Out of the myriad of marijuana edible brands available across the United States, four of them have risen to the top and control about 18% of the national cannabis edibles market, according to a report from New Frontier Data. The report found that for the week of Aug. 25, Oregon-based …
Tag: Southwest
The Daily Hit: September 5, 2024
The Daily Hit is a recap of the top financial news stories for Thursday, September 5, 2024. On the Site Longtime New Mexico cannabis company shuttering due to saturation As of Sept. 3, New Mexico had approved 1,006 retail licenses. Read more here. Jazz Pharmaceuticals’ CBD drug shows promise beyond …
Longtime New Mexico cannabis company shuttering due to saturation
Vertically integrated cannabis retail chain Sacred Garden in New Mexico, a staple of the marijuana industry since its founding in 2010, is going under and will close its doors Sept. 21, according to media reports and a notice on the company website. The New Mexico market has become too competitive …
New cannabis markets open doors for more cannabis jobs
Once blooming cannabis markets have been trimmed in recent years – but the reason isn’t all that insidious. OG markets like Colorado and Washington state have simply reached a new stage of development. They’re maturing. And that’s led to fewer jobs for those looking to get a foot in the …