The Coronavirus pandemic is now in full swing, with non-essential retail businesses being ordered to close in a number of countries around the world. Included are legal cannabis dispensaries in countries like the US, Canada, and the Netherlands, where customers are queueing in order to stock up.
Colorado cannabis shops notched sales of nearly $1.75 billion during 2019, Setting a new annual sales record for the state home to the nation’s longest-established recreational cannabis industry, according to Colorado Department of Revenue data first reported by the Denver Westword.
A JOHNSTONE man was arrested after he was caught growing cannabis to relieve the pain he suffers following a serious injury.
The couple, who now live in Grand Junction, Colorado, originally met through their predilection for cannabis, so it seemed only fitting. Clara met Dusty while she was working at a local bar and he ended up loaning her a spliff, which was when sparks flew for the couple. In June 2017, the pair married at their home ranch and decided to celebrate their wedding doing what they loved – sharing a joint with friends and family.
The illegal cannabis farms discovered and closed down in the Netherlands last year stole a total of around 60 million euros in electricity, according to Netbeheer Nederland.
International personal care giant Colgate Palmolive has announced that it is set to acquire CBD oral care company, Hello Products. It is the most recent in a wave of established health brands entering the CBD space through acquisition.
Peterborough’s first legal cannabis store is about to open.
Concerns looming over coronavirus impact on cannabis industry, but some US firms could gain from fallout.
Marijuana and hemp companies of all stripes – from growers to retailers – are likely to join other global industries feeling the fallout from the coronavirus outbreak.
New data from Kryptoszene has revealed the cannabis industry is expected to see an increase in sales up to 374% until 2023. In only three years, a rise in demand for CBD-products will most likely result in a turnover of $23.7bn in the United States.
Cannabis has been used to treat pain for thousands of years. However, since the early part of the 20th century, laws restricting cannabis use have limited its evaluation using modern scientific criteria.