illicit market

There have been plenty of events in the New York cannabis space. We will break them down for you. Legal Battles Stall Cannabis Licensing Efforts New York’s Office of Cannabis Management (OCM) is dealing with over 20 active lawsuits, reported Green Market Report. These legal challenges stem...

Sales Decline And Market Dynamics Recent market updates suggest a decline in California's cannabis sector despite a consistent number of licensed storefronts. Sales dropped 5% sequentially and year-over-year to $1.05 billion in Q4 2023, with taxable sales shrinking by 8% to $1.25 billion. Early...

A 2023 study conducted by researchers at New York’s Columbia University, utilizing data from the National Health and Nutrition Examination Survey by the US Centers for Disease Control, sheds light on the potential health risks linked to heavy metal buildup in cannabis users. Notably, the...

Cannabis companies have been ready to launch their products for several years, chomping at the bit actually. Cannabis consumers have been ready to buy their products for even longer, but they’re tired of waiting so they’ve turned to the illicit market. When cannabis became legal in...

Some might expect that with the widespread acceptance of cannabis and its state-by-state legalization, illicit marijuana markets would be few and far between. But they'd be wrong. Whether here or in some parts of Canada, illicit markets not only exist but even thrive in some...