The Impact of the Delay on the New Jersey Economy
The Impact of the Delay on the New Jersey Economy The New Jersey Cannabis Regulatory Commission has delayed the adult-use market again, citing a lack of supply from current medical operators as one reason for the postponement. According to one multi-state operator, that shouldn’t be the case. In an exclusive statement provided by the NJ […]
Increase In Cannabis Net Sales For Cresco Labs in 2021
Cresco Labs Inc. announced its financial results for the three and twelve months ended December 31, 2021. The company reported strong revenue growth with total cannabis net sales reaching $118.9 million for the year, up from $33.8 million in 2020. This represented a 281% increase in cannabis net sales. Adjusted EBITDA was negative $3.5 million […]
The MORE Act: A Closer Look at the Proposed Legislation
The MORE Act: A Closer Look at the Proposed Legislation As the House of Representatives prepares to vote on a bill to federally legalize marijuana, a number of amendments have been filed to the legislation. The MORE Act, sponsored by House Judiciary Committee Chairman Jerrold Nadler (D-NY), would remove marijuana from the list of federally […]
Cannabis Prohibition Is Far From Over: Protect Our Kids PAC Launches to Fight Legalization
Cannabis Prohibition Is Far From Over: Protect Our Kids PAC Launches to Fight Legalization In a move that signals the cannabis prohibition is far from over, Protect Our Kids PAC has launched to fight legalization. The new political action committee (PAC) will target pro-legalization candidates and support those who oppose the policy in […]
What To Do If You’re Struggling With Your Cannabis Business
Cannabis businesses can be difficult to manage, especially if you’re not used to doing the math. If you’re struggling to keep your business afloat, don’t worry – we can help. In this article, we’ll go over some of the key things you need to know in order to figure out if your cannabis business is […]
Russian Oligarch Corrupted 2018 Elections to Infiltrate in US Cannabis Market | Russian Cannabis Bribes
Russian Oligarch Corrupted 2018 Elections to Infiltrate in US Cannabis Market | Cannabis News Today In the spring of 2018, MURAVIEV, Kukushkin, Fruman, and Parnas decided to launch a business aimed at acquiring retail cannabis and marijuana licenses in the United States. As part of that plan, MURAVIEV agreed to wire $1 million, through a […]
Cannabis Legalization in Texas Could Be a Thing
Cannabis Legalization in Texas Could Be a Thing After clinching the Democratic nomination for Texas governor, Beto O’Rourke took the stage and made a promise that could possibly define his fall campaign. He vowed to legalize marijuana in the Lone Star State if elected, something he believes most Texans agree on. This move could have […]
Virginia Republicans Quash Cannabis Sales For 2022
Virginia Republicans Quash Cannabis Sales For 2022 In 2022, the state’s Republicans have blocked plans for legal cannabis sales. The Senate had passed a bill earlier this month that would have permitted sales to begin in September, exclusively for those who currently own medical cannabis licenses. During the meeting, Delegate Dawn Adams stated that delaying […]