Cannabis Law Report

AUGUST 25, 2021

Seyfarth Synopsis: In the first six months of 2021, several states legalized marijuana for recreational and medicinal purposes, including New York, New Jersey, Virginia, and New Mexico. On June 22, 2021, Connecticut Governor Ned Lamont signed a bill that legalized recreational marijuana use by adults 21 years and older.

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Cannabis Law Report

JUNE 5, 2021

Idaho activists have filed a new measure to legalize marijuana possession for adults that they hope to place before voters on the 2022 ballot. Meanwhile, a separate campaign to legalize medical cannabis in the state is also underway, with advocates actively collecting signatures to qualify that measure. Read full report at .

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Cannabis Law Report

JUNE 24, 2021

Connecticut has become the 19 th state to legalize recreational marijuana use by adults. Connecticut will permit individuals 21 years of age and older to possess and use recreational cannabis. Governor Ned Lamont signed the Act Concerning Responsible and Equitable Regulation of Adult-use Cannabis on June 22, 2021.

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Illinois News Joint

DECEMBER 4, 2023

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for November, which set a new record for in-state resident sales at $105,457,293.74, breaking September 2023’s previous record of $105,071,931.58. For comparison, December 2022 totals reached $143,899,826.30.

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Illinois News Joint

JANUARY 10, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for December. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 billion in 2023. in December.

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Illinois News Joint

AUGUST 3, 2023

The Illinois Department of Financial and Professional Regulation today announced recreational cannabis sales totals for July. July recreational sales totals reached $140,048,722.23. Since legalization, July 2023 sales totals only trail December 2022 totals of $143,899,826.30. These figures do not include taxes collected.

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Veriheal

OCTOBER 7, 2021

Activists in the state have finalized language for two cannabis ballot initiatives that they hope to place in front of the state’s voters in 2022, contingent on gathering at least 177,958 valid signatures from registered voters on each initiative. The first ballot initiative aims to legalize adult-use, or recreational, cannabis.

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Illinois News Joint

JULY 3, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for June 2024. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 February: $135,571,931.44

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Illinois News Joint

OCTOBER 2, 2023

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for September. was the third highest since recreational sales began. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. February: $120,488,569.91

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Cannabis Law Report

JUNE 2, 2021

When Michigan voters legalized recreational marijuana in 2018, they mandated that “until 2022 or for at least two years” $20 million in marijuana tax revenue should go to research. Government revenue collected in recreational marijuana excise taxes totaled $31 million in fiscal year 2020. Between Dec. Read more at.

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Illinois News Joint

MARCH 2, 2023

Illinois Department of Financial and Professional Regulation today announced Illinois’ February 2023 recreational sales totals. was the lowest since February 2022 totals of $113,993,046.06. Dispensaries sold 2,911,925 total items in February, which were also the lowest since the February 2022 totals of 2,586,830.

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Illinois News Joint

NOVEMBER 2, 2023

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for October. kept Illinois’ monthly sales totals on track in 2023 to eclipse the 2022 yearly totals of $1,552,324,820.37. 2022 total monthly sales include: January: $117,251,759.72 February: $120,488,569.91

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Illinois News Joint

JULY 11, 2023

The Illinois Department of Financial and Professional Regulation today announced recreational cannabis sales totals for June 2023. June sales totals were the third-most monthly sales since recreational-use legalization began. in total June sales, only behind December 2022’s $143,899,826.30 Illinois recorded $136,408,322.07

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Illinois News Joint

APRIL 17, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for March 2024. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 February: $135,571,931.44

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Illinois News Joint

APRIL 5, 2023

Illinois Department of Financial and Professional Regulation announced Illinois’ March 2023 recreational cannabis sales totals. The March 2023 totals received a significant bounce from previous months and March 2022 totals. and almost $4 million more than March 2022 totals of $130,960,120.66. was more than $14.3

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Illinois News Joint

FEBRUARY 2, 2023

Illinois Department of Financial and Professional Regulation announced Illinois’ January 2023 recreational sales totals today. In comparison, the January 2022 sales total reached $117,251,759.72, while the 2021 January totals finished at $88,813,872.78. The 2022 sales totals of $1,552,324,820.37 February: $113,993,046.06

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Illinois News Joint

MAY 2, 2023

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for April 2023. Since March 2022 to the end of that year, the out-of-state resident sales totals hovered around $40 million. 2022 total monthly sales include: January: $117,251,759.72 February: $120,488,569.91

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Illinois News Joint

JUNE 27, 2024

The Illinois Department of Financial and Professional Regulation finally announced today recreational cannabis sales totals for May 2024. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 March: $148,872,065.12

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Illinois News Joint

SEPTEMBER 5, 2023

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for August. and December 2022 totals of $143,899,826.30. August in-state resident sales set a new record at $104,940,014.62, outperforming July 2023 and December 2022 in-state resident totals. March: $134,790,381.77

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Illinois News Joint

FEBRUARY 8, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for January 2024. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 February: $120,488,569.91

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Collective Events Cannabis Dispensary 105

Illinois News Joint

MARCH 14, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for February 2024. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 February: $135,571,931.44

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Collective Events Cannabis Dispensary 105

Veriheal

SEPTEMBER 9, 2021

Collectively, the four aforementioned newly legal states are projected to earn $4.5 The growing number of states celebrating a victory for recreational cannabis indicates how governors and lawmakers are steering legalization in the right direction; as opposed to states merely relying on citizens to vote for legal cannabis. .

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Illinois News Joint

JUNE 2, 2024

The Illinois Department of Financial and Professional Regulation finally announced Friday recreational cannabis sales totals for April 2024. 2022 total monthly sales include: January: $117,251,759.72 These figures do not include taxes collected. 2022 total monthly sales include: January: $117,251,759.72 May: $132,777,299.46

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Cannabis Law Report

SEPTEMBER 10, 2022

Blomberg write… Exclusive documents obtained by Bloomberg under New Jersey’s Open Public Records Act show that the state cannabis regulatory commission issued citations to seven companies from January 2020 through mid-April 2022, when marijuana sales broadened from medical to recreational.

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Cannabis Law Report

AUGUST 18, 2021

As we previously reported , on February 22, 2021, New Jersey Governor Phil Murphy signed three separate cannabis reform bills into law ( NJ A21 , NJ A 1897 , and NJ A5342/NJ S3454 ), formally legalizing the use and possession of recreational marijuana in the Garden State. Connecticut.

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Veriheal

FEBRUARY 23, 2023

3, 2022, 37 states, three territories and the District of Columbia allow the medical use of cannabis products. 9, 2022, 21 states, two territories and the District of Columbia have enacted measures to regulate cannabis for adult non-medical use.” Flowhub says, “Nearly $3 billion in retail cannabis taxes were collected in 2022.”

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Cannabis Law Report

SEPTEMBER 23, 2022

A 13-member committee will study Alaska’s recreational marijuana taxes, fees and regulations. Mike Dunleavy (R) issued an executive order Wednesday establishing the Governor’s Advisory Task Force on Recreational Marijuana that will study the state’s seven-year-old marijuana industry. Alaskans approved recreational marijuana in 2014.

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Cannabis Law Report

SEPTEMBER 12, 2022

September 12, 2022. On May 25, 2022, Rhode Island Governor Daniel McKee signed “ The Rhode Island Cannabis Act ,” which grants adults aged 21 and older the right to possess and grow certain amounts of cannabis for recreational use. Retail sales are expected to begin as early as December 1, 2022. By Jennifer L.

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The Blunt Truth

JANUARY 5, 2022

On June 22, 2021, Connecticut legalized recreational marijuana use by adults 21 years and older. Although provisions relating to possession are effective now, the employment-related provisions are not effective until July 1, 2022. On April 12, 2021, New Mexico saw the legalization of recreational marijuana. Connecticut.

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Cannabis Law Report

JANUARY 12, 2022

A new law in Philadelphia that keeps employers from making people take pre-hire cannabis tests goes into effect starting in January 2022. However, the state does not allow adult-use recreational cannabis. The post Philadelphia Ban on Pre-Hire Cannabis Testing Starts in 2022 appeared first on Dispensaries.

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Cannabis Law Report

NOVEMBER 12, 2021

New Jersey’s Cannabis Regulatory Commission (CRC) held a public meeting on November 9, 2021 and released the 2021 Personal Use (Recreational) Notice of Application. License Applicants receiving bonus points for collective bargaining agreements, project labor agreements or residency. Diversely Owned Businesses Applicants.

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Veriheal

APRIL 14, 2023

The state offers both legal medical and adult-use recreational cannabis. Legal recreational sales kicked off in the state on Jan. Illinois Is Benefitting From Cannabis Revenue and Reform Since recreational cannabis launched in the state of Illinois in 2020, it has seen a very successful run. In 2022 Illinois sold over $1.5

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Cannabis Law Report

JULY 20, 2021

and certain of its affiliates (collectively, “Nature’s Remedy”), a vertically integrated single state operator in Massachusetts. Nature’s Remedy’s full year 2022 EBITDA.3. In November 2016, Massachusetts voters passed Question 4, officially legalizing recreational cannabis for individuals 21 years of age or older.

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Veriheal

SEPTEMBER 23, 2021

Current statistics from the Anthenum Collective show that more than 67% of Americans believe cannabis should be legal, and legal cannabis sales are expected to achieve a value of $73.6 billion a year or more, should Congress end federal prohibition in some form in 2022 as the BDSA predicts. billion by as early as 2027.

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Cannabis Law Report

JUNE 20, 2019

It brings Maine one major step closer to its first legal recreational sales, which regulators estimate could occur in March 2020 – after the state’s tracking and licensing systems are ready, marijuana businesses get state and local licenses and growers have product ready to hit the shelves. ” Also read the Press Herald Report.

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Cannabis Law Report

MAY 16, 2022

MAY 16, 2022 BY DEANNA J. Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis.

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Cannabis Law Report

JULY 12, 2022

In its continuing series of whitepapers, the EveryLibrary Institute has created the “Cannabis Tax Policy and Libraries” whitepaper (July 2022) to help inform library leaders and public policy stakeholders about the role that revenue from recreational cannabis should have in supporting public libraries as community anchor institutions.

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