The three-day MJBizCon conference kicked off Wednesday morning at the Las Vegas Convention Center with speeches by executives at leading North American cannabis companies.
Combined taxes on wholesale and recreational marijuana sales generated $8.1 million in August, beating out July’s monthly record of $7.9 million.
The deal is the largest ever in the Nevada marijuana industry and creates the state’s biggest dispensary operator by locations. Green Thumb will now operate five dispensaries in Nevada, including the only one on the Strip.
The seventh annual conference, which kicks off Wednesday at the Las Vegas Convention Center, will bring more than 25,000 industry professionals to town for three days of networking and deal making. More than 1,000 exhibitors will offer an array of industry services and products ranging from accounting software to extraction equipment.
The forced resignation of U.S. Attorney General Jeff Sessions has people in the local marijuana industry breathing a sigh of relief.
Planet 13, which bills itself as one of the largest dispensaries in the world, opened to the public Thursday.
A federal trial in Colorado could have far-reaching effects on the United States’ budding marijuana industry if a jury sides with a couple who say having a cannabis business as a neighbor hurts their property’s value.
California moved a step closer Friday to allowing marijuana deliveries in communities that have banned retail sales of the drug as regulators rebuffed cities and police chiefs who are opposed to the rule.
The growth in North American cannabis edibles sales are set to smoke the flower market.
On Oct. 17, Canada becomes the second and largest country with a legal national marijuana marketplace. Uruguay launched legal sales last year, after several years of planning.