Wana Brands, a leading manufacturer of cannabis edibles in the United States, announced on Thursday that it is expanding to Europe through a strategic partnership with Alpen Group. With an initial launch in Switzerland, the home of cannabis pharmaceutical manufacturer Alpen Group, Wana Brands plans to bring its popular line […]
adult use
8 posts
The office of New Mexico Gov. Michelle Lujan Grisham said Tuesday that cannabis consumers “have purchased more than $678.4 million worth of adult-use cannabis products and $331.6 million in medical products since April 1, 2022,” and that, to date, “the state has recorded more than 21 million transactions with $75 […]
New data from the Cannabis Regulatory Agency (CRA) in Michigan revealed that the state collected more than $3.6 billion in adult-use sales last year. Compared to the $2.3 billion in sales collected in Michigan in 2022, the most recent sales data shows 30% growth. According to Crain’s Detroit, that amount […]
Maine’s regulated adult-use cannabis industry generated more than $200 million in sales last year, an increase of 36% over 2022, according to information from the state Office of Cannabis Policy. But cannabis business owners who feel that Maine’s cannabis market is becoming oversaturated say that the numbers obscure the challenges […]
A new report projects that the global recreational marijuana market will nearly double over the next four years, with legal sales of adult-use cannabis climbing to almost $50 billion per year by 2027. The report, from U.K.-based cannabis data, media and tech company Prohibition Partners, credits global momentum in cannabis […]
Two cannabis industry groups in Oregon have decided to join forces in a merger that comes amid a downturn in the state’s market for legal marijuana. The two groups, the Oregon Cannabis Association and the Cannabis Industry Alliance of Oregon, announced the merger last week following unanimous votes by the […]
A report published by the U.S. Census Bureau recently shows the progress of cannabis tax revenue numbers for each state. It’s the first report of its kind from the bureau and begins with the Q3 2021. “The Quarterly Summary of State and Local Government Tax Revenue provides quarterly estimates of […]
2023 has so far been a productive year for the New Jersey Cannabis Regulatory Commission (CRC), the government body tasked with overseeing the state’s medical and adult use cannabis markets. The licensing process since New Jersey first launched its adult use cannabis market has been slow, but intentional and systematic. […]