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Illinois officials recently released the Annual Cannabis Report for Fiscal Year 2024. IDOA updates and initiatives for FY2024 include: State cannabis testing laboratory is projected to become operational prior to the end of calendar year 2024. Hemp Rules on second notice to be approved by end of 2024.
Ayr President George DeNardo said Thursday during the companys fourth-quarter and full-year 2024 earnings call that Ayr will prioritize other markets to make sure it can deliver for its other business and stated that the company doesnt have the necessary scale in Illinois to compete over the long term, Green Market Report reported.
For 2024, we have added more advertising options, new services, and updated our logos and website. The two new services include News Joint Events and News Joint Consulting. News Joint Cannabis Events is the cannabis-friendly events planning and consulting service from Illinois News Joint.
12, 2024, meeting in Springfield. percent THC the cultivator may remediate the lot by shredding, blending, or sorting the plant material in a manner that reduces the THC concentration to an acceptable level, and then have it retested. To find cannabis-friendly events in Illinois, visit here. Samples that test higher than 0.3
Total retail sales for 2024 reached $147,266,853.89. Total 2024 wholesale sales by cultivation centers reached $$188,831,154.06, and total wholesale sales since November 2015 by cultivation centers totaled $3,633,472,736.20. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 May: $24,413,018.67
For 2024, retail sales by licensed medical cannabis dispensaries finished at $285,059,601.92. The 2024 totals continued a 3-year downward trend for yearly totals, dropping below $300 million for the first time since 2019. The 2024 totals dropped nearly $40 millions from the 2023 totals of $324,792,664.73. February: $24,427,904.62
to outpace January and February totals but was still lower than the last four previous March totals and all but one monthly total in 2024. Total wholesale sales by cultivation centers in 2025 hit $83,090,340.57, and total wholesale sales since November 2015 by cultivation centers finished at $4,181,971,650.82. May: $24,413,018.67
Total retail sales for 2024 reached $215,829,673.13. Total 2024 wholesale sales by cultivation centers reached $276,507,158.52, and total wholesale sales since November 2015 by cultivation centers totaled $3,818,502,824.62. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 May: $24,413,018.67
Only June 2024 (the previous month) medical cannabis sales totals of $23,105,926.95 Total retail sales for 2024 reached $170,617,973.63. Total 2024 wholesale sales by cultivation centers reached $$219,974,409.95, and total wholesale sales since November 2015 by cultivation centers totaled $3,697,827,191.27.
Total retail sales for 2024 reached $99,749,327.83. Total 2024 wholesale sales by cultivation centers reached $129,966,963.40, and total wholesale sales since November 2015 by cultivation centers totaled $3,507,427,930.76. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 March: $25,917,010.11
Total retail sales for 2024 reached $194,130,227.26. Total 2024 wholesale sales by cultivation centers reached $249,702,549.44, and total wholesale sales since November 2015 by cultivation centers totaled $3,759,016,364.50. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 May: $24,413,018.67
27, 2024, and serves recreational consumers. Our Mission at Parkway Dispensary is to provide an unparalleled customer experience that cultivates lifelong connections. Parkway also has a retail store in Forest Park (opening soon) and Tilton , which includes Mollys Joint , a smoking lounge, and outdoor events area.
November totals jumped up to $23,534,153.65, the highest monthly totals since May 2024. Total 2024 retail sales by licensed medical cannabis dispensaries reached $261,573,052.74, and total retail sales since November 2015 by licensed medical cannabis dispensaries reached $2,225,138,245.22. Monthly Totals for 2024: January: $24,338,551.30
Total retail sales since November 2015 reached $304,592,649.30, and 2019 total wholesale sales by cultivation centers finished at $24,530,517.45. Total wholesale sales since November 2015 by cultivation centers hit $169,937,959.91. Monthly Totals for 2024: January: $24,338,551.30 2024 Yearly Totals: $285,059,601.92
Total retail sales for 2024 reached $74,682,676.11. Total 2024 wholesale sales by cultivation centers reached $99,268,930.28, and total wholesale sales since November 2015 by cultivation centers totaled $3,441,143,301.70. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 March: $25,917,010.11
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. To find cannabis-friendly events in Illinois, visit here.
Total 2024 retail sales by licensed medical cannabis dispensaries reached $238,039,128.10, and total retail sales since November 2015 by licensed medical cannabis dispensaries reached $2,201,604,035.58. Monthly Totals for 2024: January: $24,338,551.30 To find cannabis-friendly events in Illinois, visit here. March: $25,917,010.11
In July 2024, cannabis businesses across the state gained access to a centralized system, which, according to IDOA, will significantly modernize how product and vehicle registrations are handled. As of August 2024, all product and vehicle registrations must be completed through the online portal.
Total retail sales for 2024 reached $48,765,439.01. Total 2024 wholesale sales by cultivation centers reached $66,850,312.73, and total wholesale sales since November 2015 by cultivation centers totaled $3,373,608,900.01. Monthly Totals for 2024: January: $24,338,551.30 February: $24,427,904.62 March: $29,018,805.60
SB1723 deletes the provision that states any person or entity awarded a craft grower license under specified provisions “shall only hold one craft grower license” and removes language providing that a craft grower shall not be located within 1,500 feet of another craft grower but leaves in the restriction for “a cultivation center.”
Kind Meds is proud to participate in the Best in Grass (BiG) Awards Arizona 2024 , the premier cannabis competition identifying and awarding the best licensed cannabis products in the state. Quick Details: November 23, 2024: Kits go on sale! Awards Show: The winners are crowned at a live, Oscars-style event, co-produced with MITA.
Monthly totals for 2024 are trending the same. Total retail sales for 2024 reached $124,161,781.34. Total 2024 wholesale sales by cultivation centers reached $158,572,075.15, and total wholesale sales since November 2015 by cultivation centers totaled $3,569,737,332.98. in dry flower sales and $12,720,357.56
Total wholesale sales by cultivation centers in 2025 hit $53,377,743.10, and total wholesale sales since November 2015 by cultivation centers finished at $4,116,822,275.07. Monthly Totals for 2024: January: $24,338,551.30 2024 Yearly Totals: $285,059,601.92 Monthly Totals for 2024: January: $24,338,551.30
Revolution Maryville, owned and operated by Illinois-based cultivator Revolution Cannabis , opened its doors Feb. We are eager to share knowledge and premium products from Revolution brands, including Revolution Cannabis, Tales and Travels, and other top cultivators in the state.” Monday through Saturday and 10 a.m.-6
The retail store opened May 3, 2024, and serves recreational consumers. According to Cookies, “Cookies is the most globally recognized cannabis company, founded in 2010 by Billboard-charting rapper and entrepreneur Berner and Bay Area breeder and cultivator Jai. To learn about cannabis-friendly events in Illinois, visit here.
With our educational Know Your Brand series, we are trying to let our readers and followers know about the many new brands and products coming to Illinois in 2024. One of those brands with new products is Cannect Wellness , a premium craft cannabis cultivator and product manufacturer. Cannect Wellness was founded in Illinois in 2020.
percent THC the cultivator may remediate the lot by shredding, blending, or sorting the plant material in a manner that reduces the THC concentration to an acceptable level, and then have it retested. Industrial hemp cultivators must file their final annual reports by Dec. To find cannabis-friendly events in Illinois, visit here.
The new law allows for the uncoupling for “state tax deductions” for any cannabis establishment operating in this State and licensed under the Cannabis Regulation and Tax Act or any cannabis cultivation center or medical cannabis dispensing organization operating in this State and licensed under the Compassionate Use of Medical Cannabis Program Act.
Happy 2024 – let’s start the year off with a shout-out to Colorado, where the retail market is celebrating an anniversary. As of January 2024, 24 states have legalized adult-use cannabis; over half the US population lives in a state where it is legal. As always, further bulletins as events warrant. million in taxes and fees.
The Academic Cannabis Conference , produced by News Joint Events , is pleased to announce its full presenter lineup and schedule. at the Garden Grove Event Center in Carbondale on May 4. Sharma’s studies aims to offer strategic insights to inform cultivation practices and optimize cannabinoid production. 3:30 p.m. – Marialle A.
The live audio webcast will be accessible in the Events & Presentation section on the Company’s Investor Relations website at [link]. An archived replay of the webcast will also be available shortly after the live event has concluded. Eastern Time. About Tilray. Tilray, Inc. For more information, visit: www.Tilray.com.
House Bill 4164 would amend the Cannabis Regulation and Tax Act and the Administrative Procedure Act and provide that by January 1, 2024, the Department of Agriculture shall adopt emergency rules to “begin accepting applications for the conversion of transporting organization licenses to third-party transporting organization licenses.”
Ford , “Provides that premises may be shared between up to 3 craft growers, an infuser organization, a cultivation center, a dispensing organization, or any combination thereof, provided that specified requirements are met.” House Bill 0025 , also sponsored by Ford, “Raises specified square footage requirements for craft growers.
With additional authorized shares, Tilray is now able to accelerate its progress towards its goal of delivering $4 billion in revenue by the end of fiscal 2024 by taking full advantage of its competitive differentiators and executing on its strategy. Executing on Strategic Growth Plan. with the goal of generating $1 billion in revenue.
Home cannabis cultivation, on the other hand, would be forbidden. In the event that North Carolina’s medical cannabis bill becomes effective in the near future, the number of medical cannabis suppliers who are allowed to manage the plant’s sale and cultivation would be capped at 10.
That deadline is officially extended to March 31, 2025, for all cultivation centers, craft growers, and infusers. Products registered prior to August 2024 are considered legacy product registrations. To find cannabis-friendly events in Illinois, visit here. For Illinois News Joint reviews, visit here.
Total wholesale sales by cultivation centers in 2025 hit $26,600,185.42, and total wholesale sales since November 2015 by cultivation centers finished at $4,059,953,762.14. Monthly Totals for 2024: January: $24,338,551.30 2024 Yearly Totals: $285,059,601.92 Monthly Totals for 2024: January: $24,338,551.30
22, 2024, for “establishing a process through which craft cannabis growers may apply to DOA ( Illinois Department of Agriculture ) to increase canopy space in increments of 3,000 square feet up to the maximum allowed under the Act for craft growers (changed since 1st Notice from a maximum of 14,000 square feet).”
A combination of well-defined organic growth initiatives combined with acquisitions and partnerships would afford us a unique opportunity to expand our business globally and grow into the unquestioned industry leader, with $4B in revenue by the end of our fiscal year 2024.
The initiative gained enough signatures to appear on the 2024 ballot, but the Florida Supreme Court has to sign off, ensuring that the measure is understandable to voters and contains only one subject. Further bulletins as events warrant. ALABAMA An update on last week’s piece on Alabama’s medical licensing woes.
State licensed cannabis dispensaries adhere to strict protocols for cultivation, processing, and distribution to ensure the safety and well-being of consumers. There are also licensed cultivators, infusers, craft growers, transporters and numerous ancillary cannabis businesses that support the industry.
To find cannabis-friendly events in Illinois, visit here. Illinois proposed the new rule that allows craft grower to request an increase of 3,000, 6,000 or 9,000 square feet of canopy space in October 2023 and the new rules were adopted Feb. 1) A craft grower may request an increase of 3,000, 6,000 or 9,000 square feet of canopy space.
NASDAQ: FLGC) (“Flora” or the “Company”), an all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced it has closed the previously announced € 2M (two-million Euros) investment in Hoshi International Inc. MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. billion by 2028. billion by 2025.
NECANN served as a hub for a wide range of businesses in the cannabis industry, including dispensaries, cultivators, infusers, breeders, device manufacturers, activist groups, testing labs, HVAC and construction companies, and investment specialists. For info on becoming a 2024 exhibitor contact john@necann.com.
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