retail marijuana Archives - Page 6 of 9 - Cannabis Business Executive

Marijuana sales to become legal in Vermont

October 8, 2020
AggregatedNews
Vermont
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Vermont will join the ranks of states allowing the legal sale of marijuana and cannabis products under a bill allowed to pass into law by Gov. Phil Scott without his signature on Wednesday. Scott, in choosing to allow S. 54…

Michigan to open access to the recreational marijuana market in March to help curb black market sales

Early next year, Michigan will eliminate a barrier to entry in the state’s recreational marijuana industry that has stifled growth and unintentionally complicated the fight against unlicensed, black market marijuana. As of March 1, certain newly licensed recreational marijuana businesses…

Maine’s marijuana market opening could be a letdown for many

October 5, 2020
AggregatedNews
Maine
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The long-awaited launch of Maine’s recreational cannabis market will likely fall short of expectations, with some shops unsure if they will even have marijuana to sell, much less the THC-infused food and drinks readily available on the state’s existing medical…

Poll shows support for legalizing marijuana in Arizona

October 2, 2020
AggregatedNews
Arizona
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Arizona voters favor legalizing recreational use of marijuana through a ballot measure that will be decided in the November election, according to a new poll of likely voters. Support for Proposition 207 came in at 45.6% versus 34.2% opposed, with about…

COVID-19 Ushering in Automated Future for Retail Pot

September 26, 2020
AggregatedNews
Retail
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The future of marijuana retail could mean more automation and shorter wait times as Colorado marijuana retailers change their business models during the COVID-19 pandemic. The Green Solution, one of the state's largest dispensary chains, has installed self-service kiosks in…

June was Colorado’s biggest marijuana sales month ever. July was likely bigger.

June marks the first month in Colorado history that recreational marijuana shops sold more than $150 million worth of products as cannabis consumption during the COVID-19 pandemic continues to set industry records. Recreational marijuana consumers spent $158,102,628 at Colorado shops in…

Vermont May Be the Next State to Legalize Recreational Marijuana Sales

According to news reports, the Vermont legislature is ready to advance S54 this month or next, to legalize cultivation and sales of marijuana in the state beginning in 2022. Versions of the bill have been approved by both chambers. The current regulatory situation…

Nearly two years later, why are Missouri patients still waiting for medical marijuana?

Suffering patients in Missouri who qualify for medical marijuana still can’t buy it at a store. Why has it taken nearly two years for voter-approved medical marijuana to become commercially available in Missouri? That question should be the focus of…

Boston Area Residents Stockpile Marijuana In Case Of Coronavirus Quarantine

Some Massachusetts residents are preparing for the coronavirus pandemic by stockpiling supplies — emptying grocery store shelves, stacking up cans of black beans in their cupboards and, apparently, buying a lot of marijuana to make it through a potential extended…

Customers bought nearly $40 million in recreational marijuana during the first month of sales in Illinois

February 4, 2020
AggregatedNews
Illinois
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Customers spent more than $39.2 million on recreational marijuana during the first month of legal weed sales in Illinois, and about a quarter of that came from out-of-state residents. Sales to Illinois residents totaled more than $30.6 million, according to…

Nearly $3.2M in Legal Cannabis Sold in Illinois on First Day, State Says

More than 77,000 transactions netted nearly $3.2 million in marijuana product sales on the first day of legal cannabis in Illinois, the state announced Thursday. The Illinois Department of Financial and Professional Regulation reported 77,128 transactions took place at cannabis dispensaries…

Sunday marks first day of recreational marijuana sales in Michigan, draws large crowds

December 2, 2019
AggregatedNews
Michigan
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Hundreds of people lined the blocks outside local marijuana dispensaries early Sunday morning as Ann Arbor businesses Exclusive Brands, Arbors Wellness and Greenstone Provisions opened sales of marijuana to recreational users for the first time. The stores are three of six retail…

Sales of recreational marijuana could begin as soon as Dec. 1 in Michigan

November 15, 2019
AggregatedNews
Michigan
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Sales of recreational marijuana to anyone over the age of 21 could begin on Dec. 1, months earlier than previously expected. The change came when the Marijuana Regulatory Agency on Wednesday told medical marijuana businesses, including growers and processors, that they…

‘Epidemic’ of layoffs in California marijuana industry — CEO faults state for inaction

November 14, 2019
AggregatedNews
California
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Flow Kana isn’t the only cannabis company forced to make cuts. In recent weeks, companies like Eaze and Weedmaps have also laid off part of their workforce. “It almost feels like an epidemic of companies of similar size going through similar processes,” Steinmetz said.…

Michigan’s recreational marijuana market could open earlier than originally expected

November 9, 2019
AggregatedNews
Michigan
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As recreational licenses are being processed, Michigan’s prospective marijuana businesses are becoming eager, if not antsy, to begin growing, processing and selling legal weed to the general public. As of now, based on the current rules and the length of…