Day: June 4, 2020

The federal portion of Canada’s cannabis excise duty amounted to 32 million Canadian dollars ($23.7 million) from April 2019 through March 2020, according to new figures from the country’s finance department. Although the cannabis tax revenue represents only a tiny fraction of the Canadian government’s total revenues for the periodContinue Reading

The Iowa Legislature passed a medical cannabis bill that would increase the THC cap, which could boost sales in the heavily regulated, roughly $5 million-a-year market. The provision is a weaker version of a measure that Republican Gov. Kim Reynolds vetoed last year. Senate Majority Leader Jack Whitver, a Republican,Continue Reading

Cannabis sales through deliveries are a growing share of the overall marijuana market, a trend that has been accelerated by the COVID-19 crisis. Expect deliveries to remain popular in the near term as coronavirus fears linger but also in the long term as regulators learn that deliveries can be handledContinue Reading

In response to recent looting of California cannabis retailers, at least two of the three agencies that oversee the state’s marijuana industry have removed from public view their online databases containing business information. California looting spurs regulators to remove online cannabis licensing info is a post from: Marijuana Business Daily:Continue Reading

This is a paid post. Contact sales@mjbizdaily.com for more information. Modular Wiped Film Distillation Unit Easy expansion and scalability to minimize downtime and maximize production. Grass Valley, CA: TruSteel today announced the EVO-6 Series, a new wiped film distillation unit. The EVO Series brings a revolutionary modular design for a rapidly scalingContinue Reading

The prospects for recreational cannabis legalization in New Mexico appear brighter after two key conservative Democratic state Senate leaders lost primary elections this week. Senate President Mary Kay Papen and Senate Finance Committee leader John Arthur Smith were defeated by progressive candidates Carrie Hamblen and Neomi Martinez-Parra, respectively. Hamblen andContinue Reading