Michigan Marijuana Sales Hit Record High Of $250 Million In March, State Data Shows

Michigan marijuana sales reached a record high in March, with nearly $250 million in combined recreational and medical cannabis purchases, according to state regulators. The lion’s share of those sales came from the adult-use market, which saw $239.8 million worth of marijuana products sold last month. Medical marijuana purchases reached $9.8 million during the same […]

Total marijuana sales in Connecticut top $22 million in March

Connecticut recreational and medical marijuana retailers generated $22.1 million in sales in March, up nearly 20% from February. Adult-use sales, which launched Jan. 10, accounted for about 43% of the total, according to new state data. ADVERTISEMENT In February, recreational sales accounted for about 38% of the $18,466,141 in total marijuana transactions in the state. […]

Washington Lawmakers Set To Enact Interstate Marijuana Sales Bill

Lawmakers in Washington State are on the cusp of passing legislation that would set the stage for licensed marijuana businesses to be able to engage in cross-border commerce with cannabis companies in other legal states. The state’s House of Representatives approved the bill, SB 5069, in a 71–26 vote on Wednesday. Members approved a minor […]

Organigram CEO warns of unsustainably cheap cannabis, reports CA$7.5M quarterly loss

The CEO of Canadian producer Organigram Holdings is warning about heavily discounted marijuana in that nation’s recreational market, saying that ultra-low prices are “not sustainable and (hurt) the cannabis industry.” The company’s chief executive, Beena Goldenberg, said on a Wednesday quarterly earnings call that, although “many producers have discussed not wanting to participate in a […]

Texas House Passes Bill To Allow Medical Marijuana As An Opioid Alternative And Replace THC Limit, Sending It To Senate

The Texas House of Representatives has passed a bill to allow medical marijuana as an opioid alternative for people with chronic pain and also replace the state’s THC limit, sending the legislation to the Senate for consideration. The full chamber passed the measure from Rep. Stephanie Klick (R) in a 127-19 vote on third reading […]