Your Top 5 News Stories - July 2, 2021

July 02, 2021

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finance

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Speaking at cannabis conference, New Mexico governor touts potential of recreational marijuana industry
A state report predicted that adult-use cannabis sales in the full fiscal year will generate $28.5 million in state and local tax revenues. 

legislative

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First Southern state allows recreational marijuana, as Virginia law takes effect
New Frontier Data’s 2020 U.S. Cannabis Report reported Virginia’s robust illicit market being worth more than $1.8 billion last year. 

social cultural

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Report: American sprinter Sha'Carri Richardson tests positive for cannabis, Olympic hopes in doubt
While many professional sports are undertaking broad reforms to cannabis bans, it remains prohibited by the World Anti-Doping Agency (WADA). 

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international

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Business is starting to trump morality in Africa’s cannabis industry
In 2017, Lesotho became Africa’s first nation to legalize cannabis, followed last month by Morocco, and others making preliminary moves.

tech science innovation

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Where's the weed aisle? Study shows 1 in 3 Americans want cannabis in grocery stores
A poll found 1 in 3 Americans wanting to purchase cannabis in grocery stores, along with newsstands, convenience stores, and gas stations.   

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