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By 2025, the US market is projected to generate $24 BILLION USD in recreational and medical marijuana sales. Likewise, the CA market is expected to generate $7 BILLION USD in recreational and medical marijuana sales.

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Pot Sales Up 25% to $54M in November as Overall Retail...

Cannabis store sales totalled $54 million in November, the first full month of legal recreational pot sales, according to Statistics Canada. The cannabis sales for the month a...

Tilray to Buy Natura for Up to $70M, Doubling Canadian Cultivation...

Tilray Inc. has inked a deal to buy Natura Naturals Holdings Inc. for up to $70 million, a move which roughly doubles the licensed cannabis...

Quebec’s Cannabis Agency Cuts Back Expansion Plans Amid Shortages

MONTREAL — Quebec’s cannabis agency generated about $40 million of sales in its first three months of operation, but supply shortages are forcing the public...

Ontario says no click-and-collect pot purchase from private retailers

TORONTO — The Ontario cannabis retail regulator says private pot retailers will not be able to offer a click-and-collect service that would allow consumers to buy online...

Trump’s AG Pick Vows Not to Target Marijuana Businesses

WASHINGTON — President Donald Trump’s pick to become the next attorney general said Tuesday that he would “not go after” marijuana companies in states...

Namaste Fires CEO, Starts Strategic Review of the Cannabis Tech Company

TORONTO, United States — Cannabis tech company Namaste Technologies Inc. has fired its chief executive and plans to commence legal action against him as...

Toronto Stock Index Hits Highest Level in Four Months as Pot...

TORONTO — Canada's main stock index reached its highest level in four months Monday on a big surge in cannabis stocks. The S&P/TSX composite index closed up...

Correction: Off The Charts-Thirsty for Growth Story

NEW YORK — In a story Jan. 17 about beer makers’ focus on cannabis companies, The Associated Press reported erroneously about the specifics of...

Fewer Than 20 Per Cent of Ontario Municipalities Opt Out of...

TORONTO — Fewer than 20 per cent of Ontario’s municipalities have declared themselves unwilling to have cannabis stores within their boundaries, at least for...

Fairbanks City, Borough Take in $1M in Pot Taxes for 2018

FAIRBANKS, Alaska — The city of Fairbanks and the Fairbanks North Star Borough will collect more than $1 million in taxes on marijuana for...