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Adults who purchase retail cannabis typically report using it to mitigate pain and to improve sleep, and often use it in place of conventional medications, according to data published online today in the Journal of Psychoactive Drugs.
Patients purchased an estimated $112 million worth of medical cannabis-related products in 2019, according to newly released Maine tax data. Although the state’s medical cannabis access program has been operational for some two decades, Maine officials only began tracking caregiver-related tax revenue in February of 2019.
According to research by real estate data company, Clever , property values rose by $17,113 more in states where recreational cannabis is legal, compared to states where it’s illegal or just legal at the medicinal level. Clever combined data from Zillow, the U.S. Education programs. Public health and safety programs.
Akerna Connect is an eCommerce software which provides a suite of digital marketing tools to retailers and dispensaries so locations can reach their consumers and enhance the shopping experience through online ordering, loyalty programs, and text messaging. In addition, consumers can opt-in for loyalty programs and text message alerts.
AUGUSTA – Maine’s marijuana retailers sold approximately $5.36 Coming in $1 million above the previous record-breaking month of April, retailers conducted 71,843 transactions in May, with smokable marijuana making up 59 percent of sales, while infused products and concentrates accounted for 23 percent and 18 percent, respectively.
Santé Cannabis, a pioneer in medical cannabis in Québéc , has partnered with Spectrum Therapeutics, the medical division of Canopy Growth (TSX: WEED) (NYSE: CGC) to launch the Prescriber Training Program, designed to aid physicians and patients, announced today at the new Santé Cannabis clinic and research centre in Montréal.
This data helps Californians understand the work we have ahead of us in realizing the promises of cannabis legalization, including supporting access to a safe, legal, and equitable cannabis market across the state and combating the unregulated, illicit market”. The data tool can be found on the DCC website here: [link]. Tweet this.
“Surprisingly, many retailers didn’t understand that they collect personal information, despite the fact that all private licensed liquor and cannabis retailers collect some form of personal information from employees and customers who enter physical stores or make purchases online,” said Commissioner Michael McEvoy. THE REPORT.
Loyalty programs, long a staple of consumer marketing strategies, have found a place among regulated cannabis retailers in the United States and Canada. By offering perks such as discounts, points, special offers and new-product notifications, retail operators say loyalty programs can be a useful tool for: Boosting basket sizes.
These are the 87 Zip Codes where applicants for 26 social equity retail marijuana licenses must have recently resided. “The identified ZIP codes include communities disproportionately impacted by incarcerations for marijuana crimes in combination with social service program indicators.”
On eve of Commission’s fourth birthday, Marijuana Establishments surpass $2 billion in gross sales since retail stores opened in Massachusetts; progress continues to achieve industry goals. Over the first year of adult-use sales , from November 2018 to November 2019, 33 Marijuana Retailers generated $393.7
Reporting to a Program Specialist 3 (Cannabis), the Program Specialist 2 (Cannabis) positions will be responsible for overseeing and participating in inspecting, auditing, and performing a full range of compliance duties for the region assigned (Albany/Buffalo/NYC). Duties Description. Perform full range of supervisory functions.
Marijuana Programs. A preliminary draft rule related to the tracking and tracing of products in the Maine Medical Use of Marijuana Program is currently available for review on the Office of Marijuana Policy’s website: [link]. The labels will come with a Maine program watermark and the registrant/licensee’s ID number on them.
CCB/DoT Release Annual Cannabis Taxable Sales Data. During Fiscal Year 21 (July 1, 2020 – June 30, 2021), licensed adult-use cannabis retail stores and medical dispensaries generated $1,003,467,655 in taxable sales. Taxable Sales Reported by Adult-Use Retail Stores and Medical Dispensaries. TAXABLE SALES. FISCAL YEAR 21.
Since 2014, when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. million) | Current tax rate: 15% wholesale, 15% special retail. Colorado has a robust medical program, with about 1.6% Colorado (pop. 22,399,058.
The approach will build the integrity of the licensed market – one that relies on science and data. “In We work with cultivators and dispensaries who truly care about the quality of their products and understand the value of reliable and meaningful data in the eyes of the modern consumer.
The awards program will identify and recognize the best employers in cannabis cultivation and dispensary markets, continuing the recognition the media brands debuted two years ago. Read more about the cultivation and dispensary businesses that ranked in the 2021 program and were featured in Cannabis Business Times and Cannabis Dispensary.
Historical data from the Ohio Medical Marijuana Control Program indicates that, as of the end of September, a tenth of an ounce of plant material (flower) cost $28.81 per ounce, equivalent to an average retail price for patients of $4,610 per pound. or $288.10
Social equity programs are a relatively new phenomenon in the U.S. That makes it worthwhile for industry insiders and activists to examine how some of the programs have done – particularly as more states, and perhaps Congress, consider legalizing marijuana and incorporating social equity in some form. The Oakland and L.A.
LAS VEGAS, NV (March 4, 2021) – Cannabis Conference (August 24-26, 2021, at the Paris Las Vegas Hotel & Casino) today announces its education program, which includes 45+ sessions within four education tracks that will provide actionable takeaways about the most pressing issues plant-touching businesses currently face in the cannabis industry.
New data published in the Journal of Cannabis Research claims that almost one in two authorized medical cannabis patients in Canada managed to either completely stop or reduce their intake of controlled substances, such as alcohol and opioids , by using cannabis. As of 2020, the market was worth CAD $2.6 billion (USD $2 billion).
But in addition to the 18 states with legal adult-use (as well as medical), there are another 18 states that have fully functioning medical marijuana programs. As of July 1, 2021, all five states had both adult-use and medical cannabis programs. ? Nearly half of all Americans now live in states where cannabis is legal for adult use.
On March 8, the FDA granted the accelerated approval of Roche’s programmed cell death protein 1 (PD-1) inhibitor Tecentriq in combination with Abraxane (protein-bound paclitaxel) for the treatment of locally advanced or metastatic triple-negative breast cancer (TNBC). s Keytruda and Bristol-Myers Squibb’s (BMS) Opdivo. About GlobalData.
BRAMPTON, Ontario–(BUSINESS WIRE)–DATA Communications Management Corp. ABOUT DATA COMMUNICATIONS MANAGEMENT CORP. Our extensive experience has positioned us as experts at providing communication solutions across many verticals, including the financial, retail, healthcare, cannabis, energy, and public sectors.
SUMMARY OF PROVISIONS: Section 1 would require the Department of Agriculture and Markets to share data and documentation related to the agricultural research pilot program with the Office of Cannabis Management (0CM). This bill aims to meet the needs of the future adult-use cannabis retail market. Michelle Hinchey’s bill S.8084-a
Jessica Billingsley, CEO of Akerna, is driving the company toward being the go-to option in providing transparency to cannabis retailers, farmers, distributors, and regulators across the globe” Is the official line. The session will cover the fundamental processes and data reporting requirements of CCRS. Cannabis Tech Co.
WHY: There are excellent prospects for mainstream retail and foodservice sales as more consumers become familiar with cannabis edibles and the market grows. Matt Cleary , Head of Retail and Dining, Global Business Solutions, TikTok. . WHEN: Cross Channel Measurement in a Time of Data Collection Challenges. . WHEN: Sept.
The study will utilize Radicle Science’s data analytics platform and a virtual, direct-to-consumer model to deliver objective health outcome data across diverse populations and conditions. This randomized controlled trial will collect data on 13 U.S. Agri Pulse.
Furthermore, data released by the Montana Department of Revenue indicates that statewide recreational cannabis sales remained level through the month of January – resting somewhere between $2.6 Greg Gianforte, the proposed HEART fund is a new program that seeks to assist people who struggle with addiction and substance abuse.
The system supports any specialized equipment used in modern retail. Having accurate data available when you need it informs important decisions. Promotions and Loyalty Programs Stores who reward their customers keep them. It helps them to thrive in a complicated and ever-changing retail environment.
The results from this study will provide validating data on the efficacy of the Company’s products in reducing pain and improving joint mobility in dogs. grown, THC-free 1 CBD oil products, please visit www.cbdmd.com , follow cbdMD on Instagram and Facebook, or visit one of the 6,000 retail outlets that carry cbdMD products.
With Connecticut being the most recent state to legalize, 38 states now have legislation permitting an adult-consumption and/or medical cannabis program. Not everyone has dispensaries up and running yet, so this data doesn’t reflect sales in all 38 legal states. . 2021 4th of July sales predictions.
Problems plaguing the medical cannabis program in Missouri are three-fold. Second, the program has experienced controversy and claims of disparities from its inception. Irregularities plague Missouri’s Medical Marijuana Program. Williams, director of the DHSS, was asked about the launch of the medical cannabis program.
Kowalski never settles for status quo and digs deep into data to drive quality and efficiency within her operation. . . Conference Programming Director, Cannabis Conference. Shreeve’s group holds two recreational producer/processor licenses in Washington, and a recreational retail/processor license in Oregon. . . .
The Center Square) – Marijuana sales in Colorado continued a downward trend in February totaling $145 million, according to the state’s latest market data. The Marijuana Sales Reports summarize total sales made by medical and retail marijuana stores monthly by county. New Report Format in 2022! Tax revenue comes from a 2.9%
A year later that pattern is returning to normal, with more shoppers visiting cannabis retail outlets in the evening. Retailers in general, including marijuana outlets, experienced shifting peak hours after the outbreak of the pandemic as consumers sought safer, more-convenient shopping experiences during the day versus the evening.
In Canada, adults over the age of 19 can possess up to 30 grams of cannabis (the legal age is 21 in Quebec and 18 in Alberta), cultivate up to four plants for personal use, and buy cannabis products from a provincial or territorial retailer. The cannabis in question must be declared to the Canada Border Services Agency.
This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. The establishment of cultivation, processing, and dispensary facilities creates a diverse array of employment opportunities, spanning from agricultural roles to retail positions.
Project Change Lives is a US-based initiative sponsored by Clever Leaves, whereby the Company has pledged to contribute up to USD$25,000,000 retail value of medical cannabis products to any eligible U.S. organization to help advance scientific research into the potential medical benefits of cannabinoids.
Furthermore, Avicanna ’s commitment to education is demonstrated through its annual medical symposium, the Avicanna Academy educational platform, and the My Cannabis Clinic patient program through its subsidiary company. RHO Phyto is the first medical formulary of advanced “Cannabis 2.0” and Santa Marta Golden Hemp S.A.S.,
WORCESTER—Today the Cannabis Control Commission (Commission) announced adult-use Marijuana Establishments in Massachusetts surpassed $3 billion in gross sales , according to the information that licensees report in the state’s mandatory seed-to-sale tracking system and is publicly available through the Commission’s Open Data Platform.
Ohio’s Cannabis Landscape: Current Status and Future Outlook Ohio’s medical marijuana program, first launched in 2016 , brought legal access to patients managing certain debilitating conditions, but it took three years for dispensaries to open up due to regulatory challenges. The pressure is on to capture this budding market.
Nova has entered into 21 lease agreements for new retail locations across Ontario that will serve the communities where the value-conscious cannabis consumer works, shops, and lives. An additional 30 plus locations in Ontario are in various stages of due diligence and negotiation with landlords. million in cash and $1.1
Observations from the Field: Discounting Product Between Processors an Retailers. Leaf Data Systems Update. WSLCB Enforcement officers will begin working with marijuana retailers to educate staff, check for violations, and take appropriate action to gain compliance. Pesticide Disclosures. Paying Your Excise Tax. Full Newsletter.
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