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States Collect $3.7 Billion In Recreational Cannabis Tax Revenue In 2021 Says MPP Report

Cannabis Law Report

States that have legalized marijuana for adult use collectively generated more than $3.7 billion in tax revenue from recreational cannabis sales in 2021, a report from the Marijuana Policy Project (MPP) that was released on Wednesday found. States Collected More Than $3.7 FULL REPORT : [link]. Read full report.

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Another strong month for Illinois recreational cannabis sales

Illinois News Joint

The Illinois Department of Financial and Professional Regulation announced recreational cannabis sales totals for May 2023. May totals reached $132,777,299.46, surpassing all other months, except March 2023 ($134,790,381.77) and July 2020 ($135,658,291.46). 2020 total monthly sales include: January: $39,247,840.83

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Illinois’ March cannabis sales 2nd highest since legalization

Illinois News Joint

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for March 2024. March in-state resident sales totaled $114,458,207.57, and dispensaries sold 4,048,897 cannabis items, both of which also were the 2 nd highest monthly total since legalization. May: $132,777,299.46

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Illinois shatters record for annual cannabis sales at $1.63B

Illinois News Joint

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for December. 2020 total monthly sales include: January: $39,247,840.83 2020 Totals: $669,084,410.12 These figures do not include taxes collected. 2020 Totals: $669,084,410.12 billion in 2023.

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The Year in Weed: 2020 Edition

The Blunt Truth

Welcome back to The Year In Weed, our annual roundup of cannabis-related stories. Last year , I predicted that “…much will happen in 2020.” Whether you think that 2020 was the worst year ever, or only the worst year in your lifetime, no one is sorry to turn the page on the past 12 months. Neither of them did.

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NJ Has Issued Citations To Seven Cannabis Companies Jan 2020 – April 2022

Cannabis Law Report

Blomberg write… Exclusive documents obtained by Bloomberg under New Jersey’s Open Public Records Act show that the state cannabis regulatory commission issued citations to seven companies from January 2020 through mid-April 2022, when marijuana sales broadened from medical to recreational.

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Illinois out-of-state resident cannabis sales plummet

Illinois News Joint

The Illinois Department of Financial and Professional Regulation announced today recreational cannabis sales totals for January 2024. January out-of-state resident sales dropped to its lowest total since February 2020, the second month of legalization. Dispensaries sold 3,551,727 cannabis items. 2020 Totals: $669,084,410.12