Tag Archives: Retail Sales

Canopy Growth Corp.: There’s a Downside to the LCBO Entering Marijuana Retail

Canopy Growth: There’s a Downside to the LCBO Entering Marijuana Retail

Canopy Growth: There’s a Downside to the LCBO Entering Marijuana Retail

The Ontario government announced September 8 that the LCBO will oversee the retail sale of cannabis in Ontario through standalone stores and an e-commerce site.

city council

Uruguay, First Country in the World to Legally Regulate Marijuana, Begins Retail Sales Today

WASHINGTON, July 19, 2017 /Weed Wire/ — Today, Uruguay will begin sales of legal marijuana for adult residents. The marijuana legalization proposal was put forward by former President José Mujica in 2012 as part of a comprehensive package aimed at improving public safety.

Legal Pot Could Steal More Than a Quarter of Beer Drinkers

Legal Pot Could Steal More Than a Quarter of Beer Drinkers

In the latest speculation about the impact of legal marijuana on beer sales, Cannabiz Consumer Group research shows more than a quarter of beer drinkers have switched or would switch to marijuana, causing a major hit to retail sales of beer. Cannabiz estimates retail sales of beer could drop $2 billion annually, or 7.1 percent of existing sales.

Maine Legislators Propose Extension of Delay in Marijuana Retail Sales

Maine Legislators Propose Extension of Delay in Marijuana Retail Sales

Adult-use marijuana legalization in Maine is set for Jan. 30, 2017, but the law included a nine-month delay in retail sales to allow lawmakers to set rules. Now Senate President Mike Thibodeau, a Republican from Winterport, Maine, and Rep. Louis Luchini, a Democrat from Ellsworth, Maine, have proposed extending the delay until Feb. 1, 2018.

Maine Governor Certifies Pot Vote But Urges Moratorium on Sales

Maine Governor Certifies Pot Vote But Urges Moratorium on Sales

Maine Gov. Paul LaPage on Dec. 31, 2016, signed a proclamation certifying the state’s narrow vote to approve adult-use of marijuana, according to a Jan. 3, 2017, article in the Portland Press Herald. LaPage confirmed the signature during a Jan. 3, 2017, radio show program during which he also urged Maine legislators to set a moratorium on marijuana sales.

Arizona

Study Says Recreational Pot in Arizona Will Bring $82 Million in Taxes

A new study says Arizonans would spend about $500 million on marijuana if it is legalized for recreational use, according to a Capitol Media Services report at Tucson.com. That would generate about $82 million in taxes for Arizona each year.

New Report Indicates Significant Economic Impact on State from Cannabis Retail Sales

PORTLAND, Ore., April 12, 2016 /Weed Wire/ — Economist Beau Whitney and cannabis industry consultant Sam Chapman today released “Oregon Cannabis Jobs Report: Retail Sales and Job Creation in Oregon’s Burgeoning Cannabis Sector,” a white paper that details the economic impact on Oregon from the retail side of the state’s newly legal recreational cannabis industry.


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