A Fox News Poll published the results of an election survey after the close of trading markets on Thursday that included positive results regarding the legalization of adult-use cannabis in Florida. The question for voters read, “If the election were today, how would you vote on Amendment 3, which would …
Bright Green expands goals but still hasn’t harvested any DEA cannabis
Bright Green Corp. (Nasdaq: BGXX) recently published a letter from its chief executive officer, Gurvinder Singh, telling investors of its lofty goals and strategy of accepting foreign investor money through an EB-5 program, the employment-based fifth preference visa participants receive. According to the U.S. Citizenship and Immigration Services, an investor …
THCA prices decline in May as autoflower cultivation takes root
THCA hemp flower is emerging as a disruptive force for the cannabis industry, while other industry segments face increasing competition and price fluctuations. A new report by Hemp Benchmarks, shared with Green Market Report, confirmed wholesale prices for THCA hemp flower have maintained parity with marijuana in several regulated adult-use …
More cannabis distress in California as major producing county reports decline in taxes
Yet another sign of distress in the legal cannabis market of California has surfaced, as Santa Barbara County reported that marijuana tax revenues have again fallen short, as four dispensaries that had planned to open this year have not yet launched. The southern California county, which is one of the …