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Tag: greenmarketreport.com

The Business of Cannabis by ExtrovertingApr 10, 20256:36 AMApril 10, 2025
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Tilray continues closing breweries

Breweries seemed to be the answer to balance its cannabis business, but Tilray Inc. (NASDAQ: TLRY) is continuing to shutter businesses it recently bought. The latest is Hop Valley Brewing in Eugene, Oregon. The company announced the move internally a couple of days ago and confirmed to the outlet BrewBound …

The Business of Cannabis by ExtrovertingApr 10, 20255:11 AMApril 11, 2025
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New administration causing more cannabis consumption says survey

The 2025 survey of Americans 21 and older, conducted online by The Harris Poll on behalf of Royal Queen Seeds (RQS), asked Americans about their personal cannabis use. Half of cannabis consumers (50%) said the new presidential administration will lead them to consume more cannabis than they did before, including… …

The Business of Cannabis by ExtrovertingApr 9, 20251:37 PMApril 9, 2025
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Connecticut launches new state agency to oversee marijuana trade

Connecticut has joined many of its peers and established a new state agency devoted solely to regulating and overseeing its marijuana industry. The new office, which has yet to be formally named, will still be housed within the state Department of Consumer Protection, but will be set apart from another …

The Business of Cannabis by ExtrovertingApr 9, 202511:01 AMApril 9, 2025
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US cannabis forecast slashed by $21.1B through 2030

Cannabis and hemp research firm Whitney Economics lowered its U.S. cannabis retail market forecast through 2030, cutting projected sales by $21.1 billion, according to a new report released Wednesday afternoon. The Oregon-based consultancy now forecasts 2025 U.S. legal cannabis sales will reach $34 billion, which represents 13.1% growth from 2024’s …

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