Twitter: surprise move on US cannabis advertising | Georgia: medical cannabis oil 'in weeks'

Twitter: surprise move on US cannabis advertising | Georgia: medical cannabis oil 'in weeks'

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This week's stories:

  • Cannabis company and liquor retailer, SNDL Inc., had a record net revenue of $240.4 million in Q4 – 4% higher than in the previous quarter and more than 10x its Q4 2021 sales, reports Fintel.
  • According to New Cannabis Ventures, total sales throughout 2022 were up 17.9% to $4.52bn, and have increased by 13.5% so far in 2023 despite February’s dip.
  • As Forbes reports, the Governor John Carney announced on Friday (April 21) that while his view that the full legalization of recreational cannabis was not a step in the right direction had not changed, ‘it’s time to move on’.
  • Two state senators in Louisiana have said a recently passed bill to roll back the limit of THC that can be contained in consumable hemp products saw the Legislature ‘unknowingly create a recreational THC market’.

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About Cannabis Daily.

Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.

Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.

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