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Sue Dehnam
Cannabis Revenue Forecast for 2025 Jumps by $20 Billion
SEATTLE – Sales in the United States could reach $45.8 billion by 2025, according to a new cannabis revenue forecast by data firm Headset....
Emerald Buys MJBiz for $120 Million
NEW YORK – Publicly traded events producer Emerald Holding Inc. acquired media and events company MJBiz in an all-cash deal valued at $120 million—nearly...
Proposed HOPE Act Incentivizes State Expungement of Nonviolent Crimes
WASHINGTON, D.C. – A new bill sponsored by Representatives Dave Joyce (R-Ohio) and Alexandria Ocasio-Cortez (D-N.Y.) would incentivize state and local governments to expunge...
Republican-Led States Reform Act Proposes Descheduling, Taxation
WASHINGTON, D.C. – A draft bill led by a Republican House member proposes to deschedule cannabis and regulate and tax it like alcohol.
Proposed by...
Cannabis Cultivation Salaries See Double-Digit Growth
SAN DIEGO, Calif. – The cannabis cultivation market in the U.S. will generate nearly $360 billion by 2027, up from $141 billion in 2020,...
Illegal Cannabis Operation Could Net Conspirator Life Sentence
FARMINGTON, Maine – A Maine man faces life in prison and a $10-million fine after pleading guilty to conspiring to cultivate and distribute cannabis...
2 Die in Massive Fire at ‘Suspicious’ California Cannabis Operation
CANOGA PARK, Calif. – What witnesses described as a “fireball” erupted from a building in a San Fernando Valley commercial complex Monday, leaving two...
Cannabis Concentrates Nibbling at Edibles’ Lead
SEATTLE – Look out, edibles. Cannabis concentrates are about to eat your share of the market’s lunch.
Between January 1 and June 30, 2021, concentrates...
Cannabis Retail Sales, Tax Revenues Setting Records
CARSON CITY, Nev. – Nevada retailers reported more than $1 billion in medicinal and recreational sales between July 1, 2020, and June 30, 2021,...
Edibles Gobbling Up Shelf Space
CHICAGO – The edibles category is expected to surpass $10 billion in annual sales by 2025, according to new data from Brightfield Group. Cannabis edibles...