Illinois News Joint

APRIL 17, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for March 2024. March in-state resident sales totaled $114,458,207.57, and dispensaries sold 4,048,897 cannabis items, both of which also were the 2 nd highest monthly total since legalization. March: $148,872,065.12

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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. In June, dispensaries sold 4,006,004 cannabis items, and in-state resident sales reached $109,136,192.82. 2024 total monthly sales include: January: $133,787,753.89 February: $135,571,931.44

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Illinois News Joint

DECEMBER 28, 2024

This past year has been a year of growth for the Illinois cannabis industry as the long-awaited batch of craft growers and infusers started to become a presence in the market. Favorite Vape Vapes were my third most reviewed category for 2024 (18.1% Favorite Edible Just a few years ago, edibles were my least consumed cannabis format.

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Veriheal

FEBRUARY 15, 2024

When underground cannabis shops are raided, what happens to the products in the store? Ten Los Angeles-based cannabis businesses were recently raided. Collectively, the ten dispensaries owe more than $14.4 Collectively, the ten dispensaries owe more than $14.4 It will be held on February 16, 2024, at 777 W.

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Illinois News Joint

MARCH 14, 2024

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for February 2024. After a dip in out-of-state resident cannabis sales in January, out-of-state resident cannabis sales in February outpaced the previous month to push February’s overall total sales pass January.

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Illinois News Joint

FEBRUARY 25, 2024

Senate Bill 1723 , which deals with several provisions for craft growers, recently moved from Executive to the Subcommittee on Cannabis. Lightford originally proposed the bill that amends the Cannabis Regulation and Tax Act on Feb. 2) During calendar year 2024, 60,000 grams per month. (3) Kimberly A.

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The Blunt Truth

MARCH 1, 2024

New Hampshire’s House of Representatives passed an adult-use cannabis bill. Arkansas’ Attorney General gives the go-ahead for advocates to start collecting signatures for a ballot initiative. Nevada opens its first cannabis consumption lounges. NEVADA Cannabis consumption lounges are open for business in Nevada.

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The Blunt Truth

JANUARY 5, 2024

Happy 2024 – let’s start the year off with a shout-out to Colorado, where the retail market is celebrating an anniversary. There’s an update on Alabama’s medical cannabis licensing program (meet the new year; same as the old year). The DEA is conducting a review of cannabis scheduling. million in taxes and fees.

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Illinois News Joint

JUNE 30, 2024

The retail store opened May 3, 2024, and serves recreational consumers. According to Cookies, “Cookies is the most globally recognized cannabis company, founded in 2010 by Billboard-charting rapper and entrepreneur Berner and Bay Area breeder and cultivator Jai. For more Illinois cannabis industry news, visit here.

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Illinois News Joint

MARCH 21, 2023

Several “cannabis craft grow” bills that would amend the Cannabis Regulation and Tax Act were re-referred to the Illinois House and Senate Rules Committees March 10. Prohibits cannabis product advertising from describing or referencing a cannabis product as “craft” unless the cannabis product is produced by a craft grower.

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Veriheal

MAY 4, 2023

This is the projected figure for Europe’s cannabis market by 2027, based on recent estimates published by Prohibition Partners. These countries have the collective potential to spark economic transformation across the EU, which has been bludgeoned by financial downfalls since the COVID pandemic; GDP sunk 6.3% at the end of 2020.

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Illinois News Joint

JANUARY 3, 2025

Academic research institutions must specify which testing laboratory they will use and consent to DOA collecting and forwarding requested data to USDA, which may include background checks, disposal reporting, and real-time information. For more Illinois cannabis industry news, subscribe to Illinois News Joint s newsletter here.

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Veriheal

FEBRUARY 23, 2023

Cannabis legalization is a big hit! Despite what opponents of cannabis legalization have to say about it, it’s working. Cannabis legalization has increased job availability across many legal sectors of employment, including the agricultural industry. Americans have and continue to support cannabis legalization.

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Illinois News Joint

JUNE 16, 2023

Bob Morgan introduced HB1189 , which would have refunded the excess money from the Compassionate Use of Medical Cannabis Fund back to registered medical cannabis patients in Illinois. The $40,000,000 transferred from the Compassionate Use of Medical Cannabis Fund into Cannabis Business Development Fund was increased from $12,000,000.

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Illinois News Joint

JULY 10, 2024

Governor JB Pritzker today touted in a press release that Illinois reached $1 billion in cannabis retail sales and “continues to lead social equity efforts nationwide.” 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.

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Medical Marijuana Program Connection

APRIL 26, 2024

Over a week after a group of North Dakotans filed a 2024 ballot measure petition to legalize recreational cannabis, the state’s top election official gave the green light for signature gathering to begin, reported ABC News. The New Economic Frontier, a cannabis advocacy committee behind the push, needs to garner.

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Veriheal

APRIL 23, 2024

Cannabis use is increasing all around the world. These surveys explore the motivations and methods behind cannabis usage for both medical purposes and recreational enjoyment. In this piece, we aim to delve into the use of cannabis among Generation Z (those born between 1997 and 2012) for purposes of happiness, healing, and relief.

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Cannabis Law Report

JANUARY 9, 2022

Legalizing cannabis for adults has been a wise investment. billion in tax revenue from legal, adult-use cannabis sales. billion in tax revenue from legal, adult-use cannabis sales. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado (pop.

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Veriheal

SEPTEMBER 21, 2021

Yahoo Finance has compiled a list of the most valuable cannabis companies in the world and has explained that the recreational market is “outpacing” the medicinal one as the “world public opinion towards the consumption of weed is changing.” That being said, let’s have a look at the most valuable cannabis companies. . billion in 2020.”

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Illinois News Joint

APRIL 2, 2023

One of the comments we get most, especially after publishing monthly cannabis sales totals, is, “Where’s all that tax money going?” According to the CROO website, the Illinois Department of Revenue posts monthly updates how the Cannabis Regulation Fund gets distributed. For more Illinois cannabis industry news, visit here.

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Veriheal

DECEMBER 15, 2023

Colorado recently passed legislation allowing for “healing centers” utilizing shrooms to start opening as soon as 2024, and Oregon is trending in a similar direction. The post MAPS Is Pushing For FDA Approval Of MDMA-Assisted Therapy appeared first on Cannabis Central.

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Veriheal

JUNE 12, 2023

Meanwhile, a Denver cannabis enthusiast and Nuggets fan is working on two new cannabis cultivars that will get folks as elevated as the Nuggets are in the NBA finals. These special genetics are being bred to perfection by horticulturist and co-founder of Colorado’s Cherry Cannabis, Jason MacLean.

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The Blunt Truth

SEPTEMBER 8, 2023

And finally, could we have a new slang term for cannabis? SOUTH DAKOTA This week, South Dakota’s Attorney General released a final explanation of the adult-use cannabis legalization measure. This action allows proponents of the measure to begin collecting signatures. Could “waffles” be a new one? at Niagara Falls.

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Veriheal

JANUARY 21, 2025

Oregons cannabis industry faced a big question last November: should it be easier for cannabis workers to unionize? Thats what Ballot Measure 119 is all about: a law that requires cannabis businesses to allow employees the chance to unionize without interference. Background on Labor Unions in the U.S. Labor unions in the U.S.

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Cannabis Law Report

FEBRUARY 19, 2022

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. has been notably slow to uptake major reforms.

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Veriheal

SEPTEMBER 9, 2021

The cannabis industry has been on a progressive incline for the last few years and 2021 is no exception. In fact, this year looks set to be one of the most successful years for cannabis reform in the United States so far. . Collectively, the four aforementioned newly legal states are projected to earn $4.5

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Cannabis Law Report

MAY 9, 2019

They write: Key findings from the report include: The Asian cannabis market is expected to be worth $US8.5 billion by 2024 if both medical and recreational cannabis are legalised across a number of key markets. China and Japan represent Asia’s two largest-value medicinal cannabis markets, worth almost US$4.4 Reports.

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Cannabis Law Report

JULY 19, 2021

Virginia is committed to legalizing cannabis the right way—by learning from other states, by listening to public health and safety experts, and by centering social equity,” said Governor Northam. Cannabis Control Authority (CCA). Board members cannot have financial interests in the cannabis industry. million in 2024 and $38.4

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Cannabis Law Report

JUNE 1, 2021

The initial shipment is designated to be used by the Clinic in a pilot run in preparation for the previously announced study , based out of the United Kingdom, on the safety and efficacy of cannabis and hemp for the treatment of patients suffering from chronic pain. billion, servicing nearly 340,000 active patients. About RYAH Group, Inc.

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Cannabis Law Report

JUNE 23, 2021

Medicann is a premier cannabis-specialized clinic, providing patients with access to local specialist doctors and pharmacists that have experience prescribing cannabis-based medication. a global leader in the cannabis industry serving both medical and consumer markets and dedicated to helping people improve their lives.

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Cannabis Law Report

JULY 8, 2021

The past decade or so has seen intense pressure on legislative bodies from across United States to legalise or decriminalise the use and possession of cannabis. Cannabis legalisation is the way of eliminating all legal barriers to its use. So yet, no state has legalised cannabis. Cannabis Use in the Public Eye.

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The Blunt Truth

APRIL 20, 2021

Following closely on the heels of both New York and New Jersey enacting recreational cannabis laws, New Mexico and Virginia have enacted their own laws allowing adults to use cannabis for recreational purposes. Virginia went further by enacting the first law providing employment protections to individuals using cannabis oil.

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Cannabis Law Report

MAY 16, 2022

Gavin Newsom introduced proposed revisions to his 2022-2023 budget proposal, which would eliminate the cannabis cultivation tax rate beginning July 1, 2022. The 15% excise tax on cannabis sales would remain, and the collection and remittance of that tax would be limited to retail sales beginning January 1, 2023.

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Cannabis Law Report

MAY 13, 2022

Good afternoon, The Governor’s Office today released a revised 2022-23 state budget proposal, building on the state’s ongoing work to make historic investments in California’s future, including efforts to create a safe, sustainable, and equitable legal cannabis market. million to help expand access to legal retail throughout California.

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Cannabis Law Report

DECEMBER 4, 2021

Cannabis tax revenue generated more than $2 billion in the U.S. This year, five states—New York, New Jersey, Connecticut, Virginia and New Mexico legalized recreational pot, bringing to 18 the number of states enacting law to regulate and tax cannabis for adult use. Fortune reports. For now, U.S. municipalities are swimming in cash.

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Illinois News Joint

SEPTEMBER 29, 2024

The Pheotera Grove brand originated in 2015 in Oregon, outside of the Portland area, and launched in Illinois October 2024. Pheotera Grove products include: The Slip: Illinois’ first water-based cannabis infused personal lubricant designed to increase blood flow, enhance sensation, and relieve discomforts. Our Remedies Help.”

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Cannabis Law Report

JULY 11, 2022

AB-195 contains several significant reforms to California’s cannabis laws. The most noteworthy changes are outlined below, beginning with the much-anticipated changes to cannabis taxes. California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022.

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