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Illinois 2024 recreational cannabis sales top $1.72B

Illinois News Joint

The December 2024 totals of $153,249,701.54 Illinois dispensaries in December 2024 also recorded the most cannabis products sold in a month at 4,515,972 and the highest in-state-resident sales at $120,76,516.83. Illinois again set a new annual-sales total in 2024 at $1,722,755,856.37, which outpaced 2023 totals of $1,634,982,020.74.

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Intoxicating Hemp Swindle

Project CBD

Gavin Newsom in September 2024, which banned any detectable amount of THC in hemp products (including Delta-8 and Delta-9). It was crafted to provide accountability and transparency throughout the supply chain with lab testing, track-and-trace programs and tax collection mandated. The hemp market remains chaotic and opaque.

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Marijuana Policy Project (MPP) Reports Says States Have Collected $US10 Billion In Cannabis Taxes So Far

Cannabis Law Report

Since 2014 when sales began in Colorado and Washington, legalization policies have provided states a new revenue stream to bolster budgets and fund important services and programs. Eight of the laws were approved in 2020 or 2021, and in seven of those states, sales and tax collections have not yet begun. Here’s what they say.

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MAPS Is Pushing For FDA Approval Of MDMA-Assisted Therapy

Veriheal

Colorado recently passed legislation allowing for “healing centers” utilizing shrooms to start opening as soon as 2024, and Oregon is trending in a similar direction. There is hope for the future, but rescheduling MDMA and subjecting it to rigorous testing and policy considerations are still necessary steps.

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Pritzker touts $1 billion in cannabis sales and social equity efforts

Illinois News Joint

The press release stated, “This milestone was achieved nearly two weeks faster in 2024 compared to 2023, when the $1 billion sales mark was not reached until July 10. Additionally, Fiscal Year 2024 saw total cannabis sales exceed $2 billion, which represents an increase from Fiscal Year 2023 ($1.9 billion) and Fiscal Year 2022 ($1.8

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Marijuana Laws Impacting Employers Spread Like a Weed in 2021: A Year in Review

The Blunt Truth

Every year, employers find themselves revisiting their marijuana and drug testing policies to account for newly enacted laws at the state and local level. At that time, many employers will be prohibited from taking certain actions in the absence of clear policies addressing marijuana use or evidence of impairment. Now is no different.

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Europe’s Cannabis-Friendly Hotspots Could Trigger an Economic Shift 

Veriheal

These countries have the collective potential to spark economic transformation across the EU, which has been bludgeoned by financial downfalls since the COVID pandemic; GDP sunk 6.3% In Germany, legal recreational cannabis sales are slated to launch by the end of 2024. at the end of 2020. billion) by 2027.