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March medical cannabis sales reach $25.9M

Illinois News Joint

The Illinois Department of Public Health (IDPH) today released its March medical cannabis sales totals. Licensed medical cannabis dispensaries served 62,518 unique patients, who purchased 1,343,762 grams of dry cannabis. Total retail sales since November 2015 by licensed medical cannabis dispensaries totaled $2,038,247,899.49.

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nuEra Cannabis becomes vertically integrated

Illinois News Joint

The Illinois cannabis industry continues into its fifth year of legalization, and the business markets is not slowing down. Earlier this month, nuEra Cannabis announced the company had become vertically integrated with its new acquisition. Ieso holds one of only 20 full-scale cultivation licenses in the state.

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January and February medical cannabis sales hover around $24M

Illinois News Joint

The Illinois Department of Public Health (IDPH) today finally released its January and February medical cannabis sales totals. January medical cannabis sales totals reached $24,338,551.30, and February totals reached $24,427,904.62. For more Illinois cannabis industry news, visit here. in dry flower sales and $12,832,601.38

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National Law Review Article: Brazil Moves One Step Closer to Domestic Cannabis Cultivation

Cannabis Law Report

Latin America’s largest economy recently moved one step closer to allowing domestic medical cannabis and industrial hemp cultivation. Brazil’s National Health Surveillance Agency (ANVISA) already allows some medicines made from cannabis to be imported.

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A Farmer Turns to Cannabis Cultivation for Survival

Veriheal

After pandemic impacts “rendered his products unsellable, plunging him into a dire situation,” 39-year-old Ho Long Phung switched to growing illicit cannabis, VnExpress International reports. For people who depend on these practices for survival, drastic measures—like growing cannabis illegally—can become necessary.

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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. Total 2023 medical cannabis sales reached $324,792,664.73, which was the lowest yearly total since adult-use legalization. Retail sales of medical cannabis for December included $12,900,074.74 31, 2023, is 140,342.

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Protests Flare in Georgia After Cultivation Licenses Are Awarded

Veriheal

Georgia has overcome a major hurdle in the medical cannabis industry. The state recently awarded cultivation licenses to six growers, all of whom are expected to launch their businesses in the next few months. Class 1 permits allow growers to cultivate the plant over 100,000 square feet of space. Brian Kemp, Lt.