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5 Things to Watch in the Cannabis Industry in 2023

MJ Business Attorneys

As 2022 draws to a close, we are looking ahead to try and anticipate what 2023 has in store for the cannabis industry. Voters in five states were asked to consider legalizing adult-use cannabis and two states, Missouri and Maryland, voted to approve implementing adult-use cannabis programs. Growth in Cultivation & Production.

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Illinois 2023 medical cannabis sales reach $3.24M

Illinois News Joint

The Illinois Department of Public Health (IDPH) recently released its December 2023 medical cannabis sales totals. for the third-highest monthly total in 2023, behind March’s $29,018,805.60 Total 2023 medical cannabis sales reached $324,792,664.73, which was the lowest yearly total since adult-use legalization.

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January and February medical cannabis sales hover around $24M

Illinois News Joint

Each monthly total marked the lowest January and February totals since legalization in Illinois. in concentrates/infused products. in concentrates/infused products. Monthly Totals for 2023: January: $27,621,022.42 2023 Totals: $324,792,664.73 In January, Illinois dispensaries sold $11,505,949.92 March: $29,018,805.60

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Minnesota Legalizes Marijuana For Recreational Use

Dykema (Cannabis Law Blog)

On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. The bill legalizes the production and sale of marijuana flower concentrates, topical and edible products, immature cannabis plants and seeds, and hemp-derived THC products.

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Illinois medical cannabis sales stay stagnant

Illinois News Joint

The Illinois Department of Public Health (IDPH) released its June 2023 medical cannabis sales totals. For the last three months, monthly sales totals performed weaker than the three years since Illinois legalized recreational use. in concentrates/infused products. Monthly Totals for 2023: January: $27,621,022.42

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Cannabis Foods In Greece: A Blurry Legal Framework

Cannabis Law Report

06 March 2023 by Elena Nikolarea (New York) Global Advertising Lawyers Alliance (GALA) Under Greek law, unprocessed products gathered from the cultivation of the Cannabis Sativa L plant which contain tetrahydrocannabinol (THC) at a concentration of less than 0,2%, are not considered to be illegal narcotic drugs.

Food 52
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Illinois medical cannabis sales still plateauing

Illinois News Joint

The Illinois Department of Public Health (IDPH) released its May 2023 medical cannabis sales totals. For the last two months, sales totals dipped lower than all three years since Illinois legalized recreational use. in concentrates/infused products. For 2023, monthly totals continue to hover around $28 million.