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Arkansas Has Newly Proposed 2022 Ballot Initiatives for Cannabis Reform

Veriheal

The fight to legalize cannabis in Arkansas has gained more gusto than ever before with a new group of activists lobbying to get a reform initiative featured on the state’s 2022 ballot. Arkansas’ Cannabis Legalization Initiative. The group must gather 89,101 signatures by June 2022. Filed on Thursday, Nov.

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Canopy Growth Reports First Quarter Fiscal 2022 Financial Results – The John Bonham Of Cannabis?

Cannabis Law Report

Adjusted EBITDA loss in Q1 2022 was $64 million , a $29 million narrower loss versus Q1 2021 driven by higher sales and lower operating expenses. Adjusted EBITDA loss in Q1 2022 was negatively impacted by a $10.1 Maintained #1 market share 1 in tracked Canadian recreational cannabis market amid a highly competitive landscape.

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Cannabis Trends of 2022

Kind Meds (Cannabis Education Blog)

Historical evidence suggests that humans worldwide have been cultivating and consuming cannabis for tens of thousands of years, but cannabis use has skyrocketed in recent years, especially in the US. Our ancestors consumed cannabis flower for recreational, medicinal, and spiritual purposes.

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Connecticut Joining Its Neighbors To Fully Legalize Cannabis

Cannabis Law Report

Sales could begin in May 2022. During the state’s normal legislative calendar, lawmakers passed a similar bill, but Republicans pushed back and it never made it to a vote. To the contrary, this proposal opens the floodgates for tens of thousands of previously ineligible applicants to enter the adult-use cannabis industry.”.

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What’s the deal with cannabis consumption lounges?

The Cannigma

Just like the prohibition years of alcohol, it used to be that cannabis could be legally consumed only behind closed doors, down dank alleys, and in dark underground speakeasies. While cannabis is swiftly gaining in popularity, public prohibitions on use have derailed efforts to “normalize” and elevate cannabis as an alcohol alternative.

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Oregon Cannabis: State of the State (2021)

Canna Law Blog

Welcome to the sixth annual “State of the State” post on Oregon cannabis. Backed by strong pandemic tailwinds, Oregon rocketed past the $1 billion sales mark in 2020. Several of our clients have reported margin increases of 5-10% over the past year or two. At this time last year, Oregon had 719 licensed cannabis retailers.

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Canopy Growth posts CA$1.7 billion annual loss

Cannabis Law Report

Achieves 37% revenue growth in FY 2021 with strong double-digit growth across both cannabis and other consumer products businesses. Remains on track to achieve positive Adjusted EBITDA during the second half of FY 2022. opportunities in Fiscal 2022.” opportunities in Fiscal 2022.”

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