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. In November, dispensaries sold 3,769,071 total items. March: $134,790,381.77

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Illinois News Joint

JUNE 27, 2024

In May, dispensaries sold 4,112,540 cannabis items, and in-state resident sales reached $113,119,777.82. Each category trails monthly totals from April 2024 and December 2023 totals. 2023 Yearly Totals: $1,634,983,542.79 These figures do not include taxes collected. 2023 Yearly Totals: $1,634,983,542.79

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Illinois News Joint

JULY 3, 2024

In June, dispensaries sold 4,006,004 cannabis items, and in-state resident sales reached $109,136,192.82. At this rate, Illinois is projected to surpass by year’s end the 2023 record yearly totals of 1.63 2023 Yearly Totals: $1,634,983,542.79 These figures do not include taxes collected. February: $135,571,931.44

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Illinois News Joint

FEBRUARY 8, 2024

In 2023, out-of-state resident sales totals averaged around $32-36 million per month. In comparison, January totals for 2023 reached $127,938,019.85. Dispensaries sold 3,551,727 cannabis items. 2023 total monthly sales include: January: $127,938,019.85 2023 Yearly Totals: $1,634,983,542.79 February: $120,488,569.91

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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. million more than February 2023 totals of $120,488,569.91 These figures do not include taxes collected.

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Illinois News Joint

AUGUST 3, 2023

For the second-straight month, Illinois set a new monthly sales record for 2023. Since legalization, July 2023 sales totals only trail December 2022 totals of $143,899,826.30. Dispensaries sold a record 3,580,946 total items in July, outperforming last month’s totals of 3,464,177 items. February: $120,488,569.91

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Illinois News Joint

SEPTEMBER 5, 2023

August followed only July 2023 total of $140,048,722.23 August in-state resident sales set a new record at $104,940,014.62, outperforming July 2023 and December 2022 in-state resident totals. Dispensaries sold a record 3,646,736 total items in August. Dispensaries sold a record 3,646,736 total items in August.

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Illinois News Joint

MARCH 14, 2024

Dispensaries sold 3,636,925 cannabis items in February. 2023 total monthly sales include: January: $127,938,019.85 2023 Yearly Totals: $1,634,983,542.79 These figures do not include taxes collected. Dispensaries sold 3,636,925 cannabis items in February. 2023 total monthly sales include: January: $127,938,019.85

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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. Dispensaries sold 3,079,621 items in January. 2023 total monthly sales include: January: $127,938,019.85 These figures do not include taxes collected. These figures do not include taxes collected.

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The Blunt Truth

AUGUST 18, 2023

The AG has released a final summary of that, so those backing the measure can begin collecting signatures. Sales would be conducted through state-run dispensaries, similar to the state’s liquor stores, which is the only distribution model Sununu will accept. GERMANY But not all the news is in the states, or even in the U.S.

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Illinois News Joint

OCTOBER 2, 2023

September in-state resident sales set a new record high at $104,940,014.62, and dispensaries sold a record 3,683,920 total items in September. 2023 total monthly sales include: January: $127,938,019.85 These figures do not include taxes collected. 2023 total monthly sales include: January: $127,938,019.85

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Illinois News Joint

JANUARY 5, 2023

There are currently 113 adult use cannabis dispensaries in Illinois, including the first three social equity dispensaries that opened in 2022. In addition to three social equity adult use cannabis dispensaries that opened in 2022, 189 other conditional licensees are in the process of receiving full dispensary license from IDFPR.

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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. Dispensaries sold 2,911,925 total items in February, which were also the lowest since the February 2022 totals of 2,586,830. 2023 total monthly sales include: January: $127,938,019.85 May: $129,804,017.72

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Illinois News Joint

JUNE 2, 2024

Dispensaries in Illinois sold a 2024-record 4,140,350 cannabis items, and April 2024 monthly totals reached $144,511,466.85. 2023 Yearly Totals: $1,634,983,542.79 These figures do not include taxes collected. 2023 Yearly Totals: $1,634,983,542.79 These figures do not include taxes collected. February: $135,571,931.44

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Illinois News Joint

FEBRUARY 25, 2024

Another provision requires the Illinois Department of Agriculture to issue an additional 30 craft grower licenses on or before May 1, 2023 and an additional 30 craft grower licenses on or before September 1, 2024 under specified conditions. Kimberly A. 2) During calendar year 2024, 60,000 grams per month. (3)

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The Blunt Truth

DECEMBER 29, 2023

We thought the market would expand “quite a bit” in 2023 – well, the “a bit” part was right. And not to ruin the ending, but no retail market will open in 2023. Also, the NBA agreed to players investing in the cannabis industry as part of a new collective bargaining agreement. million in revenue in one weekend is a tidy sum.

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Cannabis Law Report

JANUARY 9, 2022

Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. local sales tax on adult-use cannabis and has collected $237.5 From February 2017 through August 2021, the local taxes collected totaled $86.1 The city of Denver, for example, applies an additional 5.5%

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Illinois News Joint

JULY 10, 2024

The press release stated, “This milestone was achieved nearly two weeks faster in 2024 compared to 2023, when the $1 billion sales mark was not reached until July 10. Additionally, Fiscal Year 2024 saw total cannabis sales exceed $2 billion, which represents an increase from Fiscal Year 2023 ($1.9 billion) and Fiscal Year 2022 ($1.8

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Cannabis Law Report

JUNE 20, 2019

Additionally, on June 18, 2019, the Governor signed into law an emergency bill increasing the amount of marijuana and marijuana products that a caregiver may wholesale to other caregivers and dispensaries from 30% of annual yield to 75% of annual yield. In fiscal year 2023, Maine is banking on $33.2

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Medical Marijuana Program Connection

JULY 17, 2023

var mantis = mantis || []; mantis.push(['display', 'load', { property: '5bbb53a2bcafb20075d8dc64' }]); Colorado dispensaries will collect less money in 2023 than they did last year, according to sales projections based…

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. It allows existing medical cannabis dispensaries to convert their licenses to serve adult consumers. How can I purchase cannabis products in Maryland?

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Peninsula Alternative Health

JUNE 12, 2023

With the recent passage of House Bill 556 and Senate Bill 516 in Maryland, the legalization of adult-use recreational cannabis is set to begin on July 1, 2023. It allows existing medical cannabis dispensaries to convert their licenses to serve adult consumers. How can I purchase cannabis products in Maryland?

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Cannabis Law Report

MARCH 31, 2022

One might think of Oregon as a sanctuary for individuals interested in microdosing, as Ballot Measure 109 legalized psilocybin services with service centers coming online in 2023. Measure 109’s intentional divergence from a cannabis dispensary model is clear. Cannabis dispensaries sell cannabis that is to be consumed off site.

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Cannabis Law Report

JUNE 30, 2021

Retail Footprint Expected to Reach 23 Operational Dispensaries by H1 2022, More Than Double the Next Largest Retail Operator. million ft 2 by 2023. Over the long term, the Company aims to build its wholesale network to over 700 dispensaries statewide. Canaccord Genuity Corp acted as financial advisor to BRND.

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Veriheal

JANUARY 21, 2025

According to the latest estimates by the Bureau of Labor Statistics , in 2023, around 14.4 A key turning point came in 1935 with the National Labor Relations Act (NLRA), which gave private-sector workers the legal right to unionize, strike, and collectively bargain for fair working conditions. Labor unions in the U.S. million U.S.

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Cannabis Law Report

NOVEMBER 17, 2021

Acquisition Includes Three Retail Dispensaries, a Cultivation Facility and a Product Manufacturing Facility. Increases Jushi’s Permitted Licensed Retail Footprint to 39 Dispensaries Nationwide 1. NuLeaf boasts a well-established retail network with top-quality, design-forward dispensaries in coveted high-traffic destination locations.

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Cannabis Law Report

SEPTEMBER 21, 2022

Beginning January 1, 2023, cannabis retailers will be responsible for collecting and paying the cannabis excise tax (15% of gross sales) to the California Department of Tax and Fee Administration ( CDTFA ). We are confident this will help grow our Provider Network of dispensaries and policyholders.

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Cannabis Law Report

JUNE 7, 2021

per RWB Share until May 12, 2023. The raise includes an investment of US $11,337,834 from certain strategic investors (collectively, the “ Investors ”) directly into RWB Florida (the “ Investment Transaction ”). Each Warrant is exercisable to acquire one additional common share (each a “ RWB Share ”) at a price of CDN $1.15

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Cannabis Law Report

APRIL 12, 2022

For many in the cannabis industry, April 1, 2022 is seen as a day of reckoning following the July 2021 passage of Assembly Bill 141 and Senate Bill 160 (collectively, the Cannabis Trailer Bill). After July 1, 2023, all provisional license renewals will require a demonstration of CEQA compliance. 714-424-8257. ENDNOTES. [1]

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Meadow

DECEMBER 24, 2017

I don’t really know, as Hezekiah was alluding to on the collective question, people have to have their come-to-Jesus moment. For the first time in SB94, that’s when the state recognized delivery or non-storefront dispensaries as a type of business. As a collective, you still have to pay your taxes. The fines are significant.

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Canna Law Blog

MAY 18, 2023

As early as June 15, 2023 – for a temporary rule and a permanent rule by this fall. So producers, wholesalers, and processors don’t collect or pay sales tax. Instead, dispensaries collect up to a twenty percent sales tax (17 percent state + 3 percent local) for each marijuana item sold. The basic directive from Gov.

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Canna Law Blog

NOVEMBER 18, 2022

Realistically, the license application process won’t start until Spring of 2023. Cannabis Collective (Co-op). Retail Dispensary. The regulations provide specificity to the design of dispensary operations including all security and staffing requirements. Extraction (Must have a Good Manufacturing Practices facility).

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Canna Law Blog

JANUARY 20, 2023

The Washington State Liquor and Cannabis Board (“WSLCB”) announced this Wednesday , January 18, that the 30 day window to apply for a Washington Social Equity In Cannabis Retail License will open March 1, 2023. Did you own or operate a medical cannabis dispensary or collective garden, licensed as a business, prior to July 1, 2016 (10 points)?

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Veriheal

FEBRUARY 6, 2024

In short, the new proposals would set up partnerships between research institutions and cannabis dispensaries in the state. The public comment period is open from October 16 to December 15, 2023. ’ A clinical registrant permit would permit cannabis dispensaries to grow, process, and sell medical cannabis.

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Canna Law Blog

JANUARY 24, 2025

Legislators seem both wary and weary of cannabis: the 2023 industry scandals implicating public officials are still fairly recent; and, after ten dynamic years and hundreds of adult use cannabis proposals, bills and laws, the program needs to breathe. Most likely, you wont see it mentioned at all.

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Connor & Connor PLLC

AUGUST 15, 2024

In August 2023, the HHS published its scientific and medical evaluation, which was conducted by the FDA and the other HHS constituents with the DEA, recommending that marijuana be rescheduled to a Schedule III substance. Currently, the underground marijuana economy has an estimated value of $66 billion annually (New Frontier Data, 2023).

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Cannabis Law Report

DECEMBER 16, 2021

Uber Canada announced its partnership with Tokyo Smoke, a cannabis retailer, to offer ordering in the cannabis category from Tokyo Smoke’s flower collection on the Uber Eats app. 1, 2023, under the new law. A town has the option to later opt back in; however, the state will be issuing a limited number of dispensary licenses.

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