Business

MedMen Files for Bankruptcy

On April 26, multi-state cannabis operator MedMen announced that it has filed for bankruptcy with the Canadian Bankruptcy and Insolvency…

2 years ago

Psychedelic Drug Market Poised to Hit $4.6B by 2030

A recent report shows a steady growth in the psychedelic drug market, however the report represents a much more conservative…

2 years ago

U.S. Economy To Receive $112.4 Billion Boost from Cannabis Industry in 2024

Green isn’t just the color of cannabis, but cash, too. And thanks to your valiant efforts of consumption, the industry…

2 years ago

Cannabis Industry Has 440,000 Full-Time Workers

More than 440,000. That is the approximate size of the cannabis industry’s labor force in this country, according to newly…

2 years ago

Arizona Weed Sales Topped $1.4 Billion Last Year

Regulated sales of marijuana in Arizona topped $1.4 billion last year, according to state data, marking the third year in…

2 years ago

2024 U.S. Cannabis Sales Projected To Exceed $31 Billion

Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic…

2 years ago

Weed Megacorp To Exit Maine Adult-Use Market

Curaleaf, one of the world’s largest cannabis companies, is exiting the adult-use cannabis retail market in Maine with the sale…

2 years ago

MedMen Reportedly Closes All But Two California Locations

According to multiple reports late last week, MedMen has shuttered all but two of its stores in California. “Only MedMen…

2 years ago