Your Top 5 News Stories - December 9, 2021

December 09, 2021

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How Cannabis Retail Stores Are Reinventing Themselves to Succeed in Today's Market

New Frontier Data projects the U.S. legal cannabis sector to annually grow from over $13 billion in 2019 to almost $43 billion by 2025. 

tech science innovation

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Three ways cannabis retailers can set up their businesses for delivery demand

As New Frontier Data’s 2021 U.S. Cannabis Consumer Evolution report details, delivery demand has been annually increasing for three years. 


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Marijuana Tax Suspended to Cut San Francisco Crime Surge

Illegal 2021 sales neared $2.23 billion in Illinois, versus a projected $1.87 billion in legal sales, according to New Frontier Data. 



social cultural

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Recreational marijuana could be on the horizon in Florida

If Florida legalizes adult-use cannabis, state dispensaries will expand their products exponentially, from a couple hundred to over 1,600. 

wild card

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IRS Official Gives Marijuana Businesses Advice on Tax Compliance

While cannabis remains federally illegal, businesses dealing with it still file federal taxes, and the IRS wants them to comply and pay.  

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