Although this proposal has been in the works for a while now, it’s looking like cannabis consumption lounges will be legal at some point this year. Â
For one, the cannabis and hemp consumers are going to become more discerning, both in terms of the quality of product as well as the purity, safety and reliability of product.
In the two states where cannabis is cheapest, Washington and Oregon, there is currently a glut of cannabis cultivators; leading to low prices and oversupply.
Altria, the parent company of Philip Morris USA and maker of the Marlboro cigarette brand, is reportedly considering a bold move to join the cannabis industry.
New Jersey makes a bold move towards adult use legalization, Dixie and Grown Rogue started trading on the CSE, it was a busy week for earnings...and more in this week's Green Market Report.
According to numbers released by the Cannabis Control Commission, Massachusetts brought in over $2.2 million in their first official 5 days, selling nearly 57,000 items to eager consumers.