market

Proponents of legalizing and regulating recreational marijuana received some good news Tuesday, as a new market research study pegged the total value of legal North American sales of the drug in 2016 at $6.7 billion. That was a 30 percent rise over the previous year, according the report...

Arcview Market Research, in partnership with New Frontier Data, has released its Washington Legal Cannabis Market State Profile, which explores the recent significant changes to the state's cannabis industry. The elimination of the medical system that was operating in parallel to the adult use...

This year saw big election wins for marijuana in several states. In addition, Colorado crossed the $1 billion mark for annual marijuana sales. Now a new year is almost here and a new presidential administration for the cannabis industry to navigate. It's time to look ahead and see what's in...

At last week's Senate Health Policy Committee workshop on medical marijuana, much of the conversation centered on the question of whether the passage of Amendment 2 necessitated an expansion of the number of licenses to cultivate and sell medical marijuana in Florida. I participated in the...

Oregon is rolling out its new recreational cannabis market, but pro-pot groups say state regulations are already choking producers and retailers. The regulations, implemented Oct. 1, mandate the most stringent pre-sale testing requirements of any regulated cannabis market in the United...

Cannabidiol (CBD) is the part of the cannabis plant that doesn't get you "high" like the THC side of the plant. It is typically used for health reasons instead of for recreational purposes. The CBD products are either derived from industrial hemp plants or marijuana plants. The Hemp Business...

Publicly traded stocks of Canadian marijuana companies headed higher Tuesday after a federal task force issued recommendations on the sale of recreational pot. On the TSX, shares of Canada's largest producer, Canopy Growth – the first pot company with a market capitalization above $1 billion...

The nexus of Wall Street and recreational cannabis has always been looming on the sidelines, attracting would-be investors curious about the new market and repelling enthusiasts who would rather keep operations small and local. Yet the recent passage of Proposition 64 is ushering in a new...

Like newborns in an incubator, the 200-plus unique strains of plants in these computer-controlled, camera-patrolled, password-secured greenhouses are monitored around the clock. Their water, fertilizer and light are adjusted as needed, until the flowers are in full bloom. They're only harvested...

Ottawa - A federal task force on legalized recreational marijuana is recommending storefront and mail-order sales to Canadians 18 years and older, with personal growing limits of four plants per person. The framework report, headed by former federal Liberal cabinet minister Anne McLellan...

Almost unthinkable a decade ago, the legal marijuana market in the United States is booming – and Connecticut hopes to take advantage of the trend. According to a report by New Frontier and ArcView Market Research, the legal marijuana market will stand at roughly $7.1 billion by year's end, a...

Colorado and California may be ground zero for medical marijuana, but Florida could quickly catch up. A new report from New Frontier Data with market data provided by Arcview Market Research projects that Florida's market will grow to $1.6 billion by 2020 at a compound annual growth rate of...

The morning after Election Day, California appeared to be on a very different path than much of the nation. But in voting to legalize recreational marijuana, Californians were very much in step with the rest of the country. In addition to California's Proposition 64 - which passed relatively...

Florida is on track to log more than $1 billion in medical marijuana sales by 2019, according to an industry report released Tuesday. The estimates are good news for Florida's budding medical cannabis industry, fresh off a major ballot box win last month. By 2020, the report predicts...

The key recommendation of the panel charged with outlining the framework for Canada's legal marijuana regime is that the system should be geared toward getting rid of the $7-billion-a year black market. Sources familiar with the report, which is expected to be made public Dec. 21, say all the...

In the wake of Proposition 64, California's law to legalize weed for adults over 21, small businesses and boutique growers will have to stake a space for themselves in California's quickly growing cannabis industry. "From my perspective as a retailer, there's no doubt we're going to see...

Cannabis should be legalised to bring Britain up to speed with a growing number of Western countries and end the "embarrassment" of domestic drugs policy, a cross party group of MPs have said. Former deputy prime minster Nick Clegg and former health minister Norman Lamb joined Labour and Tory...

Sales of legal marijuana in Washington State since the opening of the first legal store have officially topped $1 billion, with more product sold every year since legalization. While many wondered what the effects of legalizing marijuana would be, with those kinds of sales, one outcome is...

MedMen likens itself, as many cannabis companies do, to an early tech startup. Its West Hollywood dispensary looks a bit like an Apple store, with samples of product in polished glass cases and information about each on iPads. In a grow facility in Sun Valley, north of Los Angeles, marijuana...

With recreational marijuana use recently becoming legal in the state of Washington, more cannabis retailers have been popping up all over, but one shop in Renton stands out above the rest. The Evergreen Market was founded by three Issaquah dads in 2014 with unique professional backgrounds that...