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CBD Market Report

Project CBD

HerbalGram, the acclaimed quarterly journal of the American Botanical Council, recently published its 2021 “Herb Market Report,” which included data on sales of CBD as an herbal ingredient in mainstream and natural retail channels in the United States. E-commerce sales of CBD in the U.S. increase in annual sales.

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Cannabis and California Farmers’ Markets Could Soon Meet Up

Veriheal

Wood released this statement to the media: “It is no secret that cannabis businesses throughout the state are struggling, whether it’s taxes, compliance cost, competing with the illicit market or other challenges. For small-scale producers to have direct marketing and sales opportunities with consumers is really critical.”

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CBD Shops Shuttered in Hong Kong After Cannabinoid Is Categorized as ‘Dangerous’

Veriheal

A new law criminalizing the possession, use, and sale of cannabidiol (CBD) in Hong Kong has been in full force since its effectuation across the concrete jungle on Wednesday, February 1. It has also been shown to harbor neurological protective effects.

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Cresco Labs Closes Sale-and-Leaseback with Aventine Property Group for Brookville, PA Facility

Cannabis Law Report

This sale marks Cresco Labs’ first sale-leaseback transaction with Aventine. This sale marks Cresco Labs’ first sale-leaseback transaction with Aventine. CHICAGO–(BUSINESS WIRE)– Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), a vertically integrated multistate operator and the number one U.S.

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International Cannabis Brand Cookies Opens Its First U.S.-Based Consumption Lounge on West Coast

Cannabis Law Report

Consumers can expect a curated, seed-to-table-like experience. City ordinance allows any products sold in the Cookies Coalinga dispensary, including flower, concentrates and edibles, to be consumed in the lounge. Customers can also purchase cannabis-infused beverages and have them poured over ice. Durian Ave. with Berner in attendance.

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Columbia Care Announces Grand Opening of Cannabist Dispensary in Missouri; First Cannabist in the State and Ninth in the Nation

Cannabis Law Report

The dispensary boasts seven points of sale and a drive-through service window. Columbia Care will also open a manufacturing facility in nearby Columbia, which will produce vapes, edibles, tinctures, tablets and pre-rolls. Missouri’s medical marijuana sales reached more than $113 million in September, since launching in October 2020.

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Columbia Care Celebrates Transition to Cannabist in Downtown Boston Co-Located Adult-Use and Medical Dispensary

Cannabis Law Report

Since the start of adult-use sales in the Company’s Boston location on August 10, the revenue mix has quickly evolved to roughly half medical and half adult-use. Since the start of adult-use sales in the Company’s Boston location on August 10, the revenue mix has quickly evolved to roughly half medical and half adult-use.