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Cannabis Report FY2024 (IDOA portion)

Illinois News Joint

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.

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Medical Program Decline

Canna Care Docs

The Decline of Medical Marijuana in Massachusetts: What It Means for Patients In recent years, Massachusetts, once a pioneer in cannabis reform, has seen its medical marijuana program gradually overshadowed by the booming recreational market. The program aimed to provide safe, legal access to cannabis for patients with chronic conditions.

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Ayr Wellness to sell four Illinois dispensaries

Illinois News Joint

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.

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Illinois gives Second Notice for Industrial Hemp Act amendments

Illinois News Joint

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

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nuEra Cannabis becomes vertically integrated

Illinois News Joint

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.

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April medical cannabis sales total $25M

Illinois News Joint

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

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IDOA announces adopted amendments to the Illinois Industrial Hemp Act

Illinois News Joint

The new rulemaking affects academic, government, and commercial institutions that participate in the industrial hemp program. 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.

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