Industry update New Mexico joins US recreational weed wave New Mexico to become 17th US state to legalize adult-use cannabis with sales launching no later than April 1, 2022 Jared GnamApril 1, 2021
Canada BC grower becomes Canada’s first licensed producer to unionize Potanicals joins UFCW 1518's BC BUD division as more cannabis workers seek job security and safety in emerging industry Jared GnamMarch 31, 2021
Industry update Low-THC weed led to poor results in major PTSD study US researchers seek DEA to permit potent pot production after long-awaited FDA-backed study shows weak weed ineffective at treating PTSD Jared GnamMarch 30, 2021
Industry update Charlotte’s Web bounces back in Q4 American CBD market leader reports 2020 sales of US$95.2M and positive results for a third-party liver toxicity study Jared GnamMarch 25, 2021
Industry update Top US pot brand Cresco Labs beats Q4 expectations In 2020, America's leading cannabis wholesaler grew revenue 271% to US$476.3M Jared GnamMarch 25, 2021
Industry update New York expected to legalize adult-use cannabis next week After three years of failure, New York Gov. Andrew Cuomo says his state could pass adult-use legislation by April 1 Jared GnamMarch 24, 2021
Industry update TerrAscend reports record Q4 sales, drops CEO Despite cannabis sales reaching $198.3M in 2020, CEO Jason Ackerman is stepping down Jared GnamMarch 23, 2021
Industry update Trulieve vies for second place in US pot market The Florida-based operator says national expansion plans will push 2021 sales up 60% from US$522M in fiscal 2020 Jared GnamMarch 23, 2021
Industry update Youth cannabis use unchanged post-legalization: Canadian study Regular pot consumption among Canuck youth in the 2018–19 school year remained flat compared to the previous two Jared GnamMarch 22, 2021
Industry update Cresco Labs enters Massachusetts via Cultivate acquisition The major US cannabis operator will pay at least US$90M to enter its 10th state Jared GnamMarch 18, 2021