article thumbnail

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

article thumbnail

Another California Cannabis Enforcement Program That Won’t Work

Canna Law Blog

Earlier this week, California’s Attorney General Rob Bonta announced yet another cannabis enforcement program: the Cannabis Administrative Prosecutor Program (CAPP). Will the new enforcement program make a dent in the illegal market? You would think that this would make enforcement easy, but you’d be wrong.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Will Georgia Legalize Cannabis? GA Medical Cannabis Program Explained

Veriheal

All eyes are on Georgia’s medical cannabis program as it continues to grow. The History of the Georgia Medical Cannabis Program Georgia’s medical cannabis program started sales this past spring. In April 2019, House Bill 324 was approved, enabling in-state cultivation and the sale of low-THC oil.

article thumbnail

Tax Practitioners’ Meeting includes Section 280E cannabis deduction

Illinois News Joint

The Illinois Department of Revenue (IDOR) today hosted the 2023 Tax Practitioners’ Meeting and PowerPoint presentation. 1, 2023, Cannabis industry businesses will be able to deduct business expenses that otherwise cannot be deducted federally pursuant to Section 280E of the Internal Revenue Code.

article thumbnail

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. Monthly Totals for 2023: January: $27,621,022.42

article thumbnail

nuEra Cannabis becomes vertically integrated

Illinois News Joint

Ieso holds one of only 20 full-scale cultivation licenses in the state. As part of the acquisition process, nuEra has been working with the Ieso team to revamp cultivar selection, cultivation practices, and sales and marketing strategies at the facility since early 2023.

article thumbnail

Foley Hoag: New York Lawmakers Approve Bill to Provide Conditional Adult-use Cultivator and Processor Licenses

Cannabis Law Report

As entrepreneurs and consumers eagerly await the implementation of New York’s adult-use program, lawmakers are taking steps to allow New York to effectuate its adult use cannabis program faster. Conditional Adult-Use Cultivator License. Such authority to minimally process and distribute cannabis products expires on June 1, 2023.