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January and February medical cannabis sales hover around $24M

Illinois News Joint

In January, Illinois dispensaries sold $11,505,949.92 in concentrates/infused products. Licensed medical cannabis dispensaries served 60,179 unique patients, who purchased 1,251,318 grams of dry cannabis. In February, Illinois dispensaries sold $11,474,605.18 in concentrates/infused products. March: $29,018,805.60

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March medical cannabis sales reach $25.9M

Illinois News Joint

In March, Illinois dispensaries sold $12,245,278.55 in concentrates/infused products. Licensed medical cannabis dispensaries served 62,518 unique patients, who purchased 1,343,762 grams of dry cannabis. Total retail sales since November 2015 by licensed medical cannabis dispensaries totaled $2,038,247,899.49.

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Trulieve Deposits Another $5 Million Into Florida 2024 Initiative Says Cannabis Business Times

Cannabis Law Report

Florida-based cannabis giant Trulieve recently doubled its contribution to the Smart & Safe Florida political committee with another $5 million toward a 2024 ballot initiative to legalize adult-use cannabis. 1, 2024, with election officials needing 30 days to check signatures before that deadline.

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In Case You Missed It: Key Marijuana Law Developments in 2022

The Blunt Truth

It has already been a busy year for marijuana law! Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. The moratorium extends to processing and issuing new licenses for: Dispensaries. The moratorium expires March 31, 2024.

Law 111
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Minnesota Cannabis? You Betcha!

Canna Law Blog

Similar to other states that have recently legalized adult-use cannabis, Minnesota’s new law establishes possession limits, allowing up to two pounds of cannabis flower in private residences and two ounces in public. The bill also sets caps of 800 milligrams for edibles and eight grams for concentrates.

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Colorado’s Online Cannabis Market, Florida’s Legalization Push, & a Psilocybin Drug Under Development

Veriheal

Colorado lawmakers hope the new law will help reduce the cannabis industry’s reliance on cash transactions. In Colorado and other legal states, cash surpluses in dispensaries have made them prime targets for robbery. Adults would be allowed to purchase and possess up to 3 ounces of cannabis or 5 grams of concentrate for personal use.

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In Case You Missed It: Key Marijuana Law Developments in 2022

Cannabis Law Report

It has already been a busy year for marijuana law! Governor Kevin Stitt signed legislation enacting a moratorium on some new medical marijuana licenses, effective on August 1, 2022 and ending August 1, 2024. The moratorium extends to processing and issuing new licenses for: Dispensaries. The moratorium expires March 31, 2024.

Law 52