Finance

Cannabis Canada: Pot generates $8.16B toward Canada's economy - Cannabis News

Economic activity in Canada's legal pot industry tripled since legalization: StatsCan.

Report: Infused Beverages Market Expected to Hit $2.8 Billion by 2025 - Cannabis News

Non-alcoholic CBD-infused beverages are the fastest-growing segment of the "drinkables" market, largely driven by the growing demand for wellness products as a replacement for soft drinks and alcohol.

High Times owner scores 13 California marijuana dispensaries - Cannabis News

The owner of High Times is going to start selling marijuana after championing its use in the pages of its magazine for nearly half a century.

New Mexico Governor Says Legal Marijuana Revenue Could Have Offset Coronavirus’s Economic Hit - Cannabis News

The governor of New Mexico is voicing regret that the state did not legalize marijuana this year because, she says, its eventual revenues could have helped to offset economic damage imposed by the coronavirus outbreak.

Cannabis Has Become a Major Threat to Alcohol - Cannabis News

A new report from ICR Strategic Communications and Spectacle supports what the alcohol companies feared - people who can consume cannabis legally drink less.

Arkansans have spent over $63 million on medical marijuana in the last 11 months - Cannabis News

Medical marijuana dispensaries began popping up across Arkanasas almost a year ago. In that time, over 10,000 pounds of medical marijuana has been sold in Arkansas, according to the Department of Finance and Administration.

US cannabis CEOs say coronavirus crisis will speed up legalization: ‘We have been deemed essential’ - Cannabis News

U.S. cannabis CEOs say the chances for federal marijuana legalization will dramatically increase in the wake of the coronavirus pandemic, after several states declared dispensaries essential businesses, allowing them to remain open during stay-at-home orders aimed at halting the spread of the virus.

Pandemic puts launch of Maine’s recreational marijuana market on hold - Cannabis News

Maine's marijuana czar says launching the adult-use industry by June is 'simply unrealistic.'

Analytics company predicts Massachusetts marijuana market will reach $1.35 billion in 2024 - Cannabis News

So far in 2020, there has reportedly been $157 million in reported marijuana sales in the state.

Pot Use Reached All-Time High in March Amid Lockdown Measures - Cannabis News

Cannabis use hit an all-time high in March as lockdown measures spread across the U.S., giving people more free time with less to do.


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