Hawaii the First State to Require Debit-Only Cannabis Sales

Beginning Oct. 1, Hawaii will be the first state in the U.S. to require cashless-only cannabis sales. A Colorado-based credit union will permit dispensaries in Hawaii to open bank accounts, and a debit app called CanPay will enable patients to purchase cannabis with their smartphones…

Colorado’s $100 Million/Month of Cannabis Sales the “New Norm”

Another month, another record-breaking amount of cannabis sales in Colorado. The cannabis industry achieved a milestone in May, with $100 million in pot sales for the 12th consecutive month. “I think that $100 million a month (in sales) are the new norm,” said Bethany Gomez, director of research for Brightfield Group, a cannabis market research firm…

Nevada Governor Declares State of Emergency After Weed Runs Low

There’s a first for everything, especially when it comes to the cannabis industry, so perhaps it’s not surprising that a lack of weed has led the governor of Nevada to declare a state of emergency. Less than two weeks after recreational marijuana sales began, dispensaries report that they’re running out of product to sell…

Harvest Season : Colorado Cannabis Sales Dip

Legal cannabis sales in Colorado took a dip in October from months, according to new data from the state‚Äôs Department of Revenue. From September to October, recreational cannabis sales dipped 13 percent to $49.1 million and medical pot sales dropped 18 percent to $31.3 million…