Tag: Northwest
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U.S. Cannabis Roundtable ‘optimistic’ that rescheduling still on the table
At least one of the major national marijuana trade organizations says it’s still hopeful that federal cannabis rescheduling will be completed under the new administration of President Donald Trump, but a spokesman said the timeline is completely up in the air for now, given the breadth of other political priorities …
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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 …
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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 …