The explosive growth of e-commerce during the COVID-19 pandemic has propelled new interest in acquisitions involving direct-to-consumer cannabis delivery.
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July 20, 2021
Arizona set to outpace Colorado in marijuana sales
Arizona is on track to outpace Colorado in marijuana sales just months after it became legal for recreational use in the Copper State, with total annual sales expected to surpass $1 billion by the end of this year, according to state data.
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July 19, 2021
Colorado's tobacco-tax boost generates millions
A new nicotine tax and an increased tax on cigarettes and other tobacco products in Colorado generated more than $34 million in their first five months, according to a data analysis by The Colorado Sun.
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Arizona has seen $74,386,952 in marijuana tax revenue since businesses were approved to begin selling the drug recreationally in late January, the Arizona Department of Revenue said.
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Combined with more people having foodservice delivered and the rise of electric vehicles, store visits can take a big hit over the next 12 months.
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For the first time in history, some Senate Democrats on Wednesday moved to decriminalize marijuana at the federal level, proposing to the remove cannabis from the federal list of controlled substances.
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Marijuana regulators in Michigan issued a recall for 10,000 cannabis-infused chocolates because the products didnТt undergo proper inspection.
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A U.S. Senator from Oklahoma requested $4 million in federal funds to help the state fight illegal cannabis operations.
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Nevada reappointed three members to the compliance board that oversees the state's cannabis industry.
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Los Angeles County authorities announced the seizure of the largest illegal crop of marijuana in state history, worth an estimated $1 billion.
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