Trends

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 …

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

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 …

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

As Delaware prepares to launch its recreational cannabis market, some local governments are already pushing for the right to impose additional taxes on marijuana sales. The move is raising concerns among industry experts, advocates, and consumers who fear it could drive up prices and undermine the goals of legalization before the first dispensary even opens. …

Local Governments in Delaware Seek to Add Extra Sales Tax on Legal Cannabis Read More »