Despite supply hurdles, Missouri posts second strong month of recreational cannabis sales April 10, 2023 AggregatedNews Missouri 0 Comments Missouri dispensaries sold a little more than $126 million in recreational and medical marijuana in March, eclipsing the $103 million figure the state posted in February. March’s numbers break down to $93.5 million in adult-use cannabis sales and $32.7 million… Read More→
One toke over the (state) line for Arkansas April 7, 2023 Kyle Meagher Arkansas, Missouri 0 Comments When Missouri voters legalized recreational marijuana in November (and Arkansas voters rejected a similar measure), it was only a matter of time until the results began to impact dispensaries in North Arkansas. An executive with one dispensary near the border… Read More→
Despite increased demand, marijuana experts not concerned about shortages in Missouri April 4, 2023 AggregatedNews Missouri 0 Comments Even with the demand for recreational marijuana exceeding expectations, experts say Missouri customers don’t need to worry about major shortages or price hikes for now. Andrew Mullins, executive director of the Missouri Cannabis Trade Association, also known as MoCann Trade,… Read More→
First-year sales of recreational marijuana reach $300 million in New Mexico April 4, 2023 AggregatedNews New Mexico 0 Comments It’s been a year since cash registers first started ringing up sales of adult-use recreational marijuana in New Mexico. They haven’t stopped. Commercial sales of recreational cannabis topped more than $300 million in their first year, generating more than $27… Read More→
Missouri weed prices are about to go up. How high? That depends whom you ask March 29, 2023 AggregatedNews Missouri 0 Comments In February, the first month that recreational marijuana could legally be sold in Missouri, sales hit $103 million — well above what many industry observers predicted. That’s good news for the marijuana business. For consumers, it could be more of… Read More→
NJ has some of the most expensive legal weed in the country. Here’s why March 27, 2023 AggregatedNews New Jersey 0 Comments Assume, for a moment, you want to get high. And you want to do it on the cheap. For around $300, you can drive to Massachusetts, pick up an ounce (about $200), and drive back. For $450, you can even… Read More→
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→
5 things to know about Md.’s marijuana bills halfway through session March 16, 2023 AggregatedNews Maryland 0 Comments As the General Assembly enters the final weeks of its 90-day session, here’s how the debate to prop up a legal cannabis market is shaping up. Work on the bill began last summer with several key members of the House… Read More→
Oregon marijuana prices hit record lows; market at ‘weakest economic position’ March 13, 2023 AggregatedNews Oregon 0 Comments Oregon marijuana prices are at an all-time low. Median retail prices fell to $4 a gram at the start of 2023, according to state regulators, off 16% from a year earlier. Last year’s decline continues a long downward trajectory that… 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→
Unlicensed Pot Shops Still Selling Weed Following NYPD Shutdown Actions March 4, 2023 AggregatedNews New York 0 Comments Mayor Eric Adams had firm words on Feb. 7 for the operators of smoke shops selling cannabis illegally just as New York’s first legal pot shops were getting business underway. “We wanted to let them know that we’re not going… 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 2022Â 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→
As Missouri marijuana businesses cash in, small Black-owned shops are stuck in limbo February 20, 2023 AggregatedNews Missouri 0 Comments When Missouri allowed the first dispensaries to begin selling marijuana earlier this month, Andrew McDowell was frustrated. Although he was happy for his community to finally have access to recreational weed, his Black-owned smoke shop in Raytown still can’t sell… Read More→
Virginia Gov. Youngkin won’t commit to legalizing retail cannabis while in office February 17, 2023 AggregatedNews Virginia 0 Comments Gov. Glenn Youngkin said on Thursday it’s up to lawmakers to resolve an impasse over recreational cannabis sales and declined to say whether he’d ever sign legislation related to the issue during his tenure. His comments come after the administration spoke out… Read More→
CT cannabis customers were surprised by prices. We analyzed the cost vs other states January 13, 2023 AggregatedNews Connecticut 0 Comments Prices at Connecticut’s newly-opened cannabis recreational dispensaries are higher than prices at dispensaries in surrounding states, according to a CT Insider analysis of data. On the first day of legal cannabis sales here, many customers took to social media to decry what… Read More→