Business Issues/Benchmarks: Page 226

University of Montana Study Estimates Legal Cannabis Could Generate Up to $52 Million in Annual Tax Revenue

UM’s Bureau of Business and Economic Research released a study earlier this month about the market’s potential.

Nebraska Medical Cannabis Advocates Try Again for Legalization in 2022: Legalization Watch

Nebraskans for Medical Marijuana filed new petition language with Secretary of State Robert Evnen for a ballot initiative in the 2022 election.

6 Cannabis Business Lessons We Learned Too Late

Executives from Oregon’s High Desert Flower share the lessons they wish they had learned before entering the cannabis industry.

U.S. House Includes SAFE Banking Act in Latest COVID-19 Relief Package

The newly proposed legislation is an updated version of The HEROES Act, which the House initially passed in May.

UPDATE: Aether Gardens, Cannadips Settle Court Case

A legal dispute involving a Las Vegas cannabis grower and Humboldt County cannabidiol manufacturer has been resolved.

Missouri Regulators Give Final Approval to Medical Cannabis Testing Facility

The state’s medical cannabis supply chain is now fully operational with cultivation, dispensary and testing facilities.

New Jersey Legislature Approves Bill Allowing Doctors to Use Telemedicine to Recommend Medical Cannabis to Patients

The legislation now heads to Gov. Phil Murphy for his signature.

CBD Sales Both Boosted, Thwarted by COVID-19

Price compression and the economic downturn continue to be challenges, though sales volume has increased.

Vermont Lawmakers Send Legislation to Regulate Cannabis Sales to Governor, Illinois Gives Dispensary Applicants Another Shot at Licensing Lottery: Week in Review

The Vermont Senate approved a bill this week to legalize cannabis sales in the state, sending the proposal to Gov. Phil Scott.

Tropizen Announces First Outdoor Cannabis Harvest

The company's outdoor harvest looks to address Puerto Rico’s cannabis flower supply shortage.

Ethos Cannabis Announces Official Entrance into Maryland Market

Ethos has officially acquired the right to manage and ultimately purchase Maryland medical cannabis dispensaries of 4Front Ventures Corp., which are currently operated under the Mission brand.

Colorado Department of Revenue Releases Average Market Rates for Retail Marijuana Effective Oct. 1, 2020

The Colorado Department of Revenue has released the Average Market Rates for retail marijuana effective Oct. 1, 2020 until Dec. 31, 2020.

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