Financial

Hemp

Snoop Dogg Expands Cannabis Brand With New THCA Hemp Platform

Hip-hop icon and cannabis entrepreneur Snoop Dogg has expanded his brand footprint once again—this time with the launch of a new online hemp store, TryDeathRow.com. The platform offers a curated selection of THCA flower and pre-rolls that are legal under the 2018 Farm Bill, positioning itself as a premium, federally compliant cannabis experience available nationwide. The …

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Cannabis Marketing

Michigan Cannabis Shop’s Bigfoot Statue Sparks Debate Over Marketing to Kids

A Michigan marijuana dispensary has drawn criticism after installing a large Bigfoot statue outside its entrance, reigniting discussions about whether cannabis retailers target children with whimsical marketing. The 10-foot statue, unveiled this summer at a Lansing-area dispensary, features Bigfoot holding a cannabis leaf and wearing a friendly expression. Supporters argue it’s a fun and unique …

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Marijuana Legalization

Hotels See Major Revenue Boost After Marijuana Legalization

A recent study has found that adult-use cannabis legalization significantly boosts hotel revenue. Analysis across Colorado revealed a 25.2% increase in monthly hotel income—an average gain of $63,671 per property—after recreational cannabis dispensaries opened. This revenue growth continued for at least six years post-legalization. Further data shows room-night bookings rose by 7.9%, and daily room …

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MARIJUANA TAX REVENUE

Pennsylvania Could Bring in Over $2 Billion in Marijuana Tax Revenue Within Five Years, Report Finds

A new economic report projects that Pennsylvania could generate more than $2.1 billion in cannabis tax revenue within five years if the state enacts adult-use marijuana legalization. The findings come as lawmakers continue debating multiple legalization proposals in the state legislature. The analysis, released by the state’s Independent Fiscal Office (IFO), evaluated the potential fiscal …

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MARIJUANA TAX REVENUE

States Have Collected Nearly $25 Billion in Marijuana Tax Revenue Since Legalization

A new report shows just how powerful legal cannabis has become as a source of public revenue. Since the first state-legal marijuana sales launched in 2014, states have collectively generated nearly $25 billion in cannabis tax revenue, according to data released by the Marijuana Policy Project (MPP). The report covers both recreational and medical marijuana …

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MARIJUANA LEGALIZATION

Legalizing Marijuana Lowers Workers’ Comp Costs and Prescription Drug Use, New Study Finds

Legal cannabis reform is paying off in more ways than one. A new study reveals that states with legal marijuana programs are seeing a significant reduction in workers’ compensation claims and prescription drug use among injured workers. Published in the journal Health Economics, the research analyzed data from over 2 million workers’ compensation claims between …

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Cannabis at Casinos

New Poll Shows 70% of Americans Support Marijuana Use at Casinos and Resorts

A new national survey shows that a strong majority of Americans are ready to bring cannabis out of the shadows—and into their vacation plans. According to a recent poll conducted by the American Gaming Association and YouGov, 70% of U.S. adults support allowing marijuana consumption at casinos and resort properties in states where it’s legal. The results …

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Pre Rolls

U.S. vs. Canada: How Pre-Roll Marijuana Markets Compare

Pre-rolls—those ready-to-smoke joints—have quickly become one of the fastest-growing categories in the legal cannabis industry. But while consumers in both the U.S. and Canada are fueling the trend, new analysis reveals that the two markets are evolving in dramatically different ways. According to a recent op-ed, the U.S. pre-roll market is thriving with innovation and …

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Cannabis Sales

U.S. Cannabis Industry Hits Record Sales—But Job Numbers Decline for First Time

In a surprising twist for one of the fastest-growing sectors in the U.S. economy, the cannabis industry lost jobs in 2023—despite setting a new national record in sales. According to a new report from industry analysts at Vangst and Whitney Economics, the legal marijuana market brought in over $28.8 billion in revenue last year, but …

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Marijuana Sales

New York Marijuana Sales Near $1.5 Billion as Legal Market Rapidly Expands

New York’s legal cannabis market is gaining serious momentum, with total marijuana sales approaching $1.5 billion and the number of licensed stores nearly tripling over the past year. That’s the key takeaway from a new state report showing just how quickly the Empire State is embracing legal cannabis. According to the New York Office of …

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