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Louisiana widening access to medical marijuana under new law

More Louisiana residents will have access to medical marijuana under a significant expansion of the state’s therapeutic cannabis program that Gov. John Bel Edwards has signed into law

More Louisiana residents will have access to medical marijuana under a significant expansion of the state's therapeutic cannabis program that was signed into law by Gov. John Bel Edwards.

Cannabis Sales Continue to Soar Through The Pandemic

Consumers are making the best argument that legal marijuana can help reignite the economy by purchasing cannabis products in record numbers across the country.

Every day, people across the United States demonstrate how legal cannabis could save the nation’s economy from the virus-caused downtown. They do so by buying record amounts of weed.

Las Vegas cannabis stores are reopening. Here’s what it looks like

In early 2020, legal marijuana sales were booming in Nevada. Tax revenue and sales figures reached record monthly highs, as likely did happy visitors and locals across the Silver State.

That all changed in March, when the coronavirus shut down cannabis stores, resorts along the Las Vegas Strip, and countless other businesses across the state. Following an order from Gov. Steve Sisolak, dispensaries operated for weeks on a delivery-only basis.

N.J. lawmakers advance second bill to decriminalize weed

Lawmakers are moving ahead with the second bill proposed in recent weeks that would decriminalize certain levels of marijuana possession in New Jersey, amid mounting protests both in the state and nationwide against racial inequality.

Their introduction comes months ahead of a ballot question set for November’s 2020 presidential election, where voters will decide whether recreational marijuana should be legalized for adult-use.

Cannabis Edible Leaders On The Sector's Future: 'Very Convenient To Consume'

Backed by shifting customer preferences during the COVID-19 pandemic, cannabis edibles are eating into the market share of other weed format.s 

Now, the industry is left wondering if growing edible interest is a passing trend or a sustainable market shift.

Recent Edible Market Trends: Liz Connors, director of analytics for data intelligence company Headset said that consumers want a consistent, reliable product overall. 

"Brands that deliver a consistent experience will do well," she said.

Taking The First Steps In A Legal Cannabis Business

Many people think of setting up a prosperous business at some point in their lives. Ideally, it should be relatively easy to manage, free of extra costs, and, of course, profitable. However, a lot of potential business owners get easily discouraged by the fact that there are usually many legal issues to sort out and not everyone feels comfortable with that. However, it seems that marijuana dispensary business is a good idea to make some profit relatively effortlessly.

Cannabis Companies Are Eligible For These Coronavirus Federal Payroll Tax Credits

The Families First and CARES acts each provide credits that can reach $5,000-plus per employee.

Relief appears to be available for cannabis companies

The cannabis industry rarely looks to the federal government for support. Yet the raft of fiscal relief addressing COVID-19 has caused some in the industry to wonder what options, if any, might be available for them.

HEXO shares surge as value-priced pot drives Q3 sales strength

Pot priced to compete with the illicit market stole the show as HEXO (HEXO.TO)(HEXO) reported its latest quarter. 

The Quebec-based company credited its Original Stash line for driving recreational sales net of excise tax up 28.8 per cent to $21 million in Q3. HEXO said its thriftiest offering accounted for half of the 9,338 kilograms sold to non-medical buyers in the three months ended April 30.

4 States Where Legalizing Marijuana Will Have to Wait Until 2021 or 2022

Residents in these states will have to wait a bit longer for recreational cannabis to be legalized.

Despite all that's gone on in 2020, it's important not to lose sight of the fact that we're now less than five months away from Election Day. We'll see voters choose who'll be president of the United States for the next four years, and could even witness the current political makeup of Congress shift.

But one of the more interesting stories for 2020 is going to be which states "go green."