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5 Things to Watch in the Cannabis Industry in 2023

MJ Business Attorneys

As 2022 draws to a close, we are looking ahead to try and anticipate what 2023 has in store for the cannabis industry. Voters in five states were asked to consider legalizing adult-use cannabis and two states, Missouri and Maryland, voted to approve implementing adult-use cannabis programs. Missouri & Maryland.

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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. for the third-highest monthly total in 2023, behind March’s $29,018,805.60 Total 2023 medical cannabis sales reached $324,792,664.73, which was the lowest yearly total since adult-use legalization. May: $27,461,289.64

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Illinois medical cannabis sales total $26.6M

Illinois News Joint

The Illinois Department of Public Health (IDPH) today released its October 2023 medical cannabis sales totals of $26,244,555.82, the first uptick since March 2023. Total 2023 retail sales by licensed medical cannabis dispensaries have totaled $271,357,790.69. in concentrates/infused products. February: $26,652,042.97

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Illinois medical cannabis sales downward trend continues

Illinois News Joint

While Illinois’ adult-use cannabis market continues to set records, the monthly cannabis sales totals for Illinois’ Medical Cannabis Patient Program continues to decline. in concentrates/infused products. Total 2023 retail sales by licensed medical cannabis dispensaries totaled $245,113,258.87. in dry flower and $13,512,909.61

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Illinois medical cannabis sales lowest since March 2020

Illinois News Joint

The Illinois Department of Public Health (IDPH) recently released its November 2023 medical cannabis sales totals of $25,582,066.92. By comparison, in October 2023, licensed medical cannabis dispensaries served 62,618 unique patients, who purchased 1,271,270 grams of dry cannabis. in concentrates/infused products.

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Illinois April medical cannabis sales hit $28M

Illinois News Joint

The Illinois Department of Public Health (IDPH) today released its April 2023 medical cannabis sales totals. in concentrates/infused products. The current total number of active patients in the MCPP program as of April 30, 2023, is 137,498. Monthly Totals for 2023: January: $27,621,022.42 February: $26,652,042.97

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Academic Cannabis Conference sets presenter schedule

Illinois News Joint

Bell teaches Cannabis Law & Entrepreneurship in SLU’s Cannabis Science and Operations program. His indoor study utilizes vibration and high-stress training to illicit stress responses in the plant that will potentially improve the growth pattern and cannabinoid concentrations. 3:30 p.m. – 2:00 p.m. – 3:00 p.m. – 4:00 p.m. –