THC potency was over-labeled in a significant percentage of the herbal cannabis products. By contrast, most (96 percent) concentrates were accurately labeled.
Topic: Marijuana Business
Most consumers say that their cannabis use positively impacts their lives, with participants reporting improved emotional, mental, and physical health.
Alcohol sales experienced historic declines while retail cannabis sales increased over ten percent, according to data provided by the Canadian government.
The results are not official until the Canvass Board certifies the vote count next Tuesday.
Nonetheless, fewer than ten percent of all financial institutions nationwide currently provide services to state-licensed cannabis businesses.
The law stipulates that banks and other financial institutions “are not subject to prosecution [for] providing lawful services to licensed businesses engaged in the production, distribution and sale of cannabis.”
States that have legalized the sale of cannabis for either medical or adult-use have collected more than $8.7 billion in marijuana-related taxes since 2021.
Seventy-seven percent of respondents said that they obtained “all” or “most” of their cannabis-related products from authorized retailers.