-
Canadian Cannabis Sales Rebound In March
Statistics Canada released March retail sales for the country, with cannabis sales increasing from February by 10.7% to C$358.8 million. February was revised from C$336.4 to C$324.1. The sales were up 20.4% from a year ago, down from the 23.8% February growth rate.
Featured Cannabis News
Canadian Cannabis Sales Rebound In March
Statistics Canada released March retail sales for the country, with cannabis sales increasing from February by 10.7% to C$358.8 million. February was revised from C$336.4 to C$324.1. The sales were up 20.4% from a year ago, down from the 23.8%…
New York Asks TikTok To Stop Cannabis Ban
The New York Office of Cannabis Management (OCM) sent a letter to TikTok executives, urging the company to revise its advertising policy for government entities so that they can freely talk about cannabis in a public health and safety context.…
Hemp-Derived Delta-8 THC Products Are “Lawful”
Delta-8 THC derived from hemp has been deemed “lawful” by the U.S. appeals court and is eligible for trademark protection. The 9th Circuit Court of Appeals said last Thursday that because Congress legalized not just hemp but its “derivatives” and…
Feds Looking For Cannabis Suppliers
The National Institute on Drug Abuse (NIDA) posted a “sources sought” notice last week, explaining that it’s looking for eligible facilities that are authorized to cultivate cannabis by the Drug Enforcement Administration (DEA) and can aid with the “acquisition and/or…
Cannabis Arrests Continue To Drop
New data from the Federal Justice Department shows that cannabis arrests continue to plummet year over year as more states move to legalize the drug. While there were still 2,576 Drug Enforcement Administration (DEA) marijuana arrests in the fiscal year…
Aurora Cannabis Announces More Closures
To become more profitable, Aurora Cannabis (ACB) is closing its flagship Aurora Sky facility in Edmonton, Alberta, and shuttering an outdoor farm in British Columbia and its prized Anandia testing and genetics division.
Legal Cannabis Decreases Use Of Alcohol
A new study released by researchers at the University of Washington analyzed data on substance use trends from 2014 to 2019, finding that people aged 21-25 were less likely to consume alcohol, nicotine, and non-prescription opioids. The study, published in…
U.S. Cannabis Sales Beat Out Starbucks
Starbucks (SBUX) may need to put a store on every corner in the U.S. if it wants to keep up with legal cannabis in the country. A recent report by MJBizDaily showed that U.S. cannabis sales outpaced Starbucks North American…
Are DOT Policies For Cannabis Too Strict?
Rep. Earl Blumenauer (D-OR) sure seems to think so. A letter that the Senator sent to the head of the U.S. Department of Transportation (DOT) cited DOT data showing that tens of thousands of drivers are being disqualified because of…
