In March 2017, licensed Colorado marijuana shops hauled in more than $131 million in sales; it's the tenth month in a row sales have topped $100 million, and the sustained double-digit growth rate caught the attention of some analysts and economists contacted by The Cannabist. … Sales tax revenue generated for the state during March…
Category: Cannabis Industry
California regulators release first draft of revised medical marijuana rules
California state regulators released draft regulations Friday intended to impose order on the loosely organized marketplace created over two decades ago. “The draft regulations represent a starting point for the state to begin to clean up what has become a highly unruly multi-billion-dollar unlicensed industry that is not subject to any regulations at all whatsoever,”…
Christie hammers backers of legalizing marijuana in N.J., calls it ‘beyond stupidity’
Gov. Chris Christie went on a diatribe Monday against a new push to legalize marijuana in New Jersey. "We are in the midst of the public health crisis on opiates," added Christie, who has been tapped by President Donald Trump to chair a commission to find ways to fight the opioid abuse epidemic in America.…
The marijuana industry’s newest customers are sick and elderly dogs — Quartz
Still an underground economy. Source: The marijuana industry’s newest customers are sick and elderly dogs — Quartz