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to outpace January and February totals but was still lower than the last four previous March totals and all but one monthly total in 2024. in concentrates/infused products. Licensed medical cannabis dispensaries served 56,847 unique patients, who purchased 1,298,645 grams of dry cannabis. 2024 Yearly Totals: $285,059,601.92
For 2024, retail sales by licensed medical cannabis dispensaries finished at $285,059,601.92. The 2024 totals continued a 3-year downward trend for yearly totals, dropping below $300 million for the first time since 2019. The 2024 totals dropped nearly $40 millions from the 2023 totals of $324,792,664.73. February: $24,427,904.62
in concentrates/infused products. Licensed medical cannabis dispensaries served 60,401 unique patients, who purchased 1,265,482 grams of dry cannabis. Total retail sales for 2024 reached $147,266,853.89. Monthly Totals for 2024: January: $24,338,551.30 In June, Illinois dispensaries sold $11,112,600.33 March: $25,917,010.11
in concentrates/infused products. Licensed medical cannabis dispensaries served 62,864 unique patients, who purchased 1,360,599 grams of dry cannabis. Total retail sales for 2024 reached $99,749,327.83. Monthly Totals for 2024: January: $24,338,551.30 In April, Illinois dispensaries sold $11,853,546.55 March: $25,917,010.11
in concentrates/infused products. Licensed medical cannabis dispensaries served 58,577 unique patients, who purchased 1,221,636 grams of dry cannabis. Total retail sales for 2024 reached $215,829,673.13. Monthly Totals for 2024: January: $24,338,551.30 In September, Illinois dispensaries sold $10,516,825.48
Only June 2024 (the previous month) medical cannabis sales totals of $23,105,926.95 in concentrates/infused products. Licensed medical cannabis dispensaries served 61,066 unique patients, who purchased 1,294,650 grams of dry cannabis. Total retail sales for 2024 reached $170,617,973.63. July totals of $23,351,249.87
in concentrates/infused products. Licensed medical cannabis dispensaries served 60,179 unique patients, who purchased 1,251,318 grams of dry cannabis. in concentrates/infused products. Licensed medical cannabis dispensaries served 60,906 unique patients, who purchased 1,243,042 grams of dry cannabis. March: $29,018,805.60
November totals jumped up to $23,534,153.65, the highest monthly totals since May 2024. in concentrates/infused products. Licensed medical cannabis dispensaries served 59,467 unique patients, who purchased 1,322,044 grams of dry cannabis. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62
in concentrates/infused products. Licensed medical cannabis dispensaries served 60,593 unique patients, who purchased 1,323,604 grams of dry cannabis. Total retail sales for 2024 reached $194,130,227.26. Monthly Totals for 2024: January: $24,338,551.30 In August, Illinois dispensaries sold $11,332,050.49 May: $24,413,018.67
The total THC concentration was also increased to 0.3%. Bill to Permit Retail Cannabis Sales in Virginia by 2024 Following a failed attempt to launch a legal market in Virginia, retail cannabis sales have stalled until 2024. Lawmakers have proposed a 2024 target date for legal sales to finally commence.
If passed, vaporizable dried raw cannabis would be included with the products available to Iowas medical patients. Companies & Iowa Patients Are Hopeful For Change Lucas Nelson, president of MedPharm Iowa, owns and operates Bud & Marys Cannabis in the state. Theres a patient who visits us from just outside of Ottumwa.
in concentrates/infused products. Licensed medical cannabis dispensaries served 62,518 unique patients, who purchased 1,343,762 grams of dry cannabis. Total retail sales for 2024 reached $74,682,676.11. Monthly Totals for 2024: January: $24,338,551.30 In March, Illinois dispensaries sold $12,245,278.55 March: $25,917,010.11
in concentrates/infused products. Licensed medical cannabis dispensaries served 58,928 unique patients, who purchased 1,265,151 grams of dry cannabis. Monthly Totals for 2024: January: $24,338,551.30 Retail sales of medical cannabis for September included $10,720,347.63 in dry flower and $11,182,563.32 February: $24,427,904.62
Florida-based cannabis giant Trulieve recently doubled its contribution to the Smart & Safe Florida political committee with another $5 million toward a 2024 ballot initiative to legalize adult-use cannabis. 1, 2024, with election officials needing 30 days to check signatures before that deadline.
in concentrates/infused products. Licensed medical cannabis dispensaries served 54,883 unique patients, who purchased 1,151,194 grams of dry cannabis. Monthly Totals for 2024: January: $24,338,551.30 2024 Yearly Totals: $285,059,601.92 February 2025 medical cannabis sales included $9,625,137.04 February: $19,748,199.87
Monthly totals for 2024 are trending the same. in concentrates/infused products. Licensed medical cannabis dispensaries served 61,757 unique patients, who purchased 1,329,855 grams of dry cannabis. Total retail sales for 2024 reached $124,161,781.34. Monthly Totals for 2024: January: $24,338,551.30
In 2015, Idaho state legalized CBD with a THC concentration of less than 3%. Further, after several failed attempts to legalize medical cannabis, there’s is finally enough steam to put an initiative on the state’s 2024 ballot. In Kansas, medicinal CBD entails a THC concentration under 5%. Possession of up to 1.5
If the proposal — which was sponsored by Rules Committee Chairman Bill Rabon (R) — is enacted into law, patients who are diagnosed with a “debilitating medical condition” could legally gain access to medical cannabis in North Carolina. Home cannabis cultivation, on the other hand, would be forbidden.
billion in cannabis spending by 2024. projects as the leading marijuana market in the world by sales in 2024. marijuana spending by 2024. billion by 2024. billion by 2024. billion by 2024. billion by 2024. Of course, this production capacity is liable to be bumped up if patient demand merits it.
in concentrates/infused products. Licensed medical cannabis dispensaries served 56,127 patients, who purchased 1,226,589 grams of dry cannabis. Monthly Totals for 2024: January: $24,338,551.30 2024 Yearly Totals: $285,059,601.92 in dry flower sales and $11,181,916.80 Monthly Totals for 2025: January: $21,459,882.77
Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol To collect this data, Veriheal surveyed thousands of patients between the ages of 15 and 27 who signed up for our services between March 2023 and April 2024. While older generations, such as Baby Boomers , largely prefer edibles, Gen Z likes flower the most.
With respect to medical cannabis policies, numerous legislatures took steps in 2021 to expand patients’ access to marijuana products. These actions included expanding the pool of patients eligible for medical cannabis, expanding the number of licensed providers, and easing pathways for patients to obtain a medical marijuana recommendation.
Existing law, the Compassionate Use Act of 1996, an initiative measure, authorizes the use of cannabis for medical purposes and provides certain protections to a physician and surgeon who recommends the use of medical cannabis to a patient.
Advocates now have turned their sights to the 2024 election cycle. As far back as 2015, Georgia established a Low THC Oil Patient Registry , which allowed qualified patients to possess cannabis oil with a total THC content of not more than 5%. Until 2019, however, no law provided a way to access that oil.
Along with the increasing acceptance of cannabis , the state has witnessed a surge in convenient delivery services, bringing the plant’s benefits directly to patients’ doorsteps. It’s a development that promises to streamline operations for cannabis delivery companies and enhance accessibility for patients.
Patients will still be able to obtain medical cannabis from licensed dispensaries, and individuals aged 18 or older can register to participate in the program. The law includes provisions to ensure that registered patients continue to have access to their necessary medication, such as patient-only operating hours and product availability.
Patients will still be able to obtain medical cannabis from licensed dispensaries, and individuals aged 18 or older can register to participate in the program. The law includes provisions to ensure that registered patients continue to have access to their necessary medication, such as patient-only operating hours and product availability.
The original version of this bill would not have taken effect until January 1st, 2024, but Governor Ralph Northam refused to sign it unless lawmakers amended the date. ounces of bud or concentrate in public and up to 5 ounces at home. Just last week, Connecticut Governor Ned Lamont also signed an adult-use bill into law.
To qualify and receive a medical patient card at a discounted rate, visit here. g) In Fiscal Year 2024 the allocations in subsection (c) of this Section shall be reviewed and adjusted if the General Assembly finds there is a greater need for funding for a specific purpose in the State as it relates to Public Act 101-27.
SB 1186– Medicinal Cannabis Patients’ Right of Access Act. The bill’s author, Senator Scott Weiner, states this bill is a victory for seniors living with chronic illness, and will both improve patient access and help fill voids throughout the state where no cannabis license types have been authorized.
Kentucky governor Andy Beshear (D) signed a medical cannabis legalization bill, which allows edibles and concentrates, but draws the line at smokable products. In October , independent pharmacies in Georgia registered with the Georgia Board of Pharmacy to provide low THC oil to medical cannabis patients. More on this later.
CBD sales market would likely exceed $20 billion by 2024. but hemp is defined as the plant, or any part of the plant containing a THC concentration of no more than 0.3 The Los Angeles CANNABIS LAW Group represents growers dispensaries, ancillary companies, patients and those facing criminal marijuana charges. FDA Guidelines.
For some medical patients in adult-use states, it can be easier to buy non-medical cannabis products and skip the hassle of getting or renewing a medical card. Generally, the higher the THC concentration, the higher the tax rate. Medical marijuana: Purchases by patients are not subject to taxes. Marijuana tax rates in Illinois.
The state’s medical patients (about 0.5% million) | Tax rate: 9% cannabis sales tax; 4% local sales tax; for distributors, a potency tax on THC of $0.005/mg for flower, $0.008/mg for concentrates, and $0.03/mg Sales are scheduled to begin in January 2024, but the legislature could speed up — or stall — implementation.
The LCB is also tasked with administering and collecting excise taxes concerning the retail sale of cannabis concentrates, useable cannabis, and cannabis-infused products within the state. Adding a tax aimed at recreational sales on top of that makes it even more unaffordable for many patients who are already struggling financially.
Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions. The moratorium expires March 31, 2024. Development. May 26, 2022. Processors.
The 2018 regulations have established that patients can be prescribed medical cannabis which can also be accessed over the counter. The regulation allows for low-concentration versions of cannabis oil to be made widely available in pharmacies but it bans cannabis oil with more than 0.05% of tetrahydrocannabinol (THC). .
Beginning July 1, 2021, local marijuana delivery permits may be issued to medical or retail marijuana stores, or medical or retail marijuana transporters to deliver marijuana to private residences of consumers and patients. Delivery by Denver Marijuana Delivery Permit holders may not deliver between the hours of 12:00 a.m. and 8:00 a.m.,
Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. Sets a date of July 1, 2024 for automatic expungement of cannabis possession convictions. The moratorium expires March 31, 2024. Development. May 26, 2022. Processors.
Americans for Safe Access released its 2018-2019 State-of-the-State report examining state laws and regulations surrounding Patient Rights and Civil Protection from Discrimination, Access to Medicine, Ease of Navigation, Functionality of the Programs, and Consumer Safety and Provider Requirements. billion by 2024.
Virginia also legalized cannabis in 2021, but residents can expect to wait until 2024 before they can purchase cannabis products. The governor of Alabama signed a recreational bill into law in 2021, but patients will likely not have access to retail products until 2022.
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