Money related An Insurance Company Now Covers Cannabis DUIs by Sophia Vida May 18, 2022 With legislation of marijuana becoming more widespread, an insurance company has launched coverage for cannabis DUIs. Reepher's cannabis DUI insurance coverage is available in Missouri now, with plans to launch in Oregon, Georg...
Money related Gwyneth Paltrow Just Invested into This Rising Cannabis Company by Sophia Vida March 09, 2022 Actress Gwyneth Paltrow has a new endeavor up her sleeve. The Goop founder is investing into a cannabis company that was founded by a man she used to babysit and even diaper change. Paltrow has invested in the seed round for...
Money related Latino Cannabis Association Aims to Build Equity into New York Marijuana Market by Sophia Vida March 03, 2022 The Latino Cannabis Association has launched this month to help members who grew up in over-policed neighborhoods to get licenses to enter the cannabis business in New York. The association was formed late last year and officia...
Money related The U.S. Marijuana Market Exploded Last Year but This State Dragged It Down by Sophia Vida February 24, 2022 While sales of cannabis were soaring in 2021, one state was dragging the industry down. Americans spent nearly $25 billion on cannabis products in 2021, but not in thanks to New York. The US cannabis industry added more than...
Money related Online Cannabis Company Kandy Girl Partners with Several NFT Project Communities by Sophia Vida February 10, 2022 As the NFT boom accelerates, online marijuana company Kandy Girl is getting in on the action. The online cannabis dispensary, which sells real THC edibles to all 50 states, announced in a statement this week that they have now ...
Money related Marijuana Tax Revenue in this State Now Exceeds Alcohol by Sophia Vida January 25, 2022 According to new state data which was first reported by WCVB-TV, Massachusetts marijuana tax revenue is now greater than alcohol. As of December 2021, Massachusetts brought in $51.3 million from alcohol taxes while bringing in ...
Money related The First Year of Recreational Marijuana Sales in Arizona Just Went Over $1B by Sophia Vida January 24, 2022 Sales of recreational cannabis in the state of Arizona have been skyrocketing their first year. State officials are reporting that total gross sales have surpassed more than a billion dollars. "Rarely does an industry produc...
Money related Illinois Recreational Marijuana Sales Hit Record in December by Sophia Vida January 04, 2022 The last month of 2021 was a big success for recreational marijuana sales in the state of Illinois. Illinois set a record in December helping the state to hit $1.38 billion for the year. This was more than double compared to...
Money related Marijuana Tech Startup Dutchie Doubles Valuation to $3.75B by Sophia Vida October 14, 2021 It only took less than a year for cannabis tech startup Dutchie to double its valuation to $3.75 billion after a recent raising of $350 million. The Bend, Ore.-based creators of technology to help facilitate legal cannabis orde...
Money related Jushi Holdings to Buy Massachusetts Marijuana Company for $91.2M by Sophia Vida September 14, 2021 Marijuana multistate operator Jushi Holdings has finalized a $91.2 million deal to buy Massachusetts marijuana company Nature's Remedy. Jushi revised downward the upfront payment for a deal to enter the Massachusetts market thr...
