Your Top 5 News Stories - August 27, 2021

August 27, 2021

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legislative

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Cannabis Data Firm Says Schumer's Legalization Bill A Dud

[Free trial subscription] New Frontier Data finds the proposed U.S. Senate bill too complicated, burdensome, and unclear about regulations. 


finance

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Beware The Wolves of Weed

New Frontier Data notes that full cannabis legalization in all 50 states today would spur creation of more than 1 million jobs by 2025. 


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California Shattered Marijuana Tax Revenue Record in Latest Fiscal Year State Reports

The state collected $817 million in tax revenue from 2020-’21 adult-use cannabis sales, up 55% year-over-year from the previous totals. 


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tech science innovation

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Careful Cannabis Prep Is Key for Successful Extraction Outcomes

The proper drying, curing, and storage of cannabis come at a premium for extractors to maximize their margins for valuable end products. 


medical

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What Americans Think About Medical Cannabis
Three in 10 U.S. adults deem cannabis/CBD as preferable to traditional medical products, as 26% prefer options over chemical medications. 

 

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