Colorado marijuana sales for 2023 topped $1.4 billion in November after the state’s cannabis companies sold $110.3 million for the month, the state Department of Revenue reported Thursday. Just one month shy of the state’s 10th anniversary of combined recreational and medical cannabis sales – which launched Jan. 1, 2014, …
MedMen Downgraded on OTC Marketplace
The OTC Marketplace Exchange knocked MedMen Enterprises Inc. (OTC: MMNFF) down a notch. The beleaguered cannabis company that at one time claimed to have a billion-dollar valuation is now getting a double-black diamond rating on the OTC. If you are a skier, you know that double black diamond runs are …
Pumping The Brakes On De-Scheduling Hopes
Leaving 2023 the cannabis industry was high on hope that cannabis would get rescheduled in 2024. Some were suggesting it could be sometime in the summer of 2024 if the average chain of events occurred. What sparked the positive thoughts was a recommendation in August 2023 from the Department of …