sales

Marijuana stocks are blazing hot, and it's not hard to see why. According to ArcView, a leading cannabis research firm, the compound annual growth rate for legal North American weed sales is estimated to be 26% between 2016 and 2021. In terms of numerical value, we're talking about almost $15...

Hemp-derived cannabidiol (CBD) is projected to be a billion-dollar market in just three years, according to a new report by Brightfield Group. The data company estimates that hemp CBD sales have already hit $170 million in 2016 and a 55% compound annual growth rate over the next five years will...

The cannabis industry may secure a key endorsement Tuesday when the Planning Commission considers a draft ordinance that would allow retail sales of medical and recreational marijuana. Under the proposed measure, pot shops could operate in retail business districts in Pleasant Hill with a...

In three of the first four states to start legal recreational pot sales, an increasing number of consumers are choosing bud over Budweiser. That conclusion comes from a study by New York-based investment and research firm Cowen and Co. In Colorado, Oregon and Washington, domestic beer sales...

Hemp-derived cannabidiol (CBD) is projected to be a billion-dollar market in just three years, according to a new report by Brightfield Group. The data company estimates that hemp CBD sales have already hit $170 million in 2016 and a 55% compound annual growth rate over the next five years will...

Colorado's marijuana retailers have already made more than $750 million in sales halfway through 2017, a 25.7 percent increase compared to the first half of 2016. More than $531 million of those sales were for recreational marijuana, and the rest, nearly $220 million, were for medical...

Oregon is raising the minimum age for buying tobacco and e-cigarettes in the state to 21, bringing its regulations into line with sales of marijuana products. The new law, signed by Governor Kate Brown on Wednesday and taking effect on Jan. 1, bans under-21s from buying tobacco products and...

When it comes to the market's top-performing stocks, you'd have a hard time topping marijuana stocks over the trailing year. A majority of pot stocks over the past 12 months have at least doubled in value, with some even tripling or quadrupling. For added context, the stock market tends to...

Behold: The small, cheap device that's disrupting the $7 billion legal cannabis business. This tiny combination of plastic, glass, and metal is a disposable cannabis oil cartridge. It costs anywhere from $30 to $70 (depending on the oil inside), is easily carried in your pocket, and produces...

The Nevada side of Lake Tahoe is finally diving into recreational marijuana sales this week while the California side waits patiently on the opposite shore. NuLeaf, a medical marijuana dispensary that opened its Incline Village location in July last year, will be the first Tahoe-area...

Congresswoman Eleanor Holmes Norton (D-DC) today used an Oversight and Government Reform Committee hearing on reauthorizing the Office of National Drug Control Policy (ONDCP), which primarily focused on opioid policy, to challenge the Trump administration's support of the anti-home-rule rider...

Minnesota residents suffering from post-traumatic stress disorder can start buying medical marijuana. Tuesday brought the latest expansion of the state's medical marijuana program that launched in July 2015. Patients suffering chronic pain that couldn't be treated with other means were...

Though it probably goes without saying, it should be noted that marijuana stocks have been on fire over the trailing year. All but one of the 13 marijuana stocks with market caps above $200 million are up on a trailing-12-month basis, and two-thirds of those that are up have at least doubled in...

Typically, putting the name of a state and the phrase "state of emergency" in the same sentence means residents there are facing some serious trouble. Like "natural disaster" type of trouble. Leave it to Nevada to put a new twist on things. State officials there declared an emergency this...

Recreational marijuana would be taxed at 20 percent, with 5 percent of that paid to communities that host growing or retail facilities, under a plan proposed Tuesday by a committee drawing up regulations for the new industry. Lawmakers proposed a 10 percent wholesale tax, or excise tax, and a...

Colorado has received more than half a billion dollars in tax revenue from marijuana sales since recreational sales became legal in 2014. The benchmark was made in May, but was analyzed in a report released on Wednesday by VS Strategies in Denver based on publicly available data from the...

Longmont's City Council on Tuesday night is to resume discussions of the restrictions and requirements they might apply to retail marijuana sales establishments – if any are eventually allowed to operate within the city limits. The city staff is seeking further direction about what zoning...

Nevada's fast-developing experiment with legal sales of recreational marijuana was an instant hit, and the Fourth of July weekend gave the Silver State a taste of the green rush. In the first few days of sales, dispensaries reported more than 40,000 recreational transactions, a push that...

Legal marijuana is big business in Colorado. May marked the 12th consecutive month weed sales exceeded $100 million. Colorado outlet The Cannabist has calculated that the state sold $127 million worth of marijuana products in May 2017 alone, the 12 month in a row sales have topped the $100...

A newly released research report sheds additional light on the projected growth in cannabis demand between now and 2025. In a report published by New Frontier Data, sales of medicinal cannabis are projected to increase to $5.3 billion in 2017, accounting for 67% of all legal cannabis sales...