Veriheal

SEPTEMBER 22, 2021

A legislative committee voted vigorously in opposition to medical cannabis legalization in North Carolina six years ago, but things have changed a lot since then. In a groundbreaking moment on Tuesday, August 24, North Carolina Senate committee voted in approval of a revised bill to legalize medical cannabis statewide.

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Illinois News Joint

JULY 5, 2024

May totals dropped to $23,105,926.95, the lowest monthly sales total since before Illinois legalized recreational cannabis (January 2020). Total retail sales for 2024 reached $147,266,853.89. Monthly Totals for 2024: January: $24,338,551.30 In June, Illinois dispensaries sold $11,112,600.33 in concentrates/infused products.

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Cannabis Life Network

JULY 5, 2023

Maryland has begun legal cannabis sales eight months after voters approved a ballot measure. Other licenses will begin getting issued in 2024. Residents can cultivate up to two plants for personal use. Residents can cultivate up to two plants for personal use. Maryland defines adults as 21 and older, limiting them to 1.5

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Veriheal

FEBRUARY 5, 2024

Germany has plans to introduce cannabis to citizens, Maryland is creating a new psychedelic task force to study potential legalization, and Alaskans are considering psychedelics as an innovative new treatment for mental health issues. Additionally, the legal possession limit has been raised from 25 grams to 50 grams of cannabis.

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Illinois News Joint

AUGUST 12, 2024

were the second-lowest monthly sales total since Illinois legalized recreational cannabis (January 2020). 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. Monthly Totals for 2024: January: $24,338,551.30 July totals of $23,351,249.87

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Illinois News Joint

SEPTEMBER 5, 2024

Monthly totals have hovered around $23 million for the past three months, which has been the top three lowest-monthly totals since Illinois legalized recreational cannabis (January 2020). Total retail sales for 2024 reached $194,130,227.26. Monthly Totals for 2024: January: $24,338,551.30 August totals reached $23,512,759.13.

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Veriheal

JUNE 9, 2023

Colorado is boldly moving to bring cannabis sales online, Florida’s attorney general put a damper on the state’s legalization push, and a Massachusetts biotech company began developing a psilocybin-based drug. Jared Polis signed a bill to legalize online sales of cannabis. Last week, Colorado Gov.

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Illinois News Joint

DECEMBER 17, 2024

REGULATE INTOXICATING HEMP The proliferation of intoxicating hemp products is undermining Illinois carefully crafted legal cannabis market. State licensed cannabis dispensaries adhere to strict protocols for cultivation, processing, and distribution to ensure the safety and well-being of consumers.

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Illinois News Joint

FEBRUARY 18, 2024

The Illinois cannabis industry continues into its fifth year of legalization, and the business markets is not slowing down. Ieso holds one of only 20 full-scale cultivation licenses in the state. NuEra has also announced plans to open a new dispensary in DeKalb by spring 2024.

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Veriheal

SEPTEMBER 9, 2021

Rather than a ballot initiative , Connecticut, New Mexico, New York, and Virginia legalized the plant for adult-use purposes via a legislative process. They follow in the footsteps of Vermont, which became the first legislative-driven legal cannabis state back in 2018. Legal Cannabis Business Framework .

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Illinois News Joint

MARCH 29, 2024

Each monthly total marked the lowest January and February totals since legalization in Illinois. 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.

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Cannabis Law Report

SEPTEMBER 17, 2022

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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Veriheal

OCTOBER 9, 2020

Cannabis legalization is happening regardless of the US federal government’s draconian stance on the subject. Despite cannabis remaining against the law on a federal level, many states have been allowing the sale, cultivation, and consumption of cannabis, with more states joining all the time.

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Cannabis Law Report

FEBRUARY 19, 2022

While cannabis legalization moves full steam ahead through much of the Northeast, the southeastern U.S. As such, we thought we’d take a moment to round up the status of cannabis legalization in the South, an area worth watching. has been notably slow to uptake major reforms.

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Veriheal

APRIL 1, 2022

The German federal government may only have legalized cannabis for medical purposes back in 2017, but the market has already earned enough appeal for big-name players to get involved. Now, as the country contemplates adult-use cannabis legalization , all eyes are on Deutschland. billion (USD$8.4 billion) by 2028. Numerous U.S.

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The Blunt Truth

MARCH 4, 2021

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Virginia legalized adult-use cannabis. A legalization bill moved forward in New Mexico. Sales won’t begin until 2024. legalized marijuana in 2014, but sales are illegal. virginia. connecticut.

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The Blunt Truth

JANUARY 5, 2024

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Happy 2024 – let’s start the year off with a shout-out to Colorado, where the retail market is celebrating an anniversary. The DEA is conducting a review of cannabis scheduling. million in taxes and fees.

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Illinois News Joint

NOVEMBER 25, 2024

In fact, only one cannabis-related bill, House Bill 1443 (HB1443), has been passed since recreational legalization in January 2020. Since then, not one topic mentioned in the 6-part series has been addressed legislatively or otherwise. Legislators and stakeholders are looking to pass the bills during the lame-duck session in January 2025.

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Canna Care Docs

MARCH 27, 2025

The program aimed to provide safe, legal access to cannabis for patients with chronic conditions. Shift to Recreational Focus The landscape changed dramatically with the legalization of recreational marijuana in 2016. By early 2024, this number had plummeted to below 56,000.

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Cannabis Law Report

AUGUST 18, 2021

As we previously reported , on February 22, 2021, New Jersey Governor Phil Murphy signed three separate cannabis reform bills into law ( NJ A21 , NJ A 1897 , and NJ A5342/NJ S3454 ), formally legalizing the use and possession of recreational marijuana in the Garden State. Other jurisdictions are catching up to the marijuana law frenzy.

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SpeedWeed

APRIL 7, 2021

Ralph Northam’s proposed changes to a marijuana legalization bill that will allow limited possession and cultivation of the plant starting in July of this year. It will be legal to possess one ounce, and grow four plants, on July 1. But retail stores will not open until 2024. Want it before 2024? And why is that?

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SpeedWeed

SEPTEMBER 1, 2021

Officials in the West African country of Nigeria discussed their thoughts regarding opposing cannabis legalization on Monday. Marwa continued to share how he thinks that cannabis legalization would only set Nigeria back. “We In response, Kano Governor Ganduje assured Marwa that no political figures in Kano would support legalization.

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Veriheal

APRIL 16, 2021

Virginia’s governor expedites the date for recreational legalization. New Yorkers are now free to enjoy the pleasures of cannabis, and the University of Connecticut launches cannabis cultivation courses for non-degree-seeking students. Virginia has moved up the date for adult-use cannabis legalization . Learn more here!

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Cannabis Law Report

SEPTEMBER 8, 2019

billion in cannabis spending by 2024. projects as the leading marijuana market in the world by sales in 2024. marijuana spending by 2024. billion by 2024. billion by 2024. billion by 2024. MF report. United States: $30.1 As should be no surprise, the U.S. In fact, the $30.1 billion last year. Canada: $5.18

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Veriheal

MARCH 27, 2025

Allowing the state to cultivate cannabis for in-state cardholders could be a transformative move for the states agricultural businesses. The number of medical cannabis patients in Iowa by the end of 2024 was right around 18,000. It ranks first in the state for soybean, corn, and pork production.

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Veriheal

APRIL 26, 2023

Topical hemp products can only legally be sold if they feature a label confirming that they are “not intended for human consumption,” with businesses being forced to pay a daily $500 fine for violations. Lawmakers have proposed a 2024 target date for legal sales to finally commence.

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Veriheal

APRIL 5, 2022

The Illinois high court has rejected a request to permit further licensing for craft cannabis cultivators for the state’s adult-use marijuana program, which launched in January 2020. Craft cannabis cultivation typically involves growing cannabis in small batches, and the farming practices used are organic and sustainable.

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Veriheal

JANUARY 1, 2024

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? Set rates too high, and legal sales become uncompetitive.

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Veriheal

NOVEMBER 28, 2022

In the two remaining states, Maryland and Missouri, voters approved the legalization of recreational marijuana. Arkansas (Issue 4, Recreational Legalization): REJECTED. Arkansas voters rejected Issue 4, which would have legalized adult-use cannabis. Arkansas legalized medical marijuana in 2016. . Starting Jan.

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Veriheal

MAY 4, 2023

In 2021, Luxembourg and Malta legalized home cannabis cultivation for personal use. The following year, the Czech Republic and German governments announced plans to develop a legal framework to establish a regulated market for recreational sales. or Canada, where the world’s first legal market rolled out four years ago.

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Cannabis Law Report

SEPTEMBER 10, 2021

cannabis market when federal legalization allows. 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.

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NORML

MARCH 14, 2020

doctors to fill out the state-legal medical marijuana recommendations. Legislation is pending, HB 2097 / SB 2024, which would authorize licensed medical cannabis facilities to sell edible products. Send a message to your lawmakers in support of home cultivation rights. Your Highness, Carly. Actions to Take. Presently, V.A.

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The Blunt Truth

JUNE 30, 2023

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. MARYLAND Last of the capital area jurisdictions to legalize; first to have a retail market. The CA State Fair Cannabis Awards today announced this year’s award-winning cultivars and cultivators from throughout California.

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SpeedWeed

FEBRUARY 27, 2021

Virginia lawmakers on Saturday narrowly approved compromise legislation legalizing a commercial recreational marijuana program that could generate nearly $1.5 1, 2024 start. Virginia would become the country’s 16th state and the first in the South to legalize adult-use marijuana as soon as Gov. billion-$1.4

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Cannabis Law Report

AUGUST 29, 2021

Together, we made a bold bet that: The strong trends towards cannabis legalization and broader consumer reach in our three key markets – Canada, International and the U.S. This is the foundation that will be so essential to getting us from our current combined retail market share in Canada of 16% to our goal of 30% share by fiscal year 2024.

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Cannabis Law Report

JUNE 24, 2019

Arcview Market Research and BDS Analytics have published the seventh edition of their “State of Legal Cannabis Markets” report. 40B in sales by 2024. The growth of the global cannabis market comes on the back of liberalization in existing markets and new countries introducing laws legalizing medical use.

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The Blunt Truth

APRIL 20, 2021

Beginning on July 1, 2021, the Virginia Cannabis Control Act (CCA) will allow those 21 years of age or older to possess up to one ounce of cannabis and to cultivate up to four cannabis plants per household for personal use. Retail sales will not begin until January 1, 2024.

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