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Licensed cannabis retailers in Colorado and Washington are highly compliant with state laws refusing the sale of products to minors, according to data published in the Journal of Studies on Alcohol and Drugs. ” The abstract of the study, “Compliance with personal ID regulations by recreational marijuana stores in two U.S.
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.
The self-reported use of marijuana by teenagers continues to decline nationally, according to federal data reported by the United States Substance Abuse and Mental Health Services Administration (SAMHSA). The agency’s 2018 report finds that past-year marijuana use by those ages 12 to 17 has fallen consistently since 2002, from 15.8
Incidences of the vaping-related lung illness EVALI (e-cigarette or vaping product use-associated lung injury) are primarily concentrated to jurisdictions where adult-use cannabis consumption is prohibited, according to data published in the Journal of the American Medical Association (JAMA) Network Open.
. “These regulations should include age restrictions, prohibitions on the unlicensed commercial production or retail sale of the plant and rational limits with regard to product marketing.” According to an August 2019 federal report , past-year marijuana use by those ages 12 to 17 has fallen consistently since 2002, from 15.8
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. This Data Says So appeared first on Green Market Report.
Adult-use retail cannabis access is associated with a decline in the sales of over-the-counter (OTC) sleep aid medications, according to data published in the journal Complimentary Therapies in Medicine. ” Authors reported that the negative associations were driven by reduced sales of diphenhydramine (e.g.,
The enactment of statewide legislation permitting adult cannabis possession and sales is not associated with any significant or long-term uptick in criminal activity, according to data published in the journal Justice Quarterly.
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.
When you walk into a hardware store, pharmacy, or even a liquor store, if you don’t know exactly what product will meet your needs there’s someone educated enough to point you to the right product and the data to back up that recommendation, says Tyler Dautrich, COO of Releaf. Does it have a recreational user use as well?
CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company”), is pleased to provide an update on its growth in distribution of recreational products across Canada. Recreational Sales: Retail. Recreational Sales: Medical Channels. TORONTO–( BUSINESS WIRE )–Heritage Cannabis Holdings Corp.
Law enforcement, policy makers, and public citizens have long debated how recreational marijuana legalization influences crime and public safety. Data tells us that more arrests for marijuana trafficking and possession occur after marijuana legalization in neighboring states, concentrated at the bordering counties.
With several states contemplating legalization of recreational marijuana, and federal lawmakers starting the process of federal descheduling , it is a good time to examine the tax implications of legalization. 15% retail excise tax; $9.65/oz. 10.75% excise tax (retail price). 10% excise tax (retail price). 29,051,904.
These are the 87 Zip Codes where applicants for 26 social equity retail marijuana licenses must have recently resided. The rules say a person must have had a physical address in one of the ZIP codes and lived at it for at least three of the past five years. While the state has about 500 codes, many are for post office boxes only.
Interesting report from MJ Biz… Sales of CBD-only products at recreational marijuana retail outlets have been falling since 2018 in four Western states as more of these goods move into mainstream stores and online, according to an analysis of sales data from Seattle-based Headset.
The DankStop acquisition will be immediately accretive and its growing base of over 200,000 email subscribers provides High Tide with another sales channel on which to sell its products, thus leveraging retail margins on its own brands. DankStop is a leading online consumption accessories retailer. Meta Cannabis Supply Co.
The number of marijuana-related arrests and summonses plummeted in New York City in the first quarter since the state’s legalization law took effect, data released by NYPD shows. The state has yet to launch retail sales of recreational cannabis, creating an access barrier. Marijuana Moment reports. Read full report [link].
New data on the cannabis sales in Ontario’s legal cannabis market showed that the majority of cannabis purchases between July and September 2021 were from legal retailers. of “the pot purchases made in the province between July and September were linked to legal retailers.” The Rise of Ontario’s Legal Cannabis Industry.
The bill would appropriate $2 million to a Cannabis Control Commission to launch administration of the law, with “priorities for the allocation of the remaining funds subject to appropriation,” starting with $100,000 annually to the Department of Safety for a drug monitoring initiative and data collection on health impacts.
Assessment of Recreational Cannabis Dispensaries’ Compliance With Underage Access and Marketing Restrictions in California. The increasing availability of cannabis to adults through legalization of recreational cannabis dispensaries (RCDs) raises concerns regarding underage access and exposure to products and marketing. JAMA Pediatr.
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.
La Jolla, CA: The establishment of licensed cannabis retailers is not independently associated with an increase in traffic crashes, according to data published in the journal Health Economics. County-level evidence from recreational marijuana dispensary sales in Colorado,” appears in Health Economics.
In 2012, voters in Washington State approved a ballot measure that made recreational cannabis legal. According to the report, retail cannabis sales grew 21% between 2019 and 2020 and grew 605% between 2015 and 2020. Notably, the report focused not only on retail cannabis sales, but also on growing and processing operations.
OLCC Provides Oregon Legislature with Recreational Marijuana Supply and Demand Study. . Portland, OR — Today the Oregon Liquor Control Commission provided the Oregon Legislative Assembly with the 2019 Recreational Marijuana Supply and Demand Legislative Report required by ORS 475B.548. January 31, 2019.
Headset , the leading provider of data and analytics to the cannabis industry, today released quarterly updates to its long-term forecasts for the legal U.S. states and jurisdictions with any level of legalization (recreational and medical), and the data will be presented in the aggregate for each calendar year.
Memorial Day Weekend is host to hundreds of thousands of retail sales every single year. According to cannabis enterprise software company Akerna’s flash report, Memorial Day Weekend will gross approximately $238,000,000 in recreational and medical marijuana sales over the four day period, Friday to Memorial Day on Monday.
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.
SEATTLE , July 14, 2021 /PRNewswire/ — Headset , the leading provider of data and analytics to the cannabis industry, today released quarterly updates to its long-term forecasts for the legal U.S. Headset’s models and dashboards help cannabis retailers better optimize their day-to-day operations.
(CSE:GRIN | OTC: GRUSF) (“ Grown Rogue ” or the “ Company ”), a vertically-integrated, multi-state cannabis company, with operations and assets in Oregon, California, and Michigan, has released survey data suggesting the pricing in the Oregon cannabis market is recovering. . Survey Highlights. What Grown Rogue Sales Indicate.
Although Washington voters legalized cannabis in 2012, Clark County passed a ban on recreational cannabis businesses in the unincorporated areas two years later. I think the data is too new,” responded Schoening. Hoss responded that large retailers do more business. Apples to buds to police calls. Sheriff’s Cmdr. Violent crime.
One in four marijuana users who are employed admit to doing this within the past year, according to a new survey of cannabis consumers in Washington, Oregon and Colorado, three states where recreational weed is legal. Indeed, the survey data show that recreational-cannabis consumers look pretty much like the average American.
Marijuana normalization has snowballed since 2012, when Colorado and Washington were the first states to legalize recreational use. retail sales of cannabis products jumped to $10.5 billion last year, a threefold increase from 2017, according to data from Arcview Group, a cannabis investment and market research firm.
The legalization and taxation of recreational marijuana remains one of the hottest trends in state taxation. In total, actual recreational marijuana sales are happening in 11 states. The following map highlights the states that have legal markets and levy taxes on recreational marijuana.
1 As of June 21st, 2021, based on analytics data provided by Alexa Internet, Inc. Traffic data provided by Google Analytics. High Tide is a retail-focused cannabis company enhanced by the manufacturing and distribution of consumption accessories. Pro forma for the acquisition, High Tide’s revenue run rate in the U.S.
Since adult-use retailers opened in Massachusetts in November 2018, gross total sales have now reached $2.54 billion, according to data from the Cannabis Control Commission. ” Bell said the general public is becoming more comfortable with the idea of recreational marijuana, even if they’re not using it themselves.
billion in the United States in 2018, and the number of “plant-touching” jobs is expected to pass 500,000 by 2022, according to New Frontier Data, a cannabis market research and data analysis firm. People often want to run a dispensary or set up a cultivation center and I ask, ‘Well, have you ever done retail? Are you a farmer?
Million (the “ Transaction “) and acquire all rights to the customized Fastendr™ retail kiosk and smart locker technology and Bud Room’s retail cannabis store located at 1910 St. This acquisition comes on the heels of several disruptive retail innovations by High Tide, such as our “one stop shop” and “discount club” concepts.
Adults age 21 and over have been legally allowed to purchase a maximum of one ounce of recreational cannabis in Montana since January 1, 2022. Sponsored by New Approach Montana in conjunction with the Marijuana Policy Project, Montana’s recreational cannabis law has been received well by consumers. million and $2.9
The Rules establish the recreational cannabis industry in New Jersey and allow the CRC to begin licensing businesses as soon as possible. These classes include cultivators, manufacturers, retailers, distributors and delivery services. ATCs must also pay a fee for getting approval to expand into recreational operations.
Marijuana Retail Report writes. The deadline for New York municipalities to opt out of allowing cannabis business operations ended on December 31 with 642 towns, villages, and cities choosing to bar dispensaries and 733 opting out of consumption lounges, according to Rockefeller Institute of Government data. By Heather Trela.
announced on Monday that it has reached an agreement to acquire Harvest Health and Recreation Inc. million square feet, as well as 126 dispensaries retailing cannabis for medicinal and recreational use. Cannabis is growing up and M&A deals of this size are another key data point in its growth trajectory.
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.
Canadian sales of legal recreational cannabis totaled 2.6 Licensed marijuana retailers across the country sold CA$298.4 from November, according to new retail trade data released Friday by national data agency Statistics Canada. The data bureau’s monthly cannabis sales data for 2020 are available here.
As Illinois prepares to follow through with their recreational marijuana rollout, Marijuana Business Daily reports the state’s biggest increase in medical cannabis sales throughout the program’s history. In Illinois, recreational users will pay 25 to 35% tax on each purchase, depending on the product. Other Changes. .
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