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Missouri Tops $1.3 Billion in First Year of Recreational Sales

Canna Law Blog

With every election season that comes, it’s become almost inevitable that at least one or two more of the states will legalize cannabis for either fully recreational usage or at least medical reasons. Due to several beneficial factors, the first year of recreational sales in Missouri broke the astronomical margin of $1.3

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The Rise of Cannabis Pre-rolls: Data Analysis Reveals Surging Popularity

Veriheal

In the fast-paced, data-driven world of the cannabis industry, partnerships are crucial to success. Turns out, his statements are backed up by thorough data analysis and insightful findings. As a result, ‘recreational’ categories like pre-rolls, edibles, beverages, vapes, and oils are seeing an upswing in market share.

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Illinois 2022 adult-use cannabis sales surpass 1.55B

Illinois News Joint

The record-breaking month pushed Illinois’ sales totals for 2022 passed the 1.55 December total out-of-state resident sales reached $41,439,616.92, which finished only behind July 2022 total of $43,503,289.06. The 2022 sales totals of $1,552,324,820.37 2022 Totals: $1,552,324,820.37. billion mark at $1,552,324,820.37.

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New Frontier Data Study Foresees U.S. Cannabis Consumer Demographic Surging to 71 Million by 2030

Veriheal

market alone represents a significant share of the worldwide market and, taking into account new projections published by New Frontier Data , U.S. Published as part of the data firm’s annual market update—which was carried out alongside FTI Consulting—the “ 2022 U.S. The post New Frontier Data Study Foresees U.S.

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Americans Will Cultivate Over 4 Billion Grams Of Homegrown Cannabis in 2022

Veriheal

Despite the federal illegality of cannabis, lawmakers and state representatives have implemented successful medical and recreational cannabis programs across the nation. As of July 2022, 38 states in America have legalized medical cannabis, and 19 states and the District of Columbia have established recreational cannabis programs.

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California’s annual cannabis sales fell in 2022 for the first time since adult-use launch

Cannabis Law Report

Mj Biz Daily write Annual cannabis sales in California declined in 2022 for the first time since the state launched its adult-use market five years ago, according to state data analyzed by MJBizDaily. billion in taxable sales of recreational and medical marijuana last year, down 8.6% Retailers generated just over $5.3

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Headset New Report: Wave of State Legalizations Drives U.S. Market Forecast Up to $30B in 2022

Cannabis Law Report

Market Forecast Up to $30B in 2022. Headset , the leading provider of data and analytics to the cannabis industry, today released quarterly updates to its long-term forecasts for the legal U.S. market growth will not slow in the near future, with a higher YoY growth rate expected in 2022. between 2020 and 2022 from 57.5%