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Find out which companies are wholly focused on the adult-use market, and which surprising name believes medical cannabis is the future......»»

Canada took one step closer to legalizing recreational weed, with its Senate's passage of a pot bill. The country's high-priced cannabis stocks will be tested once retail sales begin in a few months......»»

The state approved the first retail marijuana license on Monday, paving the way for recreational marijuana sales to begin in Massachusetts. The Cannabis Control Commission issued the provisional license to Leicester-based Cultivate with a number of c.....»»

Massachusetts has given provisional approval to two recreational marijuana-testing labs, but there are still a few more important steps before pot sales can begin.  On Thursday afternoon, the state’s Cannabis Control Commission gave preliminary appro.....»»

When recreational cannabis sales begin in Canada next month, Shopify Inc (NYSE: SHOP) could rise on a secondhand high. Latest Ratings for S.....»»

Canadian Cannabis Companies Report Record Sales Post-Legalization It has been a little more than a week since recreational cannabis sales were launched in Canada, and already the policy has become a big hit.....»»

Powered by Canadian recreational marijuana sales, Cronos Group Inc. revenue tripled as the weed producer swung to a loss, according to quarterly results the company reported early Tuesday......»»

The Missouri cannabis market set a new monthly sales record in March, reaching nearly $125 million. Accordin.....»»

Despite numerous companies jumping into the cannabis space in the Great Lakes State, operators say Michigan’s early success in the legal adult-use market has them anticipating even more positive days to come. read more.....»»

The April 20 cannabis holiday brought $11.82 million in medical and recreational sales in 2021, according to a new report Wednesday from cannabis software firm Akerna Corp (NASDAQ: KERN).  read more.....»»

It has been a wild ride for Oregon's cannabis industry. And the road ahead remains uncertain. The adult-use recreational market came online in 2015 and since then sales have climbed. Retail sales in 2020 rose nearly 40%, to $1.1 billion, and wholes.....»»

New Jersey joined the growing list of states that have legalized recreational cannabis use for adults, and businesses are preparing to enter the market. If the state follows in the footsteps of its medical mariju.....»»

Recreational cannabis in Pennsylvania could bring 32,000 full-time jobs, $3.3 billion in annual sales and $520 million in yearly tax revenue to the Keystone State, according to the cannabis platform Leafly.  read more.....»»

Michigan recreational and medical marijuana sales amounted to $115.4 million in March, according to Headset, a cannabis data analytics company. That's twofold growth compared to the same period last year. read more.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The Massachusetts cannabis industry has struggled with diversity, with recent data showing that 73.5% of staff at marijuana companies identify as white, and 34.3% of staff at recreational facilities identify as female......»»

New Jersey is expected to start recreational cannabis sal.....»»

In early April, the state of Michigan moved quicker than expected to cut off caregiver sales to the adult-use cannabis market. This week, the informal cultivators faced another loss in court.  read more.....»»

As the COVID-19 pandemic ravaged the globe, Organigram Holdings Inc. was one of the first cannabis companies to begin to warn investors about the impacts on its business and the industry......»»

As the coronavirus spread across the United States in the early months of 2020, many Americans began preparing to be confined to their home for weeks and even months. Sales of shelf-stable food items........»»