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Illinois 2022 adult-use cannabis sales surpass 1.55B

Illinois News Joint

The Illinois Department of Financial and Professional Regulation (IDFPR) announced today the totals for adult-use cannabis sales in December and final total sales for the entire year. The record-breaking month pushed Illinois’ sales totals for 2022 passed the 1.55 The 2022 sales totals of $1,552,324,820.37 May: $129,804,017.72.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Legalizing cannabis for adults has been a wise investment. billion in tax revenue from legal, adult-use cannabis sales. billion in tax revenue from legal, adult-use cannabis sales. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Colorado (pop.

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April 20 2022: Attaining Compliance in the Cannabis Universe

Cannabis Law Report

Compliance in the cannabis industry is fraught with risk across areas like licensing, equipment, testing, distribution, and retail sales – and insurance professionals are a big part of addressing all of that (or they should be). He serves as vice-chair on ASTM International’s Committee D37 on cannabis to develop consensus industry standards.

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Germany: DEMECAN delivers first medical cannabis from its own German facility

Cannabis Law Report

DEMECAN’s first cannabis shipment to the BfArM is ready for collection and includes more than 100 kg of cannabis flowers. High-quality cannabis flowers from DEMECAN’s German high-end facility are now available to patients. 2500 cannabis plants are now growing in its own flower rooms in Saxony.

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The Status of Cannabis Legalization in the South

Cannabis Law Report

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. These states haven’t made major headlines for their progressive cannabis policies, but together they constitute a major market that has, nevertheless, dipped its toe in the water. has been notably slow to uptake major reforms.

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With $20M to spend on marijuana research for veteran care, Michigan seeks proposals

Cannabis Law Report

When Michigan voters legalized recreational marijuana in 2018, they mandated that “until 2022 or for at least two years” $20 million in marijuana tax revenue should go to research. 1, 2019, the day legal sales began, and Sept. The deadline for proposals is Friday, July 16. Department of Veteran Affairs’ most recent data. Between Dec.

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Los Angeles Cannabis Audit: Problems, Problems, Problems

Canna Law Blog

On December 1, 2022, the Los Angeles Controller released a report (PDF here ) with a pretty lame pun as a name: “High Maintenance: Review of the City’s Cannabis Regulation Efforts.” LA has collected a LOT of tax money. This makes LA the largest local cannabis tax collector, possibly in the world.