Tilray Brands (NASDAQ: TLRY) (TSX: TLRY) will introduce a line of hemp-derived delta-9 THC drinks in “key markets” in the U.S. next month. According to a Tuesday news release, the company formed a new business unit, Tilray Alternative Beverages, to implement moves like this. Tilray didn’t specify the markets where …
Tag: Southwest
Bright Green shares suspended from trading on Nasdaq
New Mexico-based Bright Green Corp. (Nasdaq: BGXX) had its shares halted from trading on the Nasdaq on Friday, the company announced in a press release, following the cancelation of a Sept. 26 appeal hearing regarding its possible delisting. The company, which won an uplisting to the Nasdaq two years ago, …
New Mexico August marijuana sales top $51.1 million
New Mexico’s two-year-old recreational cannabis market may have already reached its peak, with around the $51.1 million in total sales reported for August, according to statistics from the state Regulation and Licensing Department. For the month, New Mexico’s 1,006 dispensaries chalked up $38.9 million from 991,891 transactions in recreational sales …
States’ coffers filling with cannabis tax revenue
The United States Census Bureau published its latest second-quarter data for cannabis tax revenue for states with a legal market. The East Coast markets saw the most increases, while the West Coast markets saw declines. The Census Bureau noted that Washington, Nevada, Maryland, New Mexico, New Jersey and Arkansas could …