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The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. Recent trends indicate a growing interest in alternative forms of consumption, such as edibles, topicals, and concentrates, in addition to traditional flower products.

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For the First Time Ever, Ontario’s Legal Cannabis Sales Exceed the Illicit Market’s

Veriheal

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.” Lori Hatcher, head of marketing at Truss Beverage Co.,

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More stores needed in underserved markets

SpeedWeed

The chief executive of the Ontario Cannabis Store (OCS) said growing regulated recreational marijuana sales in Canada’s most-populous province depends on more brick-and-mortar stores opening in certain communities. The third-quarter report from the OCS estimated that legal marijuana sales have captured 40.3% Edibles: 4.5%.

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Cannabis Spending in Canada Exceeded $2 Billion in 2020

SpeedWeed

According to a quarterly, retail commodity survey from Statistics Canada, Canadians bought $2.01 Flower definitely appears to be the preferred consumption method for Canadians, as it made up more than three-quarters of all sales from cannabis spending last year. in sales last year. million in sales. A total of $614.4

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Weekly Legislative Roundup 3/8/19

NORML

North Dakota’s first medical cannabis dispensary opened its doors last week in Fargo; and registered out-of-state medical cannabis patients will now be able to access their medicine while visiting Hawaii. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take. AL resident?

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Weekly Legislative Roundup 2/22

NORML

New Jersey lawmakers have come to an agreement with Governor Murphy regarding retail marijuana tax rates, settling on charging sales tax by weight as opposed to a specific percentage. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! Your Highness, Carly. Actions to Take.

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Canadian LP MTL Cannabis to Go Public by Merging with Canada House

Cannabis Law Report

The acquisition combines proven high quality dried flower sales and industry-leading yields with immediate facility expansion, increased capacity, enhanced product development, key sales licences, existing provincial supply deals, and direct distribution to medical patients focused on Veterans. MONTRÉAL, Aug.