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→
‘Things are changing and things are good’: Adult-use cannabis sales start in Vermont October 3, 2022 AggregatedNews Vermont 0 Comments Bryan Menard didn’t wait for the sun to tell him when to get up Saturday. By 6:30 a.m. the Burlington resident was at the head of a line outside the Ceres Collaborative store on College Street, preparing to be the shop’s first… Read More→
Colorado medical marijuana sales spiral down as industry suffers September 27, 2022 AggregatedNews Colorado 0 Comments Julie Richardson moved to Colorado from Louisiana in 2015, specifically to get the quality of cannabis-derived medicines obtainable here — but which were unavailable or too expensive back home. Now, Richardson, who suffered a spinal injury when she was 6 months… Read More→
Minnesota medical marijuana company sues state, seeks to sell some of its edibles on open market September 20, 2022 AggregatedNews Minnesota 0 Comments Minnesota's new hemp-derived THC edible law is facing its first major legal challenge from one of the state's medical cannabis companies, which claims it should be able to sell its "chemically identical" marijuana edibles on the open market. The lawsuit filed by… Read More→
Marijuana sales in Colorado off by $72M over pandemic high September 14, 2022 AggregatedNews Colorado 0 Comments The waning of the pandemic, along with a decline in demand from customers coming in from out of state, has continued to burn into Colorado’s marijuana market this summer, during what are generally some of the strongest months for pot… Read More→
Why weed companies can’t make any money September 5, 2022 AggregatedNews Federal 1 Comment It’s not easy selling weed. The legal marijuana business is booming — revenues are projected to hit $32 billion this year, more than double what sales were just three years ago. They’re projected to double again in the next six years,… Read More→
‘There’s a real attack on the industry’: Medical marijuana sales continue to drop in Colorado September 5, 2022 AggregatedNews Colorado 0 Comments Colorado’s Department of Revenue says medical marijuana sales are continuing to drop. Experts are worried about people with health conditions having access to the treatment they need. They say patients are paying more in taxes for similar products at recreational… Read More→
With recreational cannabis sales soaring, Arizona’s medical marijuana industry is struggling to adapt August 30, 2022 AggregatedNews Arizona 0 Comments Arizona’s commercial marijuana market has gone through a seismic shift since 2021 began. Adult-use and recreational sales have overtaken medical marijuana, as cardholders abandon certifications and established businesses wrestle with the need to change with the times. Throughout 2022, the Arizona… Read More→
Recreational marijuana sales soar over medical marijuana in Arizona August 25, 2022 AggregatedNews Arizona 0 Comments It looks like recreational marijuana use is big bucks for Arizona. Medical marijuana usage plummeted as recreational use soars to a new high. According to the Arizona Department of Revenue (ADOR), adult-use (recreational) marijuana sales rose over $58.2 million in June.… Read More→
Colorado marijuana sales decline to $146M in June August 11, 2022 AggregatedNews Colorado 0 Comments Marijuana sales in Colorado continued to decline in June and totaled just $146 million, according to the Colorado Department of Revenue. The total represents a less than 1 percent decline from May and a nearly 22 percent decline from June 2021. So far… Read More→
Oklahoma will stop granting licenses to grow, sell marijuana August 1, 2022 AggregatedNews Oklahoma 0 Comments Oklahoma will stop giving out new licenses to grow, sell, or process marijuana at the end of August. The moratorium was supposed to start Monday, but the application deadline was extended at the last minute. The Oklahoma Medical Marijuana Authority… Read More→
Recreational marijuana sales remain steady as medical sales plummet in Arizona July 12, 2022 AggregatedNews Arizona 0 Comments Cannabis sales in Arizona continue to be robust overall, thanks to the continued explosion of recreational sales. But as adult-use recreational sales are increasing, medical marijuana totals are in a free-fall that began last year. The Arizona Department of Revenue… Read More→
Marijuana has been legal in CT for a year, but still not for sale: ‘They still have a lot to do’ July 1, 2022 AggregatedNews Connecticut 0 Comments A full year into Connecticut’s legalization of adult-use cannabis, the state has yet to reap a single tax dollar from sales of recreational marijuana. But while the rollout has been slightly bumpy, with the General Assembly passing a law this… Read More→
Maine’s marijuana industry booming no thanks to banks June 27, 2022 AggregatedNews Maine 0 Comments The cannabis industry in Maine is a big money-maker, make no mistake about it. In 2020, Maine’s medical marijuana industry generated $266 million in sales, according to Maine Revenue Services, surpassing sales in the state’s traditional leading cash crops of… Read More→
New Jersey legalized recreational marijuana in April. Cannabis companies were soon fined for not catering to medical patients June 24, 2022 AggregatedNews New Jersey 0 Comments New Jersey fined some of the U.S,’s largest marijuana companies for violating rules put in place when the state started sales of recreational pot in April. Curaleaf Holdings Inc. and four other dispensaries with locations in New Jersey processed almost 3,200 recreational… Read More→