis stocks are down, but is now the time to buy?
- Hemp Industry
Ohio lawmakers given four months to consider cannabis reform
REGULATORY HURDLES New York still has a lot to work out as their adult-use market finally launches Dozens of entrepreneurs are on the sidelines waiting – and hoping – for regulatory approval to begin operations in New York, reports MJ Biz Daily.
- Adult-Use
A new bill would provide federal tax relief for cannabis businesses
CANNABIS GUIDANCE Cannabis education is now a feature of Massachusetts driver’s ed Driver’s education in Massachusetts will now include a module on cognitive and physical impairments caused by cannabis use, reports The Washington Examiner.
- CBD Market
FDA to make recommendations on cannabis product regulations
LEGAL RETAIL New York celebrates the opening of the states first retail store New York City recently joined nearly two dozen other US states in legalizing recreational cannabis.
- Adult-Use
New York’s first cannabis retail store will open next week
BIG DEAL SNDL gives 26 retail stores to Nova Cannabis in a retail strategy shift Canadian cannabis company Sundial Growers Inc.
- Medical
Congress leaves out SAFE act and continues ban on DC cannabis
PRODUCT GLUT Canada destroyed 26% of its domestic cannabis last year Canada has destroyed over 425 million grams of domestic cannabis this year, a full 26% of the unpackaged dried flower produced last year, reports High Times.
