New Mexico cannabis sales top $5.2 million in first weekend | Las Cruces Bulletin

Adult-use cannabis sales totaled $5.2 million over the first weekend of sales, the Cannabis Control Division of the Regulation and Licensing Department reported Monday. “New Mexico’s launch of recreational cannabis has been one of the most successful, if not the most, of any state,” said Gov. on Sunday, April 3, cannabis retailers made $5,219,575.73 in sales […]

Schumer’s Proposed Cannabis Legislation Takes Center Stage – The Dales Report

Now that the MORE Act passed the House and is likely to die on arrival in the Senate, beltway insiders and those interested in cannabis investing are shifting their attention to Chuck Schumer’s CAOA Act. Though the MORE Act might not reach the 60 Senate votes necessary to surmount a filibuster, Schumer’s proposed bill has […]

Cannabis Companies Reduce 2022 Growth Expectations After Challenging Q4

This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. When we launched this resource in May 2019, companies with quarterly revenue in excess of US$2.5 million qualified. We note that often operating income can include one-time items like stock compensation, inventory write-downs or public […]

Intercure Q4 Revenue Increases 29% Sequentially to C$33 Million – New Cannabis Ventures

“2021 was another successful year for InterCure as we continued to execute our profitable growth strategy while strengthening our brands, manufacturing, distribution and consolidation leadership” said InterCure CEO Alexander Rabinovitch, adding “We achieved another significant milestone of almost 230% year-over-year growth in revenues with 250% growth in adjusted EBITDA, with one of the strongest balance […]

New York to launch first cannabis education campaign – CBS News

“It’s really rooted in science, which is absolutely critical,” said Dr. “We’ve seen candy, food infused with cannabis. “There’s an incredible amount of stigma around cannabis and cannabis use,” said Chris Alexander, director of the Office of Cannabis Management. “One of the key messages early on is safe storage. It’s also meant to arm them […]

Maryland voters’ ability to determine legal recreational cannabis hangs on Hogan’s pen

Capital News Service – Only Republican Gov. The General Assembly also sent another, more extensive, cannabis legalization bill to the governor’s desk Friday. The bills don’t lay out any framework for market structure or licensing, and the sponsor of both bills, Del. Jennings, R-Baltimore and Hartford, rose to object to the bill. According to Colorado officials, […]

Democratic Cannabis Caucus Leaders Say GOP Co-Chair’s Vote Against Legalization Bill Is …

And while the vote largely fell along partisan lines, there was at least one notable “no” on the Republican side: Rep. Not only did his office circulate a letter to other GOP offices ahead of a House Rules Committee hearing on the Marijuana Opportunity, Reinvestment and Expungement Act, outlining the reasons for his opposition after […]

THC and CBD exposure in womb linked to childhood obesity, higher blood sugar, study says

Use of cannabis by pregnant women has been growing in the United States and other countries such as Canada in recent decades. Past studies have shown the use of cannabis during pregnancy is linked to abnormal neurological development, autism and hyperactivity, attention issues, and other cognitive and behavioral issues in children, according to the U.S. […]

How Cresco is Combining with Columbia Care to Create a New Leader in Cannabis

Cresco Labs , a big wave in the sea of consolidation sweeping through the cannabis industry. The team evaluated multiple options, and the Cresco acquisition was the deal that was most ready to generate returns for shareholders and new opportunities for employees, according to Vita. In 2023, the company will have eight states contributing in […]