This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As debates heat up over recreational cannabis, all eyes turn to Ohio and its potential legalization. Ohio, often viewed as a bellwether state, now faces a defining question: Will it join the growing roster of states opting to launch legal recreational marijuana markets? in recent years. Passions run deep on both sides.
Interestingly enough, the New York Times released an article in September of 2024, whereby a 1973 audio recording was unearthed of Nixon declaring he knew cannabis is not particularly dangerous, despite affecting millions of lives and families due to his policies ever since. Along with Adult-Use legalization in many states in the U.S.,
The Decline of Medical Marijuana in Massachusetts: What It Means for Patients In recent years, Massachusetts, once a pioneer in cannabis reform, has seen its medical marijuana program gradually overshadowed by the booming recreational market. The program aimed to provide safe, legal access to cannabis for patients with chronic conditions.
Youngkin is also suggesting that the Virginia Department of Agriculture and Consumer Services commissioner gains access to stores that are certified to legally sell regulated hemp products as a way of outruling any violations and securing samples for inspection. Lawmakers have proposed a 2024 target date for legal sales to finally commence.
The retail store opened at a new location May 15, 2024 (with a grand opening on from 1-4 p.m. July 22) and serves medical and recreational consumers. For a live recreational menu, visit here. The friendly recreational and medical marijuana dispensary staff can help customers and patients select products that are right for them.
There has been a sequence of closures of cannabis businesses over the past year, which potentially means less access to cannabis as well as changes to the cannabis industry. According to the Washington DC police department website , cannabis is legal for both medicinal use and recreational use within certain boundaries. Wondering why?
The retail store opened at a new location April 24, 2024, and serves medical and recreational consumers. For a live recreational menu, visit here. Verilife dispensaries provide access to a diverse selection of quality cannabis products,” a Verilife spokesperson said. Hours of operation are 8 a.m.-10 seven days a week.
states and the District of Columbia currently have legal cannabis, medical or recreational. It prohibits cannabis possession, use, purchase, sale, or cultivation, whether for recreation or medical purposes. Kansas Kansas prohibits cannabis use for both medical and recreational purposes. Like Idaho, CBD with less than.3%
Trulieve gathered petition signatures to put recreational cannabis on Florida’s 2024 ballot, Germany released a legalization bill draft, and a bipartisan push aims to fix the Department of Defense’s hiring problem. Florida Takes Important First Step in Fight for Recreational Use—So, What Now?
Due to the lack of regulation akin to legal medical or recreational marijuana sales, delta-8 can often be found in gas stations, smoke shops, and similar establishments. The use of delta-8 products is significantly higher in states without access to legal cannabis products, which led researchers to a few key conclusions.
Germany To Finally Legalize Marijuana In a historic move, Germany is finalizing plans to legalize recreational cannabis. The legalization of cannabis possession and cultivation will take effect on April 1st, 2024, and the establishment of clubs will begin around July 1st, 2024.
billion in cannabis spending by 2024. projects as the leading marijuana market in the world by sales in 2024. billion derived from recreational marijuana, up from $5.9 billion derived from recreational marijuana, up from $5.9 marijuana spending by 2024. billion by 2024. billion by 2024. MF report.
Virginia lawmakers on Saturday narrowly approved compromise legislation legalizing a commercial recreational marijuana program that could generate nearly $1.5 1, 2024 start. 1, 2024 enactment date for the law. A scheduled 2024 market launch would be a year later than what Northam wanted. View original article.
billion by 2024, according to a report published in 2020 by Prohibition Partners. Although recreational cannabis still has not been approved. In a press event, public health minister, Anutin Charnvirakul said that the ministry would promote medical cannabis to help people access treatment safely and within the law.
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.” Harvest Health & Recreation Inc.: $1.7 Let’s explore. Green Thumb Industries Inc.
OTC PINK:NTRR) has announced it is acquired Deity Wellness, a company focused on the recreational use of hemp-based products. Delta-8 THC and recreational hemp-based CBD should open a strong new source of sales and revenues as we can now serve those wanting medicinal relief and those seeking pleasure.’ About Neutra Corp.
Mississippi is on the verge of seeing legal access to medical cannabis. Should citizen petition Initiative 65 pass, qualifying patients with one of 22 qualifying conditions would have legal access to cannabis. Arizona Has its Sights on Recreational Cannabis. New Jersey May Soon Go Recreational . One is Issue I-190.
The number of active medical cannabis patients also follows an upward trend each year, peaking in February 2024 at 143,143 and hovering around 140,000 since. in November 2024 and bottomed out September 2024 at $21,699,338.80 for the lowest monthly total since before recreational legalization.
If the proposal — which was sponsored by Rules Committee Chairman Bill Rabon (R) — is enacted into law, patients who are diagnosed with a “debilitating medical condition” could legally gain access to medical cannabis in North Carolina. In regards to recreational cannabis, 18 states have enacted legalization. . With more U.S.
Also, according to officials in the state, Smart & Safe Florida ’s recreational cannabis legalization petition had gotten enough signatures to be approved in June. However, new polls have suggested that recreational cannabis might face a lot of opposition on the 2024 ballot. 60% agree, 29% disagree, and 11% are not sure.
Healthcare expenditure estimated by 2024. Estimated Prevalence of cannabis users by 2024. Legal with license; Recreational use remains illegal. Core Market Segments: Research & development, medical cannabis products (oils), healthcare and recreational cannabis tourism. in the 1970. Healthcare expenditure 2018.
Colorado, along with the state of Washington that same year, was the first state to legalize recreational marijuana in 2012. However, the city of Colorado Springs has opted out of the sale of recreational marijuana despite how cannabis-progressive the rest of the state around them has been for years.
The Company has three fully licensed and operational facilities and is currently distributing cannabis through medical and recreational sales channels. GTEC’s premium quality recreational cannabis brands includes; BLK MKT , Tenzo , Cogn?scente Trading will commence on July 12, 2021. GTEC Cannabis Co. www.gtec.co. 1-800-351-6358.
The cannabis available in the state is not considered worthy of medical or recreational status according to consumers throughout Virginia. Furthermore, legal access to retail cannabis dispensaries is not expected until 2024 or later. Retail consumers have absolutely no access at this time.
Georgia is facing medical cannabis growing pains, a New Hampshire commission was tasked with studying recreational legalization, and U.S. Governor Sununu Leads Charge on Recreational Legalization New Hampshire Governor Chris Sununu has signed a bill establishing a commission to study the legalization of recreational cannabis.
On July 1, recreational marijuana became legal for adult use in Virginia. million in 2024 and $38.4 WTKR reports. Governor Ralph Northam announced appointments to the three newly-created boards that oversee marijuana legalization in Virginia. Shane Emmett of Midlothian, Co-Founder and Former Chief Executive Officer, Health Warrior.
Another vote will finalize the legal framework of the program that will hopefully be functioning by 2024. Nearly all of America has some form of legal access to cannabis. Now, Virginia has the chance to recognize this deterred past and make a positive change for the future by legalizing the freedom for recreational use.
Virginia state lawmakers are calling for an earlier start to licensed sales of recreational marijuana, arguing that the delay between the legalization of cannabis possession and the launch of regulated retailers will encourage illicit sales. Then they get access to a social equity license.
To join the meeting, click here or join by phone at +1-312-535-8110 with Access Code number 2633 070 6422 and Password UXjumiAt553. The Medical Cannabis Advisory Board has set its third meeting date for August 2024. The virtual MCAB meeting is set for 1:00-3:00 p.m. Monday, March 11.
Medicann is a premier cannabis-specialized clinic, providing patients with access to local specialist doctors and pharmacists that have experience prescribing cannabis-based medication. By 2024, the medicinal cannabis market within the United Kingdom is predicted to be worth nearly US$1.3 in real terms to £4.97
Numerous states in 2021 also enacted legislation expanding medical cannabis access and stimulating greater diversity among licensed marijuana businesses. “As With respect to medical cannabis policies, numerous legislatures took steps in 2021 to expand patients’ access to marijuana products. MEDICAL MARIJUANA ACCESS. EXPUNGEMENT.
billion in global spending by 2024, which will be a 300% increase from 2019, according to a report from Arcview Market Research & BDS Analytics. Just look at Pennsylvania, a medical-only cannabis state (it isn’t legal for non-medical, recreational adult-use). A cannabis real estate boom is likely to follow.
per ounce of fresh cannabis plant, and these taxes are paid on all recreational and medicinal cultivation of cannabis. Despite the tax cut, a recent analysis found that removing the cultivation tax would actually increase overall tax revenue from cannabis sales by 123 percent by 2024 due to an expected increase in sales.
It seems likely that 2024 will bring a decision on re-scheduling, either for or against, so stay tuned for that. The Georgia Access to Medical Cannabis Commission discussed the issue at their most recent meeting. Look for more on this in 2024 also. Cannabis advocates were quick to point out flaws in the letter’s reasoning.
Jenn Michelle Pedini, the executive director of the Virginia chapter of the National Organization for the Reform of Marijuana Laws (NORML), said in a press release that the change will make patients’ medicine accessible in the form many prefer. Both bills would legalize the production and sale of recreational marijuana by 2024.
It’s clear that the governors in both states have been feeding false promises to prospective consumers, all of whom are still enduring a tedious wait to legally purchase recreational bud. Kathy Hochul signed legislation establishing a conditional cultivation and processing recreational licensing structure. New Jersey Gov.
For all the positive change with consumers and revenue-starved state officials, serious obstacles remain – lack of banking access, federal prohibition and medical-establishment skepticism, among others. billion in annual medical and recreational cannabis sales by 2024. 1, 2024, start. 1, 2024, start.
As a first in UK media, the investment would give Cannaray’s flagship wellness CBD brand access to a “high-reach upmarket TV audience” in the UK. Moreover, if the UK were to legalise cannabis – with recreational sales starting in 2024 – this would bring the market’s size to more than £1 billion in the UK alone.
Tilray’s Leading European Footprint and Market Leadership in Germany Positions the Company to Seize Recreational Cannabis Opportunity. This ‘current value plus upside’ model is the backbone of the pursuit of our target of delivering $4 billion in revenue by the end of fiscal 2024. NEW YORK, Nov. Strong Presence in the E.U.:
California stands as a primary example in facing, maintaining, and boosting all things related to the cannabis industry, from legalization to delivery services, for both medical and recreational use. It’s a development that promises to streamline operations for cannabis delivery companies and enhance accessibility for patients.
While sales will not begin until 2024, Virginia lawmakers decided to move forward immediately with decriminalizing cannabis this year, hoping that the marijuana law would reduce crime. “A The research to this point indicates marijuana laws have reduced crimes while making cannabis accessible to millions.
hemp growers access to premium and exclusive high-CBD, low-THC cultivars. CBD market to exceed $20 billion by 2024. federal law requires that tetrahydrocannabinol (THC) levels in hemp crops be below 0.3%. The Company, along with its genetics partners, intends to offer U.S. It is anticipated that Segra’s U.S. About Segra International.
billion by 2024 from practically nothing today. Yet to claim that title, it must move fast to pass legislation making pot legal for recreational use. He’s seeking to remove restrictions that have made it difficult for even those approved for medical marijuana to easily access cannabis, he said in a June 21 party statement.
Recreational cannabis alone is predicted to exceed $40-billion (R619-billion) in annual sales by the year 2026, he said. According to Statista, the US is the globe’s biggest and most sophisticated cannabis market valued at US$61-billion (R927-billion). billion (R135-billion) by 2028.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content