Washington, DC: Legal cannabis markets generated an estimated $2.8 million in excise taxes in fiscal year 2022 (July 2021 to June 2022), according to an analysis provided by The Urban-Brookings Tax Policy Center. Regulators in California collected the largest amount of excise tax revenue ($774 million) while regulators in Alaska collected the least ($30 million). In the two states with the most mature …
NEW YORK, Oct. 14, 2022 /PRNewswire/ — The Insight Partners published latest research study on “CBD Oil Market Size, Share, Revenue, Growth Strategy, Industry Trends and Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Application, Distribution Channel, and Geography”, the global CBD oil market size is expected to grow from USD 2.42 billion in 2021 to USD 15.66 billion by 2028; it …
SYDNEY, Oct. 13, 2022 (GLOBE NEWSWIRE) — “Cannabidiol (CBD) Oil Market” the new research report adds to Data Bridge Market Research’s reports database. This Research Report is spread across 350+ Pages, 220 No of Tables, And 60 Figures summarizing Top companies, with tables and figures. Global Cannabidiol (CBD) Oil Market report through its market research helps improve and modify products so that …
AUSTIN, Texas–(BUSINESS WIRE)–Fluence, a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, today announced the release of the seventh-annual “State of the Cannabis Lighting Market” report produced by Cannabis Business Times, a national publication dedicated to the ongoing advancement of legal cannabis cultivators. Results from the 2022 report demonstrate the increasing usage of LED lighting technology across …
BEND, Ore., Oct. 12, 2022 /PRNewswire/ — Dutchie — the technology platform powering cannabis commerce — today announced the launch of Dutchie Insurance, a new full-service insurance offering designed to meet the needs of the cannabis industry by offering all-encompassing protection at the lowest prices. The new insurance offering from Dutchie provides a crucial service and better protection for any stakeholder in the cannabis supply …
DENVER, Oct. 13, 2022 /PRNewswire/ — Best known for its premium-quality Rick Simpson Oil (RSO) cannabis extract, LePow Extracts is adding a new product to its collection. The Cereal Killaz edibles set features three mini chocolate bars infused with full-spectrum RSO and studded with sweet, crunchy cereal pieces. The new LePow edibles are a deliciously convenient option for consumers interested in enjoying all …
PHOENIX, Oct. 13, 2022 /PRNewswire/ — ExStax™, a cannabis technology company, today announced the launch of the first stackable dual cartridge system delivering a customized vaping experience. Made with medical grade components, the patented-technology is universally compatible with existing .510 cartridges on the market, and is compatible with a large majority of .510 batteries, allowing consumers to blend cannabis, tobacco, and CBD/hemp vapor …
The Leipzig-based 5th Criminal Division of the Federal Court of Justice has rejected the appeals of two defendants against a Berlin judgment in which they were sentenced to imprisonment in particular for trading in CBD flowers. The Berlin Regional Court sentenced one of the accused to total imprisonment of three years, nine months and ten months (the execution of which …
LOS ANGELES, Oct. 11, 2022 /PRNewswire/ — BLAZE®, the industry-leading cannabis software suite and point-of-sale (POS) platform for Cannabis Retailers, and Leafly, a leading cannabis discovery marketplace and resource for cannabis consumers, today announced an enhanced partnership that instantly improves inventory management, menu capability and fulfillment tools for cannabis retailers and their employees. “We are thrilled to be partnering with Leafly to streamline online …
CHELMSFORD, Mass., Oct. 12, 2022 /PRNewswire/ — VJ Group, the leading global X-ray technology provider, has launched a cannabis division, VJ Scientific. The new division will engineer and manufacture high-performance and cost-effective X-ray solutions for the cannabis industry. VJ Scientific’s flagship product is a revolutionary non-thermal, non-chemical cannabis decontamination machine, “CX-1000,” which will be presented in November at MJBizCon in Las Vegas. VJ Scientific has …