Michigan local governments getting $87 million from marijuana sales March 1, 2024 AggregatedNews Michigan 0 Comments Michigan municipalities with recreational marijuana businesses are getting more than $87 million in payouts this week from taxes on marijuana purchases as sales continue to grow. According to the Michigan Department of Treasury, 71 counties and 198 cities, townships and… Read More→
Massachusetts breaks record for marijuana sales, for the 6th year in a row February 7, 2024 AggregatedNews Massachusetts 0 Comments Massachusetts set a new record for marijuana purchases in 2023, with December capping the year off as the best-ever sales month, the Cannabis Control Commission (CCC) said in a press release Tuesday. Adult-use marijuana establishments in the state grossed more than $1.56… Read More→
High times for Illinois pot industry as annual recreational sales top $1.6 billion January 11, 2024 AggregatedNews Illinois 0 Comments Illinois pot shops sold more than $1.6 billion worth of recreational marijuana in 2023, the latest record year for the state’s budding industry. That’s a 5% increase from licensed adult-use cannabis sales in 2022, according to figures released Thursday by the Illinois… Read More→
Adults can now legally possess and grow marijuana in Ohio — but there’s nowhere to buy it December 11, 2023 AggregatedNews Ohio 1 Comment Ohioans woke up Thursday in a land of limbo for recreational marijuana use: Adults can now legally grow and possess cannabis at home, but cannot legally buy it. On Wednesday night, Republican Gov. Mike DeWine urged lawmakers to quickly set… Read More→
Adams Announces New Crackdown on Illegal Pot Shops’ Landlords in New York November 29, 2023 AggregatedNews New York 0 Comments Mayor Eric Adams took another swing at taking down the city’s thousands of illegal marijuana shops Monday by threatening landlords and building owners who rent to them, in what City Hall said was ”a new front in the Adams administration’s… Read More→
Arizona is oversupplied with marijuana as brands seek shrinking shelf space in dispensaries November 3, 2023 AggregatedNews Arizona 0 Comments When marijuana was outlawed in Arizona, smoking the plant’s flower was the primary way to feel its effects. Now adults and medical patients can instead choose vape pens, gummies and even beverages. Machinery filled and sealed a long line of… Read More→
Denver hit $500 million in marijuana tax revenue. So where does the money go? October 31, 2023 AggregatedNews Colorado 0 Comments Every time someone lights up a joint in Denver, the city government gets a couple cents in tax revenue. It turns out people have been busy; The city just passed half a billion dollars in taxes collected from legal marijuana.… Read More→
CT cannabis sales pass $25 million in September; recreational use hits $14 million October 11, 2023 AggregatedNews Connecticut 0 Comments Sales of cannabis in Connecticut passed $25 million in September for the first time, the Department of Consumer Protection said Tuesday. According to preliminary data, sales of adult-use marijuana, also known as recreational cannabis, totaled $14.39 million in September, while… Read More→
Georgia will be 1st state to allow pharmacies to sell medical marijuana October 9, 2023 AggregatedNews Georgia 0 Comments Georgia soon will become the first state in the nation to offer medical marijuana products at independent pharmacies, state officials said. The Georgia Board of Pharmacy began accepting applications this week, and nearly 120 pharmacies have agreed to provide medication… Read More→
NY’s legal weed sales aren’t raking in cash as predicted. How much has sold so far? August 3, 2023 AggregatedNews New York, Uncategorized 0 Comments As New York cracked down on unlicensed cannabis shops, sales of legal marijuana grew to reach a total of $33 million during the industry’s first six months, state records show. But the legal cannabis marketplace, which launched in January, remains far… Read More→
Uruguay Marks 6 Years Of Marijuana Sales, With 10.7 Million Grams Sold July 28, 2023 AggregatedNews Uruguay 0 Comments Uruguay, the world's pioneering country to legalize adult-use marijuana in 2013, began its sales four years later in 2017. Over the course of six years, pharmacies sold 10.7 million grams of marijuana. On the occasion of the sixth anniversary since… Read More→
Buying time, Minnesota cities temporarily ban cannabis sales July 24, 2023 AggregatedNews Minnesota 0 Comments Rochester is poised to join a growing number of Minnesota cities adopting ordinances that temporarily prohibit retail sales of cannabis until state regulations are sorted out. If approved by the Rochester City Council, the prohibition would last until January 2025.… Read More→
N.Y. regulators set to allow pot sales at fairs, festivals, concerts July 19, 2023 AggregatedNews New York 2 Comments The state Cannabis Control Board is poised to pass a measure Wednesday that would temporarily allow marijuana industry stakeholders to sell stockpiled crops at venues such as fairs, festivals, concerts and other events. The emergency measure is intended, in part,… Read More→
Colorado Marijuana Industry on Pace for Another Annual Dip in 2023 July 17, 2023 AggregatedNews Colorado 1 Comment Colorado dispensaries will collect less money in 2023 than they did last year, according to sales projections based on state Department of Revenue data. Through the first five months of 2023, Colorado saw just over $651 million in marijuana sales,… Read More→
New Mexico revokes license of local marijuana retailer for selling cannabis from California July 14, 2023 AggregatedNews New Mexico 1 Comment New Mexico has revoked the license of a marijuana retailer in Albuquerque for selling out-of-state cannabis in violation of state law, the state cannabis control division announced Thursday. Regulators allege that the Paradise Exotics Distro cannabis store on a central… Read More→