Market Updates
Too Much Pot? Canada Faces Cannabis Oversupply
When Canada legalized cannabis last year there was an initial lack of stores and too much regulation. Now, the country faces a different phenomenon; an oversupply of cannabis. We n...
Michigan Begins Recreational Weed Sales
Michigan, the 10th US state to legalize recreational marijuana, has opened its first three weed dispensaries.On November 28th, Michigan officially began the recreational sale of ma...
Illinois Makes Over $3M On First Day of Legal Weed Sales
Illinois, the 11th U.S. state to legalize weed has kicked off the new decade by commencing cannabis sales in over 35 stores. Six months ago, the Illinois House passed HB 1438 which...
Illinois Dispensaries Are Running Out of Weed
Following Illinois' hugely successful launch of legal weed sales, stores throughout the state are now reporting cannabis shortages. On January 1st, Illinois officially joined ten o...
The Cannabis Industry is America's #1 Job Creator
Leafly's fourth annual report shows that the cannabis industry is still adding tens of thousands of jobs each year.As cannabis legalization continues to grow and spread throughout ...
Illinois Generates $40M in January Cannabis Sales
Illinois brought in over $1m in pot profits per day in January, totaling almost $40 million for the month. As we've covered previously, the 11th state to recreationally legalize ca...
Amsterdam Tourists May Be Banned From Weed Stores
In an effort to reduce the influx of cannabis tourists, Amsterdam officials are considering banning them from their famous cannabis cafes. Amsterdam is the capital city of the Neth...
Illinois Makes $75M in Just Two Months of Legal Weed
After generating over USD$40 million in its first month of legal cannabis, Illinois continues to see its cannabis sales powering on. Who said money doesn't grow on trees? Recently,...
This Week in Weed
Week 11 of 2020 was dominated by the global market meltdown as a result of the Coronoavirus. Pot stocks, which were already heavily oversold, also took a beating.AustraliaCreso Pha...
COVID-19 Boosts Cannabis Sales by 159% as Coronavirus Shutdown Looms
Panic buyingis no longer limited to hand sanitizer and toilet paper rolls. Reports showthat anxiety-driven consumers are now stockpiling cannabis in at least four USstates. Global ...
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