Tag Archives: revenue

Steans and Cassidy: Legal Cannabis Could Bring Revenue, Jobs to Illinois

CHICAGO, Nov. 28, 2017 /Weed Wire/ — Illinois could see up to $699 million in new revenue by legalizing cannabis use among adults through a measure that would spur economic development while protecting public safety. Lawmakers heard from advocates today during a combined Senate and House hearing.

5 Things You Didn’t Know About the Alaska Marijuana Economy

5 Things You Didn’t Know About the Alaska Marijuana Economy

In February 2015, Alaska became one of the first states to legalize recreational marijuana with a 53% vote in favor of the drug. Even though cannabis was made legal in the state, it took another year for Alaska to approve cannabis retail stores and manufacturers. Now, since the state has approved full legalization, the industry has grown, affecting Alaska’s economy in a number of ways.

5 Things You Didn’t Know About the Canadian Marijuana Economy

5 Things You Didn’t Know About the Canadian Marijuana Economy

Canadian Prime Minister Justin Trudeau introduced legislation to legalize recreational marijuana throughout the country, which plans to be in effect on Canada Day (July 1) 2018. Now, many experts have predictions for the Canadian marijuana economy as a result of the cannabis industry becoming legal.

Has This Top Marijuana Stock Weathered a Serious Storm?

Has This Top Marijuana Stock Weathered a Serious Storm?

The stock of MedReleaf Corp. has recently outperformed those of other top marijuana stock players in Canada, and there could be further price gains going forward after the recently listed cannabis firm has found its footing and stopped the earlier quarterly revenue declines.

Aurora Cannabis operational update

Operational Update: Aurora Cannabis Surpasses 19,000 Patients; Record Monthly Revenue, Shipments, Grams Sold

VANCOUVER, Aug. 31, 2017 /Weed Wire/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (TSX: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) is pleased to provide the following operational update.

Israel Medical Marijuana: Joint Panel Approves Government-Run Export Plan

Israel Medical Marijuana: Joint Panel Approves Export Plan

Israel’s Finance and Health ministries approved a medical marijuana export plan that looks to increase annual revenue from $1 billion to $4 billion as the government-supervised program seeks to brand and market its pot products internationally.

The 1 Word in GW Pharmaceuticals' Q3 Update That Disappointed Investors

The 1 Word in GW Pharmaceuticals’ Q3 Update That Disappointed Investors

When GW Pharmaceuticals announced its fiscal third-quarter results on Monday, the company provided plenty of information about its performance during the quarter. However, it wasn’t any of the numbers in the update that caused this decline. Instead, one word caused investors’ disappointment.

Nevada Recreational Marijuana Gets Green Light for Sales on July 1

Nevada Recreational Marijuana Greenlit for Sales on July 1

The partygoers of Sin City will soon be given the opportunity to indulge in recreational marijuana this Saturday. On July 1, 2017, Nevada recreational marijuana sales will commence as dispensaries will have the green light to sell to adults.

Which Cannabis Stock Could Be First to $1 Billion in Annual Sales?

Which Cannabis Stock Could Be First to $1 Billion in Annual Sales?

If there is a “Holy Grail” milestone out there for cannabis stocks, it’s the $1 billion sales mark. The first cannabis company to hit $1 billion in sales will likely validate the industry to Wall Street and investors. But which marijuana stock has the best chance at being first to $1 billion in annual sales?

Proposed Connecticut Budget Bill Adds Cannabis Legalization

Proposed Connecticut Budget Bill Adds Cannabis Legalization

In a Connecticut budget bill introduced on May 16, 2017, Democrats included legalizing, regulating and taxing recreational marijuana. According to the Marijuana Policy Project, the proposal would allow adults 21 and older to buy marijuana from dispensaries.

Teen Marijuana Use MJICM_MPP-Logo-500px-Web-500x281 House Senate

Delaware House Committee Approves Bill to Regulate and Tax Marijuana Like Alcohol

DOVER, Del., May 10, 2017 /Weed Wire/ — The Delaware House Revenue and Finance Committee approved a bill Wednesday (9-2) that would make marijuana legal for adults and regulate it similarly to alcohol. HB 110, also known as the Delaware Marijuana Control Act, will now be considered by the full House of Representatives.

BOL Pharma Limited Growers Licence Sinapse international meetings and Endoca

THC:ASX Announcement: 1st Quarter Revenue up 22% And US Expansion

SYDNEY, Australia, May 9, 2017 /Weed Wire/ – The Hydroponics Company Limited (ASX: THC) is pleased to announce that first quarter revenue in its wholly owned subsidiary CMDV (Crystal Mountain (Canada)/Dragon Vision (Hong Kong)) increased by more than 22% year-on-year to over $1.11m.

Illinois Medical Marijuana Sales Rise Slightly in April

Illinois Medical Marijuana Sales Rise Slightly in April

On May 3, 2017, the Illinois Medical Cannabis Pilot Program reported that it raked in just over $6.6 million in retail medical marijuana sales for the month of April, a slight increase of $300,000 from the $6.3 million in sales for the month of March.

Massachusetts lawmakers debate tax on recreational marijuana

Massachusetts Lawmakers Debate Tax on Recreational Marijuana

Western Massachusetts sheriff’s want the state to use marijuana tax revenues to help combat the state’s deadly opioid addiction crisis. The bill under consideration would impose a 17% tax on marijuana.

Leafceuticals NuAxon Supercritical Ludlow Research Paul Pelosi Jr. Alternative Asset Summit Leafceuticals Freedom Leaf - financial conferences NuAxon otcqb Spanish Speaking WallStreet Research

Freedom Leaf, Inc. (OTC PINK: FRLF) Today Announced Mr. Charles Grigsby Has Joined The Marijuana Legalization Company As Its New Chief Financial Officer

LAS VEGAS, April 20, 2017 /Weed Wire/ — Freedom Leaf, Inc. (OTC PINK: FRLF) today announced Mr. Charles Grigsby, CPA, ABV, CFF, CITP, CMAA, MAFF, CFE has signed a two year executive employment contract with Freedom Leaf, Inc. as its new Chief Financial Officer (CFO).

Patrick Kennedy's anti-marijuana crusade

Patrick Kennedy’s Anti-Marijuana Crusade

In an interview with Yahoo News and Finance Anchor Bianna Golodryga, former Rep. Patrick Kennedy, D-R.I. claims lobbyists for marijuana legalization are attempting to sell Americans on a “Trojan horse.” Should members of the legal marijuana industry be concerned about Kennedy’s argument gaining momentum?

Illinois_feedback

Feedback Will Shape Efforts to Legalize Recreational Marijuana

SPRINGFIELD, Ill., April 12, 2017 /Weed Wire/ — At a press conference today, State Senator Heather Steans (D-Chicago) and State Representative Kelly Cassidy (D-Chicago) announced plans to hold the first subject matter hearing on the topic at 12 p.m. Wednesday, April 19, in the Bilandic building.

Massachusetts Banked $7.2M in Medical Marijuana Revenue in 2016

Massachusetts Banked $7.2M in Medical Marijuana Revenue in 2016

According to the Medical Marijuana Trust Fund Annual Report, issued by the Massachusetts Department of Public Health for fiscal year 2016, the state collected approximately $7.2 million in revenue from its medical marijuana program.

HempTech - CannaTRACK

HempTech (HTCO) Announces Preliminary Record Numbers for Fourth Quarter and Year-end 2016 — Grew revenue 400% compared to Q4 2015

SAINT PETERSBURG, April 10, 2017 /Weed Wire/ — HempTech Corp. (OTC PINK: HTCO), a provider of advanced Controlled Environment Agriculture (CEA) with sophisticated automation and analytical tools for the cultivators of legal industrial hemp and marijuana, announces today that it has experienced exceptional growth in corporate performance and sales in 2016, which has materialized broadly in the first quarter 2017.

Sacramento Taking Steps To Regulate Marijuana Businesses

Sacramento Taking Steps to Regulate Marijuana Businesses

On Tuesday, the City Council passed two ordinances relating to marijuana manufacturing and testing businesses. Business owners will be able to apply for a permit beginning May 4.

Illinois Medical Cannabis Sales Surge by Nearly $2 Million in March

Illinois Medical Cannabis Sales Surge by Nearly $2 Million in March

On April 5, 2017, the Illinois Medical Cannabis Pilot Program announced that it brought in approximately $6.3 million in retail medical marijuana sales for the month of March, a nearly $2 million surge from the $4.9 million in sales for the month of February.

This Could Be the Smartest Marijuana-Related Investment You Make

This Could Be the Smartest Marijuana-Related Investment You Make

While the potential market is huge, there’s just one problem. All of Canada’s marijuana stocks are so expensive that no valuation-based investor will touch them. Fortunately, there are ways investors can have their cake and eat it too. All you need to do is identify industries that will get a nice bump from legal pot.

Steans Seeks to Mend Budget Woes by Legalizing Marijuana

CHICAGO, March 23, 2017 /Weed Wire/ — Senator Heather Steans (D-Chicago) seeks to create a new revenue source for the State of Illinois by legalizing and taxing recreational marijuana. Senate Bill 316 legalizes the possession of up to 28 grams of marijuana and will allow facilities to sell marijuana products.


Page 1 of 3123
Top