Annual Colorado Marijuana Sales Exceed $1-Billion in Record Time Marijuana sales in Colorado exceeded $1 billion as of August this year, the earliest point since the drug’s legalization 4-years ago. Tax revenue on those sales came in at $200 million, with sales of marijuana flower relatively steady and sales of edible products and concentrates like hash oil and live resin growing significantly. Between January and June, edibles sales shot up 13.8 […] Steven Agar | October 25, 2018 0 Comments
Canada is Running Out of Marijuana as Sales Smash All Expectations After just two days Canada has already started running out of marijuana with police being called to help at some stores. There were long queues and reports of shortages across different parts of the country with many being unable to buy cannabis. You might also like: Canada Now World’s Largest Legal Marijuana Marketplace After waiting seven hours in line at a […] SnowBrains | October 19, 2018 0 Comments
Canada Now World’s Largest Legal Marijuana Marketplace Today, Wednesday, Oct. 17, 2018, after 95-years of prohibition, Canada is set to become only the second country in the world and the first G7 country and major economy to legalize marijuana for all uses. Uruguay was the first country. Last night, in St. John’s, Newfoundland, hundreds of customers had lined up around the block at a private store by the […] Steven Agar | October 17, 2018 0 Comments
First Year Marijuana Sales in Nevada Exceed Expectations by 40-Percent The first full year of legal marijuana sales in Nevada surprised officials by exceeding expectations by 40 percent, reports the Tahoe Daily Tribune. Taxable pot sales statewide totaled $529.9 million and raised nearly $70 million in tax revenue, including $27.5 million for schools, the Nevada Department of Taxation said. Adult sales that first became legal on July 1, 2017, accounted for […] SnowBrains | September 1, 2018 0 Comments
Corona Owner Invests $4-Billion in Marijuana Company Constellation Brands Inc., which for seven decades has made its money off beer, wine and whiskey, sees its future in a marijuana leaf. The owner of Corona, Kim Crawford Wines, and Ballast Point is to increase its stake in Canadian cannabis company Canopy Growth, investing US$4 billion to acquire a 38% share of the business. The drinks giant said that […] Steven Agar | August 17, 2018 0 Comments
Molson Coors to Develop Marijuana Infused Drinks for the Canadian Market One of the world’s best-known breweries is teaming up with a Canadian cannabis company to make marijuana-infused drinks, reports USA Today. Molson Coors’ Canadian arm announced Wednesday that it’s partnering with The Hydropothecary Corp. to develop non-alcoholic weed drinks for the Canadian market. Canada begins legal marijuana sales nationally in October, but experts say the Molson Coors drink likely won’t be on […] SnowBrains | August 2, 2018 3 Comments
Due To Marijuana Use Loveland Ski Area, CO Employee Who Died On The Job’s Family Being Refused Benefits In December 2017, Adam Lee died while working at Loveland Ski Area, CO.  His family is now being denied 50% of his workers’ compensation benefits because marijuana was found in his system. Marijuana use is legal in Colorado, but a Colorado law exists that allows workers’ comp companies to cut benefits by 50-percent if toxicology tests prove positive for […] Industry News SnowBrains | July 17, 2018 0 Comments
Bargain Bud in California as Dispensaries Need to Offload Inventory before New Standards Apply from 1st July Bargain basement bud is on the menu in California, but you need to act fast to cash in on the cheap weed, reports ABC. Regulations being phased in six months after the state broadly legalized marijuana require that pot sold after this Saturday 30th June meet strict quality standards, so retailers unloading untested inventory are offering blowout prices. Deep discounts on […] SnowBrains | June 27, 2018 0 Comments