Cannabis market may be far bigger than anticipated earlier. This post from CNBC reveals what the top analyst thinks of this nascent industry poised for high growth. KEY POINTS The cannabis industry’s rapid evolution and new strategic partnerships with mainstream brands reveal a far larger possible market for legal marijuana than investors and analysts first ... Continue Reading
adult-use
California’s Uplifting Cannabis Equity Act: A National Trend?
California’s Cannabis Equity Act just changed the game. State dollars and personnel will support local programs to assist minorities in cannabis. This post from Leafly discusses how Cannabis Equity Act started a national trend. California took another step this week toward making reparations for its war on marijuana users. Gov. Jerry Brown signed into law on Thursday a ... Continue Reading
Dearth of Licenses Overshadows Legal Cannabis Sale
After California cannabis stockpiles go up in smoke, what’s next? Legal cannabis supply chain is facing a major challenge with too few licenses going around. Read more in this post from Leafly. Like many California cannabis retailers, the Urbn Leaf in San Diego bulked up its inventory before legal sales began on Jan. 1, stockpiling enough product to last for months because ... Continue Reading
California Slaps Stricter Limits on Edibles
California adult-use market launches Jan. 1, bringing in its wake a ban on high-potency edibles. This post from Leafly highlights the effect on popular products! Major changes to California cannabis dispensary menus—and at businesses making marijuana-infused edibles—are underway after state regulators slapped a strict limit on the amount of THC allowed in edible marijuana ... Continue Reading