Illinois News Joint

AUGUST 9, 2023

After reporting that Illinois adult-use cannabis prices were highest in the country , we decided to publish a 3-Part Series highlighting how recreational legalization in Illinois has affected price per gram for medical patients. In January 2020, medical cannabis prices skyrocket from $12.55 per gram to an all-time high of $14.08

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Greenspoon Marder Cannabis Law Group Blog

JANUARY 3, 2020

Illinois started off the decade by opening its doors to the world of adult-use recreational marijuana. On January 1, 2020, the state of Illinois had its first day of legal marijuana sales. The post A New Year in Illinois – First Day of Recreational Marijuana Sales appeared first on Greenspoon Marder Cannabis Law.

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Illinois News Joint

AUGUST 12, 2023

In Part III, we do the same for the price per gram for RSO, Edibles, and Infused Drinks in Illinois. per gram January 2020. April 2016, Edibles price per gram started at $12.66, and after a year of sales, price per gram fluctuated between $17-$18. January 2020, the first month of legalization. Shortly after Gov.

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SpeedWeed

MAY 5, 2021

Israel’s cannabis market is finally moving into the recreational box this year. Some time this year , if all goes as planned, the country will implement a recreational system for adults over 21. In a page from the American state market, deliveries will be allowed, although cannabis edibles that resemble candy will be banned.

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MassRoots

JANUARY 30, 2019

Lawmakers in Minnesota aim to legalize, regulate, and tax a recreational cannabis market as soon as possible, according to two pieces of companion legislation introduced Monday in both the House and the Senate. Dispensaries would be licensed to sell dried marijuana flower and other products like edibles, concentrates, and topicals.

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Veriheal

OCTOBER 16, 2020

2020 and cannabis have made for some interesting news. More than 10 have legal access to recreational adult-use cannabis. On November 3 rd , 2020, we can only hope that the next elected President of the United States will decide to unite a country that is currently divided by outdated cannabis policy. But, what about the people?

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Veriheal

JUNE 23, 2021

Montana’s House Bill 701 has been signed into law by Governor Greg Gianforte, making Big Sky Country the 16th state to legalize cannabis for recreational adult consumption. Like most recreational states preceding Montana in the move towards legalization, the state has had an existing medical marijuana (MMJ) program in place since 2004.

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Puff Puff Post

JANUARY 20, 2020

In October 2019, Health Canada approved the sale of cannabis edibles, topicals and extracts for early 2020. Cannabis edibles offer a lucrative opportunity for licensed cannabis producers and retailers in both the medical and recreational market. Public consumption of edibles is likely to increase.

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Veriheal

MARCH 17, 2023

Throughout the pandemic, recreational cannabis sales in Anchorage — Alaska’s largest metropolitan area — continuously inflated. State figures indicate that Alaska’s biggest city earned $9 million in recreational cannabis sales during September 2020. million in 2020, while the actual amount was $24.5

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Canna Law Blog

MARCH 13, 2024

As of early 2023, 37 states have approved medical cannabis use by qualified individuals, and 21 states have approved it for recreational use. The edible market alone is projected to grow by $25.27 billion from 2020 to 2025 at a CAGR of 21.74%. Dispensaries: Dispensaries are the distribution hubs of the cannabis industry.

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Cannabis Law Report

OCTOBER 14, 2021

edibles maker Wana Brands for $297.5 to acquire 100% of the outstanding membership interests of Wana, the #1 cannabis edibles brand in North America by market share. Canopy Growth Announces Plan to Acquire Wana Brands, the #1 Cannabis Edibles Brand in North America (CNW Group/Canopy Growth Corporation). Read full report.

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Veriheal

SEPTEMBER 21, 2021

Yahoo Finance has compiled a list of the most valuable cannabis companies in the world and has explained that the recreational market is “outpacing” the medicinal one as the “world public opinion towards the consumption of weed is changing.” billion in 2020.” In 2020, the company saw a 106% financial increase. . Tilray Inc.

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Puff Puff Post

JANUARY 6, 2020

VANCOUVER — People who have never smoked marijuana could be most at risk of overdosing on cannabis-infused edibles that will soon be on store shelves across the country, warns a public health physician who says first-time users may keep noshing away while expecting a high, only to experience a racing heart, anxiety and panic attacks.

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Illinois News Joint

AUGUST 10, 2023

After the first month of adult-use legalization, January 2020, medical price per gram for extracts skyrocketed to its peak at $89.04 in March 2020. In contrast, the adult-use price per gram (with taxes) has slowly decreased from its March 2020 peak of $124.99 Price per gram jumped to $75.12

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Cannabis Law Report

MAY 28, 2021

But according to BDSA , Memorial Day Weekend in 2021 will be unlike previous years and surpass year-over-year growth seen in 2020. . Edibles are already taking the industry by storm. Cannabis data analytics company, Headset, recently reported edibles grew by 60% across seven legal markets in the United States.

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Veriheal

APRIL 14, 2023

The state offers both legal medical and adult-use recreational cannabis. Legal recreational sales kicked off in the state on Jan. 1, 2020, during which more than 77,000 customers shelled out $3.2 However, recreational consumers who choose to grow at home can face a $200 max fine. In 2022 Illinois sold over $1.5

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Veriheal

MARCH 8, 2022

Adults age 21 and over have been legally allowed to purchase a maximum of one ounce of recreational cannabis in Montana since January 1, 2022. Montana Initiative 190,” passed in November 2020 with a vote of 56% to 43%. Based on the latest revenue results, the “Big Sky Country” generated $12.8 million during its launch month.

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Cannabis Law Report

AUGUST 4, 2021

With several states contemplating legalization of recreational marijuana, and federal lawmakers starting the process of federal descheduling , it is a good time to examine the tax implications of legalization. billion in FY 2020 from state-level excise taxes. Collections in States with Operational Markets in FY 2020 and FY 2021.

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Cannabis Law Report

FEBRUARY 23, 2020

The Observer— Complete CBD Oil Guide 2020. CBD Oil Guide 2020. CBD can be added to edibles, topical treatment , oils and even drinks. In some states, medical marijuana is accepted, but recreational use is still illegal. by Todd Dunsmore. December 12, 2019. ” ?

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SpeedWeed

AUGUST 18, 2021

Michigan’s medical cannabis sales showed a slight decrease from July 2020, which reported $52.1 million in recreational sales. Edibles were third in line for the record-breaking month, generating $4.6 million in recreational sales. . million to $128.3 million in medical sales and $63.5 million for adult-use.

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The Cannigma

OCTOBER 25, 2021

In 2018 Canada legalized recreational cannabis use, becoming the first G7 country to do so and only the second country after Uruguay, which legalized cannabis in 2013. MJBizDaily noted that after flower, the next best-selling category was extracts and concentrates, followed by edibles, which totalled only $31.9 products in Canada.

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Cannabis Law Report

DECEMBER 30, 2021

Political and pandemic upheavals made 2020 an exceptional year. Below are five charts to help explain the state of the cannabis industry in 2021: After sales soared to record highs in 2020 amid the pandemic, analysts wondered if the trend would continue in 2021. million more than double that in 2020. It did not.

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Canna Law Blog

NOVEMBER 20, 2019

Many more countries have decriminalized marijuana for recreational use in various amounts, and a few have straight up “legalized” recreational marijuana. Just a few months ago, it seemed certain that Mexico would legalize marijuana for recreational use before December 31. Below is an update on each country’s progress.

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Veriheal

MARCH 1, 2021

There are basically two levels of legalized cannabis: medical and recreational. Some states with recreational use may be willing to sell recreational cannabis to out-of-state patients with medical marijuana cards, while others may allow you to visit medical dispensaries. California. Connecticut. District of Columbia. California.

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Veriheal

MARCH 18, 2022

New Jersey’s governor says the state’s recreational market is coming “within weeks,” Democrats struggle to make progress on cannabis legalization, and Veriheal released its first annual medical cannabis preference report. New Jersey’s Upcoming Recreational Market Faces Last-Minute Barriers. despite D.C.

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Kind Meds (Cannabis Education Blog)

DECEMBER 18, 2020

In the 2020 election, several states voted for various measures to legalize marijuana. In Arizona, this took the form of Proposition 207, which would legalize recreational marijuana for adults in the state. But even at this point, recreational marijuana will still not be completely legal. What Is Prop 207?

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Canna Law Blog

MARCH 15, 2024

Additionally, Washington was one of, if not the very first state to implement proper social equity measures within their state’s cannabis industry with House Bill 2870, which passed in March 2020. Dent and Davis primarily reference the November 2020 report from the Washington State Prevention Research Subcommittee in their research.

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Veriheal

SEPTEMBER 16, 2021

Nine months ago, voters in South Dakota contributed to the simultaneous legalization of both medical and recreational cannabis. South Dakota’s 2020 Cannabis Ballot Initiative . 3, 2020, medical cannabis in South Dakota was made legal. Unfortunately, residents still cannot procure the plant for recreational purposes. .

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SpeedWeed

MARCH 6, 2021

Stress, boredom and loneliness were the top three reasons given for increased cannabis consumption, followed by “convenience such as due to lack of regular schedule, at home more often,” ease of access to cannabis, worsening health or pain and new products such as edibles, concentrates and vapes. View original article.

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Cannabis Law Report

JUNE 1, 2021

Maintains #1 market share 1 of the total flower category in Canada ; recently announced acquisitions further solidify Canopy’s leadership position in the Canadian recreational market. vs. Q4 2020. vs. Fiscal 2020. Revenues : Net revenue of $148 million in Q4 2021 was an increase of 38% versus Q4 2020.

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Cannabis Law Report

JULY 13, 2021

The Smart and Safe Arizona Act, which legalized recreational marijuana use for adults 21 years and older and passed with 60% of the vote, also introduced a chance to expunge certain marijuana-related arrests, charges, adjudications, convictions and sentences. Recreational marijuana is now legal in the state for persons over the age of 21.

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Cannabis Law Report

JUNE 8, 2021

They focus strictly on the business of legal cannabis for medical and recreational use and aims to provide timely information to help their readers make informed decisions on running their business better and more profitably. Edibles Magazine. Edibles Magazine was founded in 2010. Alberta, Saskatchewan, Manitoba, and Ontario.

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Veriheal

MAY 4, 2022

FAHA noted that public attitudes and perceptions towards recreational and medical cannabis use have transformed rapidly—something that he attributes to the rise of medical and/or recreational legalization across the U.S. 4, 2020, cannabis-containing products do not generally provide any perks for heart health. Page II, Pharm.D.,

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Cannabis Law Report

OCTOBER 24, 2021

Recreational use of Cannabis. October 17, 2018, The Cannabis Act took effect, which legalized Cannabis for recreational use in adults starting October 17, 2018 3. ” On October 17, 2019, the federal government announced new regulations that legalized cannabis edibles, topicals, and extracts. “Cannabis 2.0”

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Cannabis Law Report

DECEMBER 6, 2019

by Douglas Sargent | Dec 5, 2019 | Legislation , Medical Marijuana , Recreational Marijuana , Taxation | Illinois. As we wrote about here , Illinois lawmakers last month passed a bill designed to clean up parts of the Cannabis Regulation and Tax Act. Yesterday, Gov.

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NORML

FEBRUARY 26, 2019

Gina Raimondo unveiled a budget proposal for 2020 that would legalize recreational marijuana in Rhode Island “with reluctance,” as she told The Providence Journal. NORML RI believes high-potency concentrates, edibles and oils should be available to those who choose it. On January 17, 2019, Gov. Big sin taxes?

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The Cannigma

OCTOBER 26, 2022

A cannabis lounge, often described as a consumption lounge, cannabis cafe, or cannabis tasting room, among other names, is a commercial space that allows patrons to partake in cannabis products (including flower, vape, edibles, drinks, or some combination) on premises.

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