by adminTorusBrand | Jun 26, 2017 | Business
[vc_row][vc_column][vc_column_text] Florida Gov. Rick Scott signed into law a bill that allows universities to cultivate hemp for research pilot projects. Florida is the latest state to pass legislation allowing for the growing of hemp. Gov. Rick Scott earlier this...
by adminTorusBrand | Jun 23, 2017 | Business
[vc_row][vc_column][vc_column_text] Worries over a potential crack down on the marijuana industry caused the nonprofit cannabis advocacy organization to lose its decades-long relationship with PNC Bank. After 22 years of providing banking service, PNC Bank closed...
by adminTorusBrand | Jun 21, 2017 | Business
[vc_row][vc_column][vc_column_text] A new study projects that California’s looming recreational marijuana market will generate $5 billion in annual sales. California’s soon-to-be-operational recreational marijuana market will pull in more than $5 billion in annual...
by adminTorusBrand | Jun 21, 2017 | Business
[vc_row][vc_column][vc_column_text] Colorado pulled in more than $125 million in total recreational and medical marijuana sales during April. Marijuana sales in Colorado have now topped $100 million for the 11th month in a row. According to recently published taxes...
by adminTorusBrand | Jun 20, 2017 | Business
[vc_row][vc_column][vc_column_text] A new market research report projects that the U.S. cannabis industry will make an economic impact of nearly $70 billion by 2021. The U.S. cannabis industry will make an estimated $68.4 billion impact on the American economy by...
by adminTorusBrand | Jun 19, 2017 | Business
[vc_row][vc_column][vc_column_text] An Oregon state economist believes that Oregon’s cannabis sales could rival those of Colorado’s in a couple of years. A new report prepared by Oregon state economist Josh Lehner projects that the Oregon cannabis market will pull in...
