Your Top 5 News Stories - October 20, 2021

October 20, 2021

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finance

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The Cannabis Industry Is Looking To Fill The Employment Gap

As New Frontier Data projects a market worth $35 billion by 2025, legal cannabis looms among industries expected to grow amid the pandemic


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EXCLUSIVE: AFC CEO Leonard Tannenbaum Sees Cannabis Industry Consolidating, With No Fed Legalization on Horizon

Lender: Passage of the SAFE Banking Act would enable cannabis purchases using Visa and MasterCard, likely boosting cannabis sales by 15%. 


medical

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Barriers to medical marijuana industry are keeping some patients from benefiting, advocates say

A year after Virginia’s medical cannabis dispensaries opened, patients yet find technological bugs, lengthy waits, and high prices, etc. 


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international

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Canadians bought CAD $1.3 billion of dried cannabis in first half of 2021

Statistics Canada reports Canadians’ spending on dried cannabis reaching approximately CAD $1.3 billion (USD $1 billion) over six months. 


 


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The Cannabis Industry is Rife with Fraudsters. The FDA is AWOL.

The FDA’s failure to act is both dangerous for cannabis consumers and damaging to a nascent industry striving for legitimacy and to compete.  


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