Sector News Maine’s Adult Use Marijuana Sales Passed $10M in August by Sophia Vida September 10, 2021 Maine had a milestone month in August as it was the first the time state's adult use cannabis industry had reported monthly sales of at least $10 million. The state had kicked off its adult-use market back in October of 2020. ...
Sector News Missouri Cannabis Industry Adds Over 4,000 Jobs by Sophia Vida September 08, 2021 While industries across the U.S. are struggling to find workers, the cannabis sector in Missouri is having no issue. The state's legal medical marijuana industry has added over 4,000 jobs in the past year. According to a rep...
Sector News Illinois Aims to Give Applicants Fair Shot with Extra Cannabis Lottery by Sophia Vida September 06, 2021 In an effort to give more applicants a fair shot at the blossoming legal marijuana industry in Illinois, the state is planning for an extra cannabis lottery. The state's lotteries were providing an additional 185 licenses that ...
Sector News Apple’s New Marijuana App Rules Benefit Cannabis Businesses by Sophia Vida September 03, 2021 Apple has recently decided to let its iPhone users process marijuana transactions, which cannabis delivery and tech companies say is bringing them many benefits. According to an MJBizDaily article, upsides of the change to Appl...
Sector News TerrAscend is Buying Michigan Marijuana Operator Gage for $545M by Sophia Vida September 01, 2021 TerrAscend, a North American marijuana company, is entering Michigan's monstrous marijuana market by acquiring marijuana operator Gage in a deal worth $545 million. The company has reached a deal to buy local operator Gage Grow...
Sector News Texas’ Medical Marijuana Program is Set to Expand on Wednesday by Sophia Vida August 31, 2021 Good news for Texans as more patients will become eligible for medical marijuana. The changes to Texas state law will take effect on Wednesday and will allow patients with any kind of cancer to pursue a prescription for low-THC...
Sector News Marijuana Industry Veteran Kris Krane Joins KCSA Strategic Communications by Sophia Vida August 26, 2021 KCSA Strategic Communications, a leading New York-based integrated communications firm, has announced this week that it has added veteran cannabis entrepreneur and activist, Kris Krane, former President of 4Front Ventures, a canna...
Sector News Marijuana E-commerce Startup Jane Technologies Has Raised $100M by Sophia Vida August 25, 2021 A TechCrunch report has revealed that cannabis e-commerce startup Jane Technologies has raised $100 million. This week the company announced a $100 million Series C financing round, bringing the total amount raised since its fo...
Sector News Cory Booker’s Partner Rosario Dawson Joins Board Of Marijuana Business by Sophia Vida August 20, 2021 While Senator Cory Booker is pushing for marijuana reform in D.C., his actress partner, Rosario Dawson, has joined the board of a California-based marijuana beverage company. According to the actress, she is impressed by the di...
Sector News Canada’s Bonify Shutting Down Amid Illegal Marijuana Sales Scandal by Sophia Vida August 18, 2021 Privately held Canadian marijuana cultivator Bonify Holdings Corp. is shutting down only 2.5 years after its sales license had been suspended. The suspension came after the company sold illegally sourced marijuana into the regu...