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Ohio’s Recreational Cannabis Market Landscape and Projections

Veriheal

As debates heat up over recreational cannabis, all eyes turn to Ohio and its potential legalization. Ohio, often viewed as a bellwether state, now faces a defining question: Will it join the growing roster of states opting to launch legal recreational marijuana markets? in recent years. Passions run deep on both sides.

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Craft Cannabis Growers in Illinois Approved for Extension to Launch Operations

Veriheal

Based on a report issued by the IPR, just two of the 88 social equity licensees have opened for business so far, with an additional 21 already serving the state’s recreational cannabis market. Since July of last year, sales growth for the recreational cannabis market in Illinois has sunk to the single digits.

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Poll Reveals Potential Reform for Florida Cannabis Market

Veriheal

Also, according to officials in the state, Smart & Safe Florida ’s recreational cannabis legalization petition had gotten enough signatures to be approved in June. However, new polls have suggested that recreational cannabis might face a lot of opposition on the 2024 ballot. 60% agree, 29% disagree, and 11% are not sure.

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Report: Gen Z Would Rather Smoke Cannabis Than Consume Alcohol

Veriheal

These surveys explore the motivations and methods behind cannabis usage for both medical purposes and recreational enjoyment. We have also used some information provided by New Frontier Data in 2022, which referenced various studies and findings on this age demographic’s substance use.

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Starting A Cannabis Lab : 3 Crucial Steps

Medicinal Genomics

As a result, labs that have received a state license to test either medical or recreational cannabis have historically been denied a DEA Schedule I license to test hemp under the 2018 Farm Bill. However, this may change with rescheduling that is going to be revisited on Dec 2, 2024.

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Delta-8 Study Finds Products Used More In States Without Legal Cannabis

Veriheal

Due to the lack of regulation akin to legal medical or recreational marijuana sales, delta-8 can often be found in gas stations, smoke shops, and similar establishments. Since delta-8 is so unpopular in states with legal cannabis, the data suggests that it is often less appealing to consumers than actual weed.

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Prohibition Partners Publish The North American Cannabis Report,

Cannabis Law Report

billion by 2024. In the near-term, data suggests that value sales of medicinal cannabis will dwarf the recreational market , although this will fall to just over half of value sales by 2024. Here’s the report’s key findings.