Industry update Legalizing weed in Texas would generate billions in tax revenues, report says A mature regulated market could generate US$2.7B in annual sales, and save taxpayers US$311M per year in enforcement costs: Vicente Sederberg LLP Jared GnamOctober 23, 2020
Industry update Slang Worldwide expands into Canada, targets BC vape market With 8 popular weed brands in the U.S., the Toronto-based company eyes expansion on home soil Jared GnamOctober 22, 2020
Industry update Ontario boosts Canadian cannabis sales to $245M in August The province of 14.6 million saw sales grow 10.9% compared to a national average of 5.6%, according to StatsCan Jared GnamOctober 21, 2020
Industry update New York will legalize weed by April, governor advisor says Gov. Andrew Cuomo's top cannabis advisor told Canopy that the Empire State will also regulate CBD-infused products by early 2021 Jared GnamOctober 21, 2020
Industry update Canada squeaks out passing grade on legal cannabis Canada's biggest industry lobby group released a report card coinciding with the second anniversary of legalization Jared GnamOctober 20, 2020
COVID-19 Aphria shares tank on weak international sales While the producer holds the largest share of the Canadian adult-use market, falling prices continue to eat at margins Jared GnamOctober 15, 2020
The weed wire Valens stabilizes revenues as it ramps up third-party manufacturing Sales from third-party contracts made up 83 per cent of the extractor's quarterly revenue Jared GnamOctober 14, 2020
The weed wire Canopy expands US distribution of BioSteel drinks with 2 big beverage firms The Canadian weed giant continues to build out its energy drink brand in the U.S. while it waits for federal legalization Jared GnamOctober 13, 2020
The weed wire Weed stock index surges 7% after Kamala Harris said Biden will decriminalize Following comments made at the vice-presidential debate, valuations of 4 big Canadian cannabis firms rose 10% or more Jared GnamOctober 8, 2020
The weed wire After 2-year wait, Vermont legalizes recreational weed sales But under the new bill, a full adult-use marketplace won't come online until Oct. 2022 Jared GnamOctober 8, 2020