Sunday, May 29, 2022

Cannabusiness

News

Weed Pop-Ups Are Having A Moment Right Now

Maria Loreto -
Marijuana pop-ups are appearing in a variety of states, whether there's legal marijuana or not. Here's why.
Cannabusiness

Why Is The World’s Largest Cannabis Market Shooting Itself In The Foot?

Benzinga Staff Writer -
High taxes and onerous regulations are keeping unlicensed cultivators out of the legal market and contributingĀ to illicitĀ sales.
Cannabusiness

New York’s Illicit Cannabis Market Is Booming, But Do You Know Why?

Terry Hacienda -
Non-licensed cannabis operators are taking New York by storm.
News

Americans Bought More Weed Than Starbucks Coffee In 2021

Benzinga Staff Writer -
The cannabis industry saw anĀ increase in sales of 30% in 2021.Ā Starbucksā€™ annual revenue in North America grew by 25%.
Cannabusiness

Why Are So Many Cannabis Businesses Losing Money Hand Over Fist?

Terry Hacienda -
Why are 60% of cannabis businesses in America losing money or just breaking even?
News

March Madness: This State Led The Way In Its First Month Of Legal Sales

Benzinga Staff Writer -
After one month, the stateā€™sĀ cannabis sales reached $22.1 million in April.
News

How Much Did New Jerseyans Spend On First Day Of Cannabis Sales?

Benzinga Staff Writer -
Some worried about theĀ availabilityĀ of cannabis forĀ both the recreational and medical markets, but there was plenty to go around.
News

NY Considers Letting Restaurants Infuse Their Food With Weed

Maria Loreto -
The Empire State may soon allow eateries to spike their food with cannabis. Here's why many of them will likely bow out.
News

Michigan’s Cannabis Dispensaries Set New Sales Record On 4/20

Benzinga Staff Writer -
The influx of sales Wednesday translates to more thanĀ $2.55 million in excise taxes and state sales in a single day.
News

Senate Under Pressure From All Sides To Pass Cannabis SAFE Banking Act ā€” Will It Happen?

Benzinga Staff Writer -
Some industry experts believeĀ the billĀ has a better chance of passing the SenateĀ than theĀ MORE Act.
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