Canada’s ‘croptober’ surge pushes cannabis inventory over 1 million kilograms
Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in October 2020, according to new data offering a statistical glimpse of the country’s first large-scale “croptober” – when most of the fall outdoor harvest comes in.
New York appears better positioned than before to legalize $2 billion-plus recreational marijuana market
Facing massive budget woes and legalization in neighboring New Jersey, politicians in New York are set to take another crack at legalizing a recreational marijuana market that could generate more than $2 billion in sales – and this time, the odds look better.
Edibles outperform cannabis industry growth in 2020 on COVID-spurred sales surge
Cannabis edibles sales grew at a rate exceeding the overall growth of the marijuana industry in 2020, prompting manufacturers to invest in research and development and new product lines for 2021.