420 with CNW — California Earmarks $100 Million to Help Cannabis Companies Get Licensed
Sep 7, 2021
According to a 2018 report by Arcview and BDS Analytics, California is the largest cannabis market in not only North America but the entire world. The state, which legalized recreational marijuana in November 2016 and medical cannabis in 1996, realized cannabis sales worth $4.4 billion in 2020, even amid the coronavirus pandemic.
Despite the size of its legal cannabis market, a large percentage are using provisional licenses, and sales from the…
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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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