Nevada Gains $30 Million Tax Revenue in Six Months from Marijuana Sales

Nevada’s marijuana industry is just starting to sprout but it has already raked in $30 million in tax revenue. The Silver State’s business owners have already sold more than $195 million of cannabis in almost half a year of operations in the market. Together with Maine, California, and Massachusetts, Nevada passed a law that finally […]

Denver Approves City’s First Legal Marijuana Club

Dowtown Denver Colorado

Denver, Colorado’s largest city approved the first ever legal marijuana club. The first city in America to legalize adult use cannabis sales is now joining other legal cannabis cities across the country from other states where cannabis clubs are already operational. In 2016, voters in Denver approved a ballot measure that allowed “social consumption” locations. […]

Explore More with Weed Journal

Every few years, advances in technology arise and revolutionize the way communities are mobilized. Social media platforms have been at the forefront of this trend and have connected communities far and wide.  Yet, one way or another, the cannabis community has, for the most part, been left out. The cannabis community has had a tumultuous […]

Marijuana Sales Overtake Alcohol for the First Time

Most people are aware of the huge difference in effects on our health between Cannabis and Alcohol

It has been three years since Colorado became the first US state to legalize the use of cannabis for adults. And three years was all it took for the marijuana to surpass the sales of alcoholic beverages in a city in Colorado. Once a silver-mining town, now a luxury ski resort destination, the town of Aspen reported […]

Four Ways Blockchain Will Impact the Marijuana Industry

Based on the latest report from the Brightfield Group, a company that focuses on market research and insight into the legal cannabis industry, the global market for cannabis is slated to hit $31.4 billion by 2021. The report also states that the market is currently worth over $7.7 billion and will witness a compound growth […]

Credit Cards Won’t Solve Cannabis’ Cash Problem: Blockchain Will

Twenty-nine states have jumped on board to legalize cannabis for medical and/or recreational purposes, and Canada is expected to fully legalize recreational in 2018. Already one of the fastest growing industries in North America, further legalization will continue to accelerate growth. But with cannabis remaining a Schedule I drug, cannabis-based businesses typically have no access […]