Wednesday, October 4, 2023

Green Market Report

Cannabusiness

4/20 Shows Huge Consumer Potential In Marijuana Industry

Terry Hacienda -
The high holy day of pot is almost here and ready to shake off the rust from last year.
Cannabusiness

State Stunned As First Time In Five Year Cannabis Sales Drop

Green Market Report -
Consumers bought $5.3 billion worth of cannabis in the state last year.
News

Medical Marijuana Patients Increased How Quickly

Green Market Report -
Program changes, including allowing flower and same-day certifications, likely contributed to the boost.
News

This State Could Start Adult-Use Cannabis Sales By July Under New Bill

Green Market Report -
Lawmakers hope to head off a massive gray market by moving quickly.
News

Washington State Cannabis Residency Requirement Upheld By Federal Court

Green Market Report -
Judge: Dormant commerce clause does not apply because of cannabis' federally illegal status.
News

Cannabis Con Man Could Get 10 Years In Prison

Debra Borchardt -
Justin Costello agreed to pay $35 million in restitution.
News

Federal Cannabis Sentences Drop Substantially Since 2014

Debra Borchardt -
Prior cannabis convictions can lead to longer sentences.
Cannabusiness

Vapes Could Be The Big Winners In New York

Debra Borchardt -
In the medical market, vapes have tied with flower for market share.
Cannabusiness

Untapped Southern Markets Face Uphill Battle

Green Market Report -
States in the South poised to leave money on the table without changes.
Cannabusiness

Cannabis Industry Faces Sobering 2023

Green Market Report -
Glimmers of hope still exist, particularly as new markets come online.
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