Columbia Care And Cresco Labs Call Off $2 Billion Merger Deal
A planned merger between cannabis multistate operators Columbia Care and Cresco Labs valued at $2 billion has been called off, according to a statement from the two companies released on…
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Legal Weed Sales In Minnesota Expected To Hit $1.5 Billion By 2029
Minnesota’s regulated marijuana market is expected to grow to more than $1.5 billion annually by 2029, according to projections from a leading cannabis law firm. As the market matures, Minnesota…
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Cannabis Industry Paid $1.8 Billion in Excess Taxes in 2022
The cannabis industry paid more than $1.8 billion in additional taxes in 2022 alone, according to data from cannabis research firm Whitney Economics. And, spoiler alert: This article does not…
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Missouri Cannabis Sales Top $1 Billion
Missouri has a new billion dollar industry. Cumulative marijuana sales reportedly hit Show Me earlier this month, just three months after the adult-use marijuana market was launched and nearly three…
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New Zealand Officials Seize Half a Billion Dollars Worth of Cocaine
new zealand official announced this week They said they had completed the seizure of a large quantity of cocaine at sea, calling it a “huge economic blow” for drug producers…
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Massachusetts Adult-Use Cannabis Reaches Nearly $4 Billion in 2022
Massachusetts CCC report It shows that between January 1 and December 18, 2022, the state collected $1.42 billion in adult sales. In terms of monthly sales breakdown, the state attracted…
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Industrial Hemp Market to Hit $18.1 Billion in Five Years
Information collected in “”Global Hemp Market by TypeA Research and Markets report analyzing hemp’s many uses as a fiber, food, building material, and more. The report forecasts a compound annual…
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Legislative Report Projects $72 Billion Cannabis Industry By 2030
A new legislative report submitted to Maryland legislators this week projects that the national market for legal cannabis could reach $72 billion annually by 2030, which is the current market…
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Nevada Cannabis Industry Rings Up Nearly $1 Billion in Yearly Sales
Nevada’s cannabis industry will generate more than $965 million in taxable sales in fiscal 2022, down slightly from the previous year’s record $1 billion. The regulated sale of marijuana has…
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BDSA Report Projects $57 Billion in Global Cannabis Sales by 2026
Report published by Cannabis Data Company BDSA predicts global cannabis sales to rise to $57 billion by 2026. This is up from $30 billion in global cannabis sales collected in…
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California Department of Cannabis Announces Seizure of $1 Billion in Illegal Pot This Past Year
DCC Announced on August 25 The official seizure of more than $1 billion worth of illegal cannabis. The department believes this milestone is the result of recent raids conducted in…
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