Finance
High Times announced it will open two flagship retail stores offering cannabis under dispensary licenses, giving the strongest brand in the marijuana industry a new engine of growth as it prepares for a public listing.
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Colorado marijuana dispensaries have set a new sales record for the sixth consecutive year, according to the state Department of Revenue.
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A state-best $9.8 million in marijuana tax revenue was collected by Nevada in October, according to the Nevada Department of Taxation, which regulates the industry.
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Banks are in the business of making money, and the medical marijuana industry is expected to generate a lot of it.
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Statewide sales of legal marijuana totaled $19.7 million in the first 12 days, officials said.
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Smoke more, drink less. That appeared to be the trend among Canadians in the first full year of legal cannabis, when beer volumes fell by 3% through November, according to data from Beer Canada.
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