The first smart machine is expected to pop up in June 2022
Humble & Fume invested US$8 million into the joint venture, with Green Acre Capital Distribution Corp. making a US$2 million investment
The oil is now available at the Jardin, Vegas Tree House, and Exhale pot shops in Las Vegas
New Jersey becomes the 18th U.S. state to legalize recreational cannabis, serving a market projected to reach US$2.4 billion by 2025
A new report by New Frontier Data estimated that U.S. cannabis sales exceeded spirits (US$86 billion) last year, while matching spending on beer
Seven multistate cannabis operators have been approved to start adult-use sales
Since 2014, the total tax revenue collected from adult-use cannabis sales is US$11.2 billion
Public service advertisements started on Monday and will run for approximately three months
The company recently acquired Urbn Leaf and Sublime
This is the second time the MORE Act has been passed by the House
The firm is forecasting 2022 revenue of at least US$1.3B
Lawmakers note that current therapeutic trials for substance use issues exclude people with a history of substance abuse
The company says it's working hard to operationalize assets acquired over the past year
The legislation would outlaw infused products like edibles
Multiple pot stocks jumped in response to the news
But the company's CEO says it's already facing economic headwinds this year
The firm is still waiting for long-promised CBD product guidelines in the US
But the firm acknowledges a market slowdown in Q4 it was 'not immune to'
The two firms combined made nearly US$1.3B in annual revenue last year
Cannabis prohibition today is outdated, unjust and inhumane, the Marijuana Policy Project says in a new report
Most of sales to date have been online
The lobbying group includes tobacco giant Altria and beer maker Molson Coors
The company says it expects revenue from capital expenditure projects to ramp up this year
The daily sales spike is steeper south of the border
The firm says its performance in New Jersey has been strong, and is prepared for adult-use sales to launch there
A law passed in 2015 to get oil to patients, but producers that weren't selected challenged the decision
Patients were in limbo after the previous law was repealed March 1
The firm says it wants to partner with more minority, women and veteran-owned local businesses as suppliers
The rollout will start at select dispensaries in New Jersey and California
Social equity applicants will be prioritized, officials say
The Mary Jones brand is set to launch in California by the end of the month
The state's Cannabis Control Board voted unanimously Thursday to advance the regulations
The combined company will have 7 cultivation facilities, and expects 40 retail stores in its network by the end of the year
But fourth-quarter revenue lagged with a slowdown across its wholesale business
The company is also launching a roll-on product for symptom relief
The firm says revenues from recurring subscriptions are more reliable than one-time purchases
A similar bill almost became law last June
The firm recorded Q4 revenue of US$320M
The sector is expected to bring in up to $800M in revenue once it matures
NGW owns and operates a 35,000-square-foot indoor facility in Coalinga, California








































