Long lines have been forming at Arizona’s medical marijuana dispensaries, but it’s not necessarily from a rush on sales during the coronavirus pandemic. Dispensaries, which remain open, are taking some extra precautions like limiting the number of customers inside at once. At Nature’s Medicines dispensary on McDowell Road, that meant dozens of patients waiting in […]
marijuana sales
Michigan recreational marijuana sales increase 34% in February, prices down slightly
Michigan’s recreational marijuana industry continued its steady ascent in February, based on the latest monthly statistical report released by the state Marijuana Regulatory Agency. Monthly recreational marijuana sales hit $14.8 million, a 34% increase over the nearly $9.8 million in January sales. The first full month of recreational sales, which began Dec. 1, logged $7 million […]
Boston’s first recreational marijuana dispensary will open Monday
Nearly 40 months since Massachusetts voted to legalize marijuana, Boston is getting its first recreational pot shop. Pure Oasis, an adult-use marijuana dispensary located in the Grove Hall neighborhood of Dorchester, announced that it plans to open Monday at 11 a.m., after the state’s Cannabis Control Commission issued the store a commence operations notice Thursday […]
Illinois recreational marijuana sales totaled $35M in February, a decline from January
Recreational marijuana customers spent almost $35 million at Illinois dispensaries in February, a decline from the previous month, but an industry analyst said the market still holds promise. In January, recreational weed sales totaled more than $39.2 million, one of the strongest showings among states that have legalized marijuana. With two fewer shopping days than January, February […]
Maine now expects retail marijuana stores won’t be open until June
Maine pushes the target date for adult-use marijuana sales back by 3 months, and lowers its projected sales tax revenue for the fiscal year that ends June 30. Maine is planning to have its first recreational marijuana shops open in June, three months later than expected. State budget forecasters are banking on a robust kickoff, […]
Vermont House backs legal market for marijuana sales
The Vermont House on Wednesday approved a bill that would establish a legal market for marijuana in Vermont and clear the way for dispensaries to open up shop in the state as soon as 2022. The bill mandates a 20% tax, gives a head-start on retail sales to current medical marijuna dispensaries and allows saliva […]
Canada’s Marijuana Sales Topped $110 Million in a Month for the First Time
One year ago, marijuana stocks were about the hottest investment on Wall Street. Today, they’re considered an investment that some wouldn’t touch with a 10-foot pole. The expectation had long been that Canadian pot sales would skyrocket as soon adult-use weed received the green light in licensed dispensaries. Unfortunately, things didn’t go as planned, with […]
Colorado marijuana sales hit a record $1.75 billion in 2019
Last year was the most lucrative 12 months for cannabis sales in Colorado since the state’s voters legalized recreational marijuana. Medical and recreational cannabis sales hit a record $1.75 billion in 2019, up 13% from 2018, according to data from the Department of Revenue’s Marijuana Enforcement Division. Marijuana tax collections also hit an all-time high, at more than […]
Michigan medical marijuana stores halt sales due to computer glitch
Michigan medical marijuana dispensaries were unable to complete sales Tuesday, Feb. 18, due to a malfunction with the statewide tracking and monitoring computer system. The “patient lookup is down,” Marijuana Regulatory Agency spokesman Matthew Erickson confirmed Tuesday night. “We are working with Metrc to remedy the problem.” The problem doesn’t appear to have impacted recreational […]
Let’s be blunt, Idaho. You’re buying a lot of marijuana in Oregon, and it shows
Idahoans are supporting Oregon’s economy in a major way: It’s where they’re buying marijuana, because it’s legal there but not here. “In things you cannot make up, Oregon sales per adult along the Idaho border are 420% the statewide average,” wrote Josh Lehner in a report released Friday by the Oregon Office of Economic Analysis. It’s […]
