When Senate Bill 333 was approved last year, the state's medical cannabis program was severely reformed. One such reform was to charge a 4 percent tax on all cannabis at retail value for the first year.
The producers and distributors of the hemp-based wellness products that first convinced Dr. Sanjay Gupta of the medicinal properties of cannabis went public August 30 with a projected $100 million initial public offering in the Canadian exchange (CWEB).
When retailers measure success, one of their most important tools is the revenue per square foot equation. While Apple topped the world again last year, clocking in at $5,546 per square foot, and, according to the Motley Fool, the...
The big news this past week was the $5 billion investment by alcohol company Constellation Brands (STZ) into Canopy Growth (CGC). But that wasn’t the only big deal.
Constellation is seeing cannabis as an expanded product line rather than a competitor and is putting a big stake in not only the company, but in the industry.
An increase in medical marijuana patients in their fold, a much high production capacity and an increase in cannabis oil sales all contributed to their great burst of growth.