Jersey cannabis company triples production amid rising demand
A Jersey-based medicinal cannabis producer, Northern Leaf, has reported a remarkable turnaround, tripling its production capacity in less than a…
Tag: Revenue
Analysts Cut Revenue Estimates for Decibel Cannabis Company
Decibel Cannabis Company Inc. (CVE:DB) faces challenges as analysts downgrade their revenue forecasts for the current year. Following a significant…
Cannabis Jobs Decline Despite Rising Industry Revenue
According to Vangst, a marijuana staffing firm, the number of cannabis jobs in the United States decreased by 3.4% in…
Minnesota lawmakers propose cannabis tax hike to 15%
Minnesota legislators have introduced a bill to increase the cannabis gross receipt tax from the current rate of 10% to…
Missouri cannabis sales rise nearly 5% in April 2024
In April 2024, total cannabis sales in Missouri reached $125.9 million, marking a year-over-year increase of 4.86%. Despite this growth,…
StrainBrain launches AI to boost dispensary sales and loyalty
StrainBrain, known for its AI Budtender® solution, has unveiled a new AI model designed to support cannabis dispensaries in enhancing…
Pennsylvania Senate Rejects Recreational Marijuana Bill
A proposed bill to legalize recreational marijuana in Pennsylvania has stalled in the state Senate. The Senate Law and Justice…
US cannabis industry sees job decline amid rising revenue
The US legal cannabis industry is undergoing a significant transformation, as highlighted in Vangst’s annual Cannabis Jobs Report, produced with…
Pennsylvania House Approves Recreational Cannabis Bill
The Pennsylvania House of Representatives has passed a bill to legalize recreational cannabis, marking a significant development in the state’s…
Trulieve reports $298 million in Q1 cannabis revenue
Trulieve Cannabis Corp., a prominent player in the U.S. cannabis industry, announced its financial results for the first quarter ending…