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Illinois officials recently released the Annual Cannabis Report for Fiscal Year 2024. IDOA updates and initiatives for FY2024 include: State cannabis testing laboratory is projected to become operational prior to the end of calendar year 2024. Hemp Rules on second notice to be approved by end of 2024.
Ayr President George DeNardo said Thursday during the companys fourth-quarter and full-year 2024 earnings call that Ayr will prioritize other markets to make sure it can deliver for its other business and stated that the company doesnt have the necessary scale in Illinois to compete over the long term, Green Market Report reported.
Now, pro-cannabis groups have their sights set on 2024. . There are two years still to go until the 2024 ballot takes place. Rather, the avid cannabis supporter stated that a January 2023 deadline would be more feasible to ensure that Wyoming’s legalization initiatives face a fair vote at the 2024 ballot.
For 2024, we have added more advertising options, new services, and updated our logos and website. November 2019, during a meeting at Flesor’s Candy Kitchen (a central Illinois gem), our web designer agreed to create an Illinois News Joint website. A month later, the premiere resource for the Illinois cannabis industry was born.
12, 2024, meeting in Springfield. percent THC the cultivator may remediate the lot by shredding, blending, or sorting the plant material in a manner that reduces the THC concentration to an acceptable level, and then have it retested. These rulemakings will be considered at the Nov. Samples that test higher than 0.3
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
There is a great amount of detail that goes into cultivating a successful crop of cannabis consistently. The 2024 election year is quickly approaching, and with some luck, we’ll finally see an end to federal marijuana prohibition. Cannabis plants don’t grow themselves; they require a lot of attention.
Total retail sales for 2024 reached $147,266,853.89. Total 2024 wholesale sales by cultivation centers reached $$188,831,154.06, and total wholesale sales since November 2015 by cultivation centers totaled $3,633,472,736.20. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 May: $24,413,018.67
If authorized, medical patients can cultivate up to two flowering and two non-flowering cannabis plants. Patients cannot cultivate without explicit authorization. The measure included cultivation and possession of cannabis without any regulation on taxation or sales.
Total retail sales for 2024 reached $215,829,673.13. Total 2024 wholesale sales by cultivation centers reached $276,507,158.52, and total wholesale sales since November 2015 by cultivation centers totaled $3,818,502,824.62. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 May: $24,413,018.67
Only June 2024 (the previous month) medical cannabis sales totals of $23,105,926.95 Total retail sales for 2024 reached $170,617,973.63. Total 2024 wholesale sales by cultivation centers reached $$219,974,409.95, and total wholesale sales since November 2015 by cultivation centers totaled $3,697,827,191.27.
November totals jumped up to $23,534,153.65, the highest monthly totals since May 2024. Total 2024 retail sales by licensed medical cannabis dispensaries reached $261,573,052.74, and total retail sales since November 2015 by licensed medical cannabis dispensaries reached $2,225,138,245.22. Monthly Totals for 2024: January: $24,338,551.30
Total retail sales for 2024 reached $99,749,327.83. Total 2024 wholesale sales by cultivation centers reached $129,966,963.40, and total wholesale sales since November 2015 by cultivation centers totaled $3,507,427,930.76. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 March: $25,917,010.11
Total retail sales for 2024 reached $74,682,676.11. Total 2024 wholesale sales by cultivation centers reached $99,268,930.28, and total wholesale sales since November 2015 by cultivation centers totaled $3,441,143,301.70. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 March: $25,917,010.11
Total retail sales for 2024 reached $194,130,227.26. Total 2024 wholesale sales by cultivation centers reached $249,702,549.44, and total wholesale sales since November 2015 by cultivation centers totaled $3,759,016,364.50. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 May: $24,413,018.67
Total retail sales for 2024 reached $48,765,439.01. Total 2024 wholesale sales by cultivation centers reached $66,850,312.73, and total wholesale sales since November 2015 by cultivation centers totaled $3,373,608,900.01. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 March: $29,018,805.60
In July 2024, cannabis businesses across the state gained access to a centralized system, which, according to IDOA, will significantly modernize how product and vehicle registrations are handled. As of August 2024, all product and vehicle registrations must be completed through the online portal.
Total 2024 retail sales by licensed medical cannabis dispensaries reached $238,039,128.10, and total retail sales since November 2015 by licensed medical cannabis dispensaries reached $2,201,604,035.58. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 March: $25,917,010.11 April: $25,066,974.82
Ieso holds one of only 20 full-scale cultivation licenses in the state. As part of the acquisition process, nuEra has been working with the Ieso team to revamp cultivar selection, cultivation practices, and sales and marketing strategies at the facility since early 2023. NuEra closed on the acquisition of the Illinois brand Ieso.
Total wholesale sales by cultivation centers in 2025 hit $53,377,743.10, and total wholesale sales since November 2015 by cultivation centers finished at $4,116,822,275.07. Monthly Totals for 2024: January: $24,338,551.30 2024 Yearly Totals: $285,059,601.92 Monthly Totals for 2024: January: $24,338,551.30
SB1723 deletes the provision that states any person or entity awarded a craft grower license under specified provisions “shall only hold one craft grower license” and removes language providing that a craft grower shall not be located within 1,500 feet of another craft grower but leaves in the restriction for “a cultivation center.”
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. 23 to circulate the petition.
27, 2024, and serves recreational consumers. Our Mission at Parkway Dispensary is to provide an unparalleled customer experience that cultivates lifelong connections. Parkway Fox Lake is located at 31 Towne Centre Lane in Fox Lake, Illinois. The retail store opened Sept. Hours of operation are Sunday through Thursday 9 a.m.-9
Monthly totals for 2024 are trending the same. Total retail sales for 2024 reached $124,161,781.34. Total 2024 wholesale sales by cultivation centers reached $158,572,075.15, and total wholesale sales since November 2015 by cultivation centers totaled $3,569,737,332.98. in dry flower sales and $12,720,357.56
Happy 2024 – let’s start the year off with a shout-out to Colorado, where the retail market is celebrating an anniversary. As of January 2024, 24 states have legalized adult-use cannabis; over half the US population lives in a state where it is legal. The DEA is conducting a review of cannabis scheduling. million in taxes and fees.
Kind Meds is proud to participate in the Best in Grass (BiG) Awards Arizona 2024 , the premier cannabis competition identifying and awarding the best licensed cannabis products in the state. Quick Details: November 23, 2024: Kits go on sale! Judges will automatically be given a ticket. What is Best in Grass?
Yesterday, the Cannabis Control Board approved 52 adult-use conditional cultivation licenses , which means the approved businesses can start growing cannabis for the upcoming adult-use market. An adult-use conditional cultivator license is valid for no more than two years, expiring at the latest on June 30, 2024.
It was approved for the residential construction of buildings in 49 states by 2024. . According to Hempbuild Magazine, the approval of hempcrete buildings will be added as an appendix to the 2024 International Residential Code (IRC), which governs 49/50 American state residential building codes.
As of early 2024, over 100 dispensaries have surrendered their medical licenses, choosing to focus solely on the recreational market. By early 2024, this number had plummeted to below 56,000. Cultivation rights : Medical patients can grow more plants at home. This represents a staggering 42% decrease in just three years.
percent THC the cultivator may remediate the lot by shredding, blending, or sorting the plant material in a manner that reduces the THC concentration to an acceptable level, and then have it retested. Industrial hemp cultivators must file their final annual reports by Dec. percent by dry weight. Samples that test higher than 0.3
The new law allows for the uncoupling for “state tax deductions” for any cannabis establishment operating in this State and licensed under the Cannabis Regulation and Tax Act or any cannabis cultivation center or medical cannabis dispensing organization operating in this State and licensed under the Compassionate Use of Medical Cannabis Program Act.
Revolution Maryville, owned and operated by Illinois-based cultivator Revolution Cannabis , opened its doors Feb. We are eager to share knowledge and premium products from Revolution brands, including Revolution Cannabis, Tales and Travels, and other top cultivators in the state.” Monday through Saturday and 10 a.m.-6
With our educational Know Your Brand series, we are trying to let our readers and followers know about the many new brands and products coming to Illinois in 2024. One of those brands with new products is Cannect Wellness , a premium craft cannabis cultivator and product manufacturer. Cannect Wellness was founded in Illinois in 2020.
Other licenses will begin getting issued in 2024. Residents can cultivate up to two plants for personal use. The state gave medical cannabis dispensaries the green light to sell to the state’s new recreational customers. Maryland defines adults as 21 and older, limiting them to 1.5 ounces of cannabis.
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. Hours of operation are 9 a.m.-9 seven days a week.
Even if the bill passes, state regulators would still maintain authority to visit cultivators at any time to assure they’re keeping proper documentation, resulting in redundant regulatory efforts. The Tribune-Herald also reports that the bill that adopted the USDA hemp production program only made that provision active until June 30, 2022.
The Illinois high court has rejected a request to permit further licensing for craft cannabis cultivators for the state’s adult-use marijuana program, which launched in January 2020. Craft cannabis cultivation typically involves growing cannabis in small batches, and the farming practices used are organic and sustainable.
It prohibits cannabis possession, use, purchase, sale, or cultivation, whether for recreation or medical purposes. 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. Idaho Idaho is one of the staunchest anti-cannabis states.
Ford , “Provides that premises may be shared between up to 3 craft growers, an infuser organization, a cultivation center, a dispensing organization, or any combination thereof, provided that specified requirements are met.” House Bill 0025 , also sponsored by Ford, “Raises specified square footage requirements for craft growers.
Last week, the New York Senate and Assembly approved Senate Bill S8084A , a bill to provide provisional marijuana cultivator and processor licenses for existing hemp businesses. Conditional Adult-Use Cultivator License. Championed by Senator Michelle Hinchey, the bill has been delivered to Governor Hochul and is awaiting signature.
Total wholesale sales by cultivation centers in 2025 hit $26,600,185.42, and total wholesale sales since November 2015 by cultivation centers finished at $4,059,953,762.14. Monthly Totals for 2024: January: $24,338,551.30 2024 Yearly Totals: $285,059,601.92 Monthly Totals for 2024: January: $24,338,551.30
Florida Sets Stage for 2024 Cannabis Face-off A cannabis legalization initiative backed by cannabis company Trulieve is making its way to Florida’s 2024 ballot! It includes no provisions for home cultivation, expungement of records, or any social equity measures. Would you like to see something like this in your own state?
… on March 1, 2024, the Marijuana Enforcement Team (MET) conducted a … the search a large illegal marijuana grow was in operation along … the residence. Illegal cultivation of marijuana plants in California typically refers … Original Author Link click here to read complete story. Read More
California Cannabis Cultivation Tax Eliminated. The budget trailer bill eliminated the cannabis cultivation tax beginning July 1, 2022. The harvested cannabis was first sold or transferred by a cultivator to a distributor on or after July 1, 2022. California Cannabis Excise Tax Capped at 15% for Three Years.
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