Illinois marijuana shops sold almost $61 million in recreational weed in July, beating the previous record set in June by $13.4 million. In all, dispensaries have sold about $300.1 million in recreational marijuana since sales started in Illinois Jan. 1. The sales figures have set new records every month since May. July’s sales were a 75% increase […]
marijuana sales
Thailand plans to widen medical marijuana production
Thailand’s cabinet approved amendments on Tuesday to its narcotics act to allow private production and sale of marijuana for medical use, officials said With a tradition of using the leaf to relieve pain and fatigue, Thailand became the first Southeast Asian nation to legalise marijuana in 2017 for medical use and research, but only the […]
Maine predicts 1st recreational cannabis sales by end of year
Mainers should be able to buy legal recreational marijuana by the end of the year. The state Office of Marijuana Policy delayed its planned June launch of the adult-use market because of the COVID-19 pandemic but now expects to allow the first wave of recreational marijuana testing labs, grow facilities and manufacturing labs to open by the […]
New Mexico medical marijuana industry booming during pandemic
The medical cannabis industry is booming in New Mexico. The industry says the effects of COVID have dramatically increased demand and they’re trying to keep up. “What we learned was it wasn’t just a New Mexico thing, in fact, the number of transactions have doubled in New Mexico, prices have gone up and the supply is pretty […]
Ohio medical marijuana sales are climbing slowly month over month
With patient rolls slowly ticking up and state regulators revamping calculations for the 90-day supply purchase limits in April, average weekly sales of medical marijuana in Ohio are trending up. The Ohio marijuana industry is still operating short of its potential, though. While 51 of 57 provisionally licensed dispensaries have opened, just 20 of 33 […]
Higher than expected: Illinois’ $52.8M take from marijuana sales exceeds what state projected
Illinois collected almost $52.8 million in tax revenue during the first six months of recreational marijuana sales, marking a bright spot among the state’s pandemic-scarred finances. Recreational marijuana sales have continued to rise throughout the pandemic, while many other retailers saw sales drop off. Dispensaries set a monthly record in June, when they sold $47.6 million worth of […]
You Know What Else Has Sold Well During the Pandemic? Weed Edibles
Ben Emerson had never tried cannabis edibles before his birthday in April. He was raised in the Evangelical Presbyterian Church, which he left five years ago, and marijuana was “this thing that I had never really even thought that I was allowed to do,” he said. “And then I’m like, ‘Wait, I can actually make […]
$133M of medical pot sold in 1st year as pandemic legitimized industry in Ohio
The coronavirus pandemic has wreaked havoc on the state’s economy, but those in the medical marijuana industry say the virus legitimized the fledgling program in Ohio. The medical marijuana program, which is run by the Ohio Board of Pharmacy and the Commerce Department, was fully functional in April 2019. Sales have significantly increased over the […]
Day of reckoning could loom for some medical marijuana license holders in Oklahoma
Chris McAlvain and Matt Blackwood were going by the books on their first crop — especially with their combined savings on the line. They did their research, paid for their license, bought their equipment and cured their harvest for 40 days, three weeks past the minimum recommendation. The founders of Green Sky Pharms, located 45 […]
Another record month for medical marijuana sales in Oklahoma
Oklahoma’s medical marijuana industry continues to break sales records. Dispensaries remitted nearly $5.1 million via the state’s 7% tax on cannabis, meaning customers spent approximately $73.8 million on medical marijuana in April, according to data released by state tax officials.. It’s the fourth month in a row sales increased compared with the previous month, a […]
