Your Top 5 News Stories - December 1, 2021

December 01, 2021

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international

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Will Germany Conquer Europe’s Weed Market?

New Frontier Data examined Germany’s growth of illicit cannabis sales as a case study before the EU’s largest legal adult-use market opens. 


finance

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VIDEO: Yellen: Bank Access for Cannabis Firms Would Aid U.S. Tax Collections

The U.S. Treasury Secretary told the House Financial Services Committee that legal cannabis businesses’ access to banking would aid the IRS. 


wild card

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THC mispackaged as CBD brings 7 lawsuits against U.S. cannabis giant

Curaleaf blamed “unintentional human error” for its producing CBD drops that were actually THC drops, and vice versa, in over 1,000 bottles. 

 


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legislative

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‘No one’s having a ton of fun’: Many Alaska cannabis businesses are struggling and failing

Stakeholders in the state are frustrated by a flat excise tax on cultivators, retail oversaturation, and its tying licenses to real estate. 


social cultural

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Poll Reveals Cannabis Shopping Trends For The Holiday Season

More than 9 in 10 consumers surveyed in legal adult-use states aim to use cannabis, with over 3 in 4 planning to gift it for the holidays.   


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