Wisconsin residents spent estimated millions of dollars buying weed in Illinois last year March 17, 2023 AggregatedNews Illinois, Wisconsin 0 Comments Wisconsin residents are choosing to spend their hard-earned cash in Illinois, specifically on weed. The Illinois Department of Financial and Professional Regulation estimates the state made $36.1 million in tax revenue last year from Wisconsinites traveling across state lines to… Read More→
Arkansas medical marijuana sales higher in February and January March 13, 2023 AggregatedNews Arkansas 0 Comments Arkansas medical marijuana dispensaries' sales for January and February were higher for the beginning of 2023 compared to 2022, as revenues from taxes grew. Scott Hardin, spokesman for the Arkansas Department of Finance Administration, reported the amounts of medical marijuana… Read More→
It’s been one month since Missouri legalized recreational weed. Here’s how it’s going March 6, 2023 AggregatedNews Missouri 0 Comments It’s been one month since Missouri began approving licenses for dispensaries to sell recreational marijuana Feb. 3. In less than 30 days, Missouri’s nearly 200 dispensaries made about $103 million in weed sales – nearly $72 million of that came from recreational sales. According… Read More→
Arizonans spent more than $1.4 billion on marijuana in 2022, driven by recreational sales February 23, 2023 AggregatedNews Arizona 0 Comments Total Arizona marijuana sales in 2022 mirrored the total from 2021, the first year of the legal adult use market, but the paths that each year reached $1.4 billion in sales were strikingly different. In 2021, medical marijuana sales were the… Read More→
How much tax will you have to pay on legal pot purchases? Missouri is still deciding. February 13, 2023 AggregatedNews Missouri 0 Comments A legal fight over how much tax can be collected on marijuana sales is brewing between county leaders, the pot industry and the state of Missouri. When Missourians voted to legalize recreational marijuana, they also legalized taxing it. Counties want… Read More→
After strong first weekend, Missouri’s recreational marijuana sellers are planning ahead February 9, 2023 AggregatedNews Missouri 0 Comments In the first weekend of recreational cannabis sales in the state, Missourians spent more than $12 million on both recreational and medical products. The strong sales were despite many operators being caught by surprise; the opening of recreational sales came a… Read More→
Colorado marijuana sales tank in 2022 after pandemic-induced high February 6, 2023 AggregatedNews Colorado 0 Comments Following a pandemic "high,” Colorado marijuana sales have been plummeting for months. Sales skyrocketed for the marijuana industry in the beginning of 2022, a trend that began at the onset of the COVID-19 pandemic. Now, marijuana industry officials are seeing… Read More→
Recreational marijuana sales will begin on Friday in Missouri February 2, 2023 AggregatedNews Missouri 0 Comments The Missouri Department of Health and Senior Services emailed dispensaries across the state Thursday afternoon to announce it will award comprehensive licenses on Friday, the last step before dispensaries can sell adult-use marijuana. "In order to ensure all systems and… Read More→
Welcome to the cannabis crunch: Mass. marijuana industry braces for turbulent 2023 January 17, 2023 AggregatedNews Massachusetts 0 Comments The Massachusetts marijuana industry is on the verge of an impressive milestone: $4 billion in revenue since recreational sales began in November 2018, a total that has also netted state and local governments hundreds of millions of dollars in taxes.… Read More→
‘Sales plummet’ for recreational and medical marijuana in Colorado January 15, 2023 AggregatedNews Colorado 0 Comments Colorado saw an almost $100 million decline in marijuana tax revenue last year, and an industry trade group said on Friday that the drop is resulting in struggles for small-business owners. The Marijuana Industry Group (MIG) cited sales numbers released Wednesday by… Read More→
CT retail cannabis sales set to begin Tuesday: ‘There’s going to be lines’ January 9, 2023 AggregatedNews Connecticut 0 Comments Connecticut’s first recreational cannabis retail shops will open Tuesday morning – a long awaited milestone in the state’s effort to decriminalize the drug and create an equitable legal market. State officials gave permission to nine existing medical cannabis dispensaries to… Read More→
Rhode Island to open 6th marijuana dispensary: Here’s how much pot was sold in December December 20, 2022 AggregatedNews Rhode Island 0 Comments Recreational marijuana users and medical patients now have a South County dispensary to patronize. Plant Based Compassionate Care, Inc., doing business as Sweetspot Dispensary, will open the state’s sixth retail marijuana dispensary on Tuesday, at 560 South County Trail, in… Read More→
Marijuana industry sales slow down after pandemic surge December 9, 2022 AggregatedNews Retail 0 Comments After enjoying a sales surge during the pandemic, the U.S. cannabis industry is showing signs of a slowdown as it faces economic and regulatory challenges and people choose to spend their money elsewhere. In states with established marijuana markets such… Read More→
How did Rhode Island’s first day of retail marijuana sales go? Pretty mellow. December 2, 2022 AggregatedNews Rhode Island 0 Comments The first day of legal weed sales in Rhode Island Thursday was, well, mellow – punctuated by a 96-year-old war veteran buying a pot cookie to have with his coffee and a state senator picking up some cannabis-infused stocking-stuffers for… Read More→
RI dispensaries start to sell recreational pot: Everything you need to know November 29, 2022 AggregatedNews Rhode Island 0 Comments Rhode Island has licensed five of its six operating medical marijuana dispensaries to begin selling the drug for recreational use as well starting Dec. 1, when the state’s legalization goes into effect. The newest of those five businesses opened for… Read More→