Wednesday, October 4, 2023

Green Market Report

4/20 Shows Huge Consumer Potential In Marijuana Industry

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

State Stunned As First Time In Five Year Cannabis Sales Drop

Consumers bought $5.3 billion worth of cannabis in the state last year.

Medical Marijuana Patients Increased How Quickly

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

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

Lawmakers hope to head off a massive gray market by moving quickly.

Washington State Cannabis Residency Requirement Upheld By Federal Court

Judge: Dormant commerce clause does not apply because of cannabis' federally illegal status.

Cannabis Con Man Could Get 10 Years In Prison

Justin Costello agreed to pay $35 million in restitution.

Federal Cannabis Sentences Drop Substantially Since 2014

Prior cannabis convictions can lead to longer sentences.

Vapes Could Be The Big Winners In New York

In the medical market, vapes have tied with flower for market share.

Untapped Southern Markets Face Uphill Battle

States in the South poised to leave money on the table without changes.

Cannabis Industry Faces Sobering 2023

Glimmers of hope still exist, particularly as new markets come online.

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