Brazil’s Medical Cannabis Market Reaches $90 Million A Year as Prescriptions Surge
Brazil’s medical cannabis market grew 15% year over year and has more than quadrupled its revenue since August 2022. As prescriptions rise and pharmaceutical competition intensifies, the country is moving toward a new model of domestic production. Medical cannabis continues to gain ground in Brazil. According to a new report by consulting firm Close-Up International, […]
Sorry Washington, You Can’t Beat the Gray Market
Governments think they can eliminate demand by banning supply. That misunderstands how gray and black markets operate. Texas has spent decades prosecuting marijuana possession. Now, in Austin, someone carrying certain delta-8 THC gummies can face a felony charge, while possession of a small amount of marijuana is generally treated as a lower enforcement priority. On […]
New York Dispensaries Have Sold More Than $4 Billion In Recreational Marijuana Since The Market Launched, State Officials Announce
New York’s recreational marijuana dispensaries have now sold more than $4 billion worth of legal cannabis products, state officials have announced. The Office of Cannabis Management (OCM) revealed the sales totals at a Cannabis Control Board (CCB) meeting on Thursday. The $4.1 billion worth of adult-use marijuana products since sales began in late 2022 includes […]