Study: Michigan's recreational marijuana market may outpace Colorado's

Michigan’s legal marijuana market is poised to become one of the strongest the country and could outpace Colorado in sales, according to a new study. By early next year, the state’s first recreational marijuana dispensaries are expected to open. With strong sales in the medical cannabis market, Michigan’s recreational market is expected to grow three-fold between 2020 and 2023, with annual sales reaching $650 million, according to “Crossing the Mississippi: U.S. Cannabis Market Report 2019” by Brightfield Group, which examines the budding marijuana industry.

Canopy Growth Quebec Greenhouse now fully licensed by Health Canada

Les Serres Vert Cannabis Inc. ("Vert Mirabel"), a subsidiary of Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) and a portfolio company of Canopy Rivers Inc. (TSXV: RIV) (OTC: CNPOF) has received its final cultivation licence from Health Canada.

SLANG Announces Acceleration of Warrant Expiry Date

SLANG Worldwide Inc. (CSE:SLNG), (Frankfurt: 84S), has elected to exercise its right under the warrant indenture governing the common share purchase warrants of the Company issued on July 23, 2018 to accelerate the expiry date of the Warrants.

TGOD Secures Supply Agreement with Alberta

The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (US:TGODF) has secured a cannabis supply agreement with Alberta Gaming, Liquor & Cannabis ("AGLC"), further expanding its footprint in Western Canada.

Medical Marijuana Market To Reach USD 148.35 Billion By 2026 | Reports And Data

The Global Medical Marijuana Market is forecast to reach USD 148.35 Billion by 2026, according to a new report by Reports and Data. Marijuana is used for treating chronic pain that affects millions of people each year across the globe, thus increasing the demand for the product as a treatment procedure for medical conditions.