CBD awareness is going up, but this is not reflected in sales, says Brightfield Group

According to Brightfield Group (see infographic below), in Q4 of 2020, cannabidiol (CBD) experienced an increase in awareness. In Q3, only four brands had at least 20% consumer awareness, which increased to 14 brands in Q4, with nearly all the top CBD brands in the U.S. having over 10% awareness. However, despite the increase in awareness, purchasing and loyalty have […]

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A Top Cannabis Executive Says This Is When U.S. Marijuana Companies Will Likely Trade on Major Exchanges | The Motley Fool

If you want to invest in a multistate cannabis operator, the only way you can do so is by going outside of the major exchanges, where listing rules allow them to trade. Marijuana remains illegal at the federal level in the U.S., which prevents companies like Curaleaf Holdings (OTC:CURLF) and Trulieve Cannabis (OTC:TCNNF) from listing on either the New York Stock […]

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Potential Changes At NJ’s Cannabis Commission May Pose New Stumbling Block To Legalization – Gothamist

Nearly a month after Governor Phil Murphy signed laws legalizing cannabis for sale in New Jersey, the commission in charge of ushering in the new industry has yet to be officially created, possibly delaying when marijuana can legally be sold in the Garden State. Sources say the reason for the hold-up is because the governor’s office is grappling with a […]

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