This is The Seed Investor's weekly wrap-up of important news and industry trends from the cannabis sector.
Even with 277 cannabis retail locations in Alberta, cannabis products continue to fly off the shelves.
As cannabis goes global, the largest share of revenues for the foreseeable future will continue to come from medicinal cannabis demand.
Cannabis could be one of the top five issues in the 2020 presidential election, Piper Jaffray. President Donald Trump may champion legalization as a way of gaining favor with younger voters, the sell-side firm said in a Sunday note.
The law went into action on Wednesday, meaning that all criminal penalties will be eliminated for the use of marijuana and pubic procession. Furthermore, it will help carve a path for some individuals with prior convictions to be expunged.
SEATTLE (AP) — Five years after Washington launched its pioneering legal marijuana market, officials are proposing an overhaul of the state’s industry rules, with plans for boosting minority ownership of pot businesses, paving the way for home deliveries of medical cannabis and letting the smallest growers increase the size of their operations to become more competitive.