Business

Recreational Cannabis Sales in Canada Surpass $5 Billion in 2023Recreational Cannabis Sales in Canada Surpass $5 Billion in 2023

Recreational Cannabis Sales in Canada Surpass $5 Billion in 2023

Canadian cannabis sales reached CAD$5.07 billion in 2023, a 12.2% increase over 2022, with growth attributed to consumers transitioning from…

1 year ago
The New York Legal Cannabis Market: First Year Results Are InThe New York Legal Cannabis Market: First Year Results Are In

The New York Legal Cannabis Market: First Year Results Are In

In its first year, the legal cannabis market in New York generated over $150 million, showing significant growth despite a…

1 year ago
Switzerland to Open Europe’s First Legal Cannabis Dispensary as Part of a Pilot ProjectSwitzerland to Open Europe’s First Legal Cannabis Dispensary as Part of a Pilot Project

Switzerland to Open Europe’s First Legal Cannabis Dispensary as Part of a Pilot Project

Switzerland's first legal cannabis dispensary is set to open by year-end as part of a pilot project aimed at studying…

1 year ago
Colorado Has Sold Over $15bn in Cannabis Since LegalizationColorado Has Sold Over $15bn in Cannabis Since Legalization

Colorado Has Sold Over $15bn in Cannabis Since Legalization

Colorado has surpassed $15bn in legal cannabis sales since 2014. However, due to issues such as surplus supply and dropping…

1 year ago
The First Cannabis Ads Coming Soon to SpotifyThe First Cannabis Ads Coming Soon to Spotify

The First Cannabis Ads Coming Soon to Spotify

Chicago-based Cresco Labs Inc. announced it will be the first cannabis company to advertise on Spotify. Cresco Labs views the…

2 years ago
Tilray Sirius Is Making its Mark InternationallyTilray Sirius Is Making its Mark Internationally

Tilray Sirius Is Making its Mark Internationally

Tilray Sirius is making its mark internationally, most recently becoming available in Polish pharmacies. The strain features a unique terpene…

2 years ago
Weed Boxing – Mike Tyson Promotes Fights Under the Influence of CannabisWeed Boxing – Mike Tyson Promotes Fights Under the Influence of Cannabis

Weed Boxing – Mike Tyson Promotes Fights Under the Influence of Cannabis

Former heavyweight champ Mike Tyson organized a "Weed Boxing Championship" where fighters and spectators are encouraged to smoke cannabis before…

2 years ago
Canada Still Faces Ongoing Issues Years After LegalizationCanada Still Faces Ongoing Issues Years After Legalization

Canada Still Faces Ongoing Issues Years After Legalization

While cannabis legalization was hailed as a progressive step forward in Canada, there are elements of the industry in need…

2 years ago
First Cannabis Store in Minnesota Suspends Sales Immediately After OpeningFirst Cannabis Store in Minnesota Suspends Sales Immediately After Opening

First Cannabis Store in Minnesota Suspends Sales Immediately After Opening

Minnesota's first recreational cannabis dispensary, operated by the Red Lake Nation, opened its doors on Tuesday, but the overwhelming demand…

2 years ago
Meta Is Updating Its Advertising Policies for Cannabis-Related ProductsMeta Is Updating Its Advertising Policies for Cannabis-Related Products

Meta Is Updating Its Advertising Policies for Cannabis-Related Products

Meta has updated its policies to introduce a "CBD and Related Products" category, allowing advertisers to promote some hemp products…

2 years ago