It can be argued that the high taxes are well-intentioned, signaling support for an inclusive cannabis market.

Due to ongoing federal prohibition, America’s cannabis regulations remain fragmented by state. Until reform occurs, states will continue to set their program frameworks, including how it taxes the supply chain, with consumers feeling the brunt directly by taxes or indirectly by retailers up-charging to offset costs.

Sales of marijuana concentrates shot up more than 40 percent last year and accounted for a larger share of the overall cannabis market, as consumers became more comfortable with the intricate process of dabbing and new technology has made the products easier to use.

In addition, some consumers are moving away from vape products because of respiratory-related health concerns and turning to concentrates such as wax, hash and shatter, according to industry insiders.

As states report cannabis sales numbers for 2020, record highs continue across the country. It’s become a billion-dollar business for several states, blowing out levels that states had estimated when originally planning legalization.

Holiday festivities have been curtailed by the global resurgence of the COVID-19 pandemic, and its unprecedented social and economic effects. During this turbulent season, cannabis companies all over North America continue to do what they can to support local charities and populations in need.

So, let this 2020 holiday season be lit with the warmth of giving. Here’s a short list of holiday fundraising activities led by cannabis industry members, bringing happiness and help to so many for the season as we all look forward to a new year in 2021:

From January to the end of September, Nevada's cannabis dispensaries made more than $588 million in sales.

That's according to a new report by the Nevada Dispensary Association. The industry group that represents cannabis sellers in Nevada said over last year, they have recorded a 14% increase in sales. In September alone, Nevada dispensaries reported $82.6 million in sales — a 43% increase over the same month last year.

September is the latest month that data is available.

Nevada voters legalized recreational marijuana in 2016. The state puts a 15% excise tax on wholesale sales, then a 10% tax on recreational sales to consumers. According to Nevada's Department of Taxation, the state took in nearly $37 million from July through September.

Starting a cannabis business in the US takes a lot of planning, effort, and patience.

However, it’s doable if you choose the best US state for such a business.

According to some of the most recent statistics, the cannabis industry is among the fastest-growing industries globally.

Therefore, it’s a perfect time to start this type of business.

Cannabis state laws are becoming increasingly lenient, while the demand for recreational and medical cannabis has never been higher.

The best way to see just how great a cannabis business can be, take a look at the Toronto Cannabis Dispensary. 

If you want to start your cannabis dispensary, here are the ten best US states for such a business.

Starting a cannabis business in the US takes a lot of planning, effort, and patience.

However, it’s doable if you choose the best US state for such a business.

According to some of the most recent statistics, the cannabis industry is among the fastest-growing industries globally.

Therefore, it’s a perfect time to start this type of business.

The means of commercially producing, selling, and profiting from cannabis are, so far, incredibly concentrated in the hands of white business owners.

Introduction to social equity

Let’s get one thing straight — the world needs cannabis. Even as far back as 485 BC (just about 1,500 years ago), Greek historian Herodotus described the pot- smoking rituals of ancient Scythians.

In China, archaeologists uncovered evidence of cannabis use dating back 2,500 years. When considered in this light, cannabis is a human right — and a sacred one at that.

What does all of this have to do with social equity in the cannabis industry here and now?

Hemp uses less water than many other crops, and its uses and popularity are growing. As a result, there is increasing interest in growing hemp in Nevada. University of Nevada, Reno Extension is now researching hemp varieties and best practices for growing it in Nevada, and offering online classes on the research findings.

The work is being led by M.L. Robinson, an associate professor and horticulture specialist with Extension, with help from Extension’s Marysia Morawska, Lauren McGue and Master Gardener volunteers.

Hemp is currently being grown many places throughout the United States, primarily for CBD, which is used in topical oils and creams, among its many other uses.