Infused beverages lead Election Day marijuana product sales spike

Infused beverages lead Election Day marijuana product sales spike

Marijuana product sales jumped nearly 6% on Election Day compared to the previous three Tuesdays, according to Seattle-based cannabis industry analytics provider Headset. Nearly every product category experienced an increase in sales in the 15 regulated U.S. marijuana markets tracked by Headset. THC-infused beverages were the product of choice for many cannabis consumers on Election […]

Marijuana stocks tank after Election Day results

Marijuana stocks tank after Election Day results

Marijuana stocks were reeling Wednesday on the heels of adult-use legalization failures on Election Day in Florida, North Dakota and South Dakota and the grim prospects of national MJ reform under a second Donald Trump presidency. The American Cannabis Operator Index, which includes nine U.S. publicly traded cultivators, processors, retailers and brands, was down nearly […]

2024 marijuana election updates, analysis & highlights

2024 marijuana election updates, analysis & highlights

MJBizDaily reporters and editors are providing live coverage of the 2024 election, focusing on legalization ballot measures in four states, key federal races that could affect marijuana reform and other election-related tidbits. Scroll down for updates our staff has filed about the states voting on marijuana-related proposals as well as potentially pivotal U.S. congressional races. […]

Election Day holds promise for cannabis industry reforms across U.S.

Election Day holds promise for cannabis industry reforms across U.S.

For the first time, both the marijuana-reform movement and the $32 billion U.S. cannabis industry have little to fear on Election Day. In a historic first, both major-party candidates for president have signaled support for state-level marijuana legalization. And since both former President Donald Trump and Vice President Kamala Harris have signaled support for the […]

Marijuana markets on the ballot could generate $2.3 billion in first year

Marijuana markets on the ballot could generate .3 billion in first year

If approved by voters on Tuesday, new regulated adult-use marijuana markets in Florida and North Dakota – along with a medical cannabis market in Nebraska – could collectively produce $3 billion during the first full year of sales. Together, the markets are likely to reach $4.3 billion in marijuana sales by the fourth year of […]

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