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Illinois 2024 recreational cannabis sales top $1.72B

Illinois News Joint

The Illinois Department of Financial and Professional Regulation (IDFPR) and the Pritzker Administration today announced recreational cannabis sales. The December 2024 totals of $153,249,701.54 Sales taxes collected at Illinois cannabis dispensaries totaled more than $490 million in 2024, per the Illinois Department of Revenue.

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Florida’s Cannabis and Hemp Landscape: Key Regulatory Changes to Watch

Canna Law Blog

New recreational marijuana legalization initiative A new initiative , sponsored by Smart & Safe Florida , aims to legalize recreational marijuana for adults 21 and older, allowing possession, purchase, and use for non-medical purposes. Stay tuned for further updates as these legislative efforts progress.

Hemp 64
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The Rise of Anti-Legalization Efforts

Veriheal

This policy ensured significant penalties and incarceration for possession, cultivation, and trafficking for anyone found guilty in the U.S. The legalization of weed for adults 21 and over has opened the floodgates, prompting 24 states to establish their own recreational, adult-use laws. Current Anti-Legalization Efforts in the U.S.

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Medical Program Decline

Canna Care Docs

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. By early 2024, this number had plummeted to below 56,000.

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Another Tory Says Let’s Get A Move On With Cannabis – UK’s drug policy is “hopelessly out of date,”

Cannabis Law Report

He added the UK’s drug policy is “hopelessly out of date,” as it’s still governed by the infamous 1971 Misuse of Drugs Act. Also, while the country’s market is about to reach £1 billion in value by 2024, “with the right regulatory framework, it could be greater.”. Dr Poulter wrote: “The law views cannabis as a “street drug”.

Policy 105
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Marijuana Election Results 2024: Did marijuana pass?

PrestoDoctor

Results 2024: Florida, Dakotas, and Nebraska Ballot Outcomes In the 2024 elections, marijuana legalization initiatives took center stage in several states across the U.S., with voters making significant choices on both recreational and medical marijuana policies. appeared first on PrestoDoctor.

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Recreational Cannabis Legalization in Germany? Medical Cannabis Businesses and Investors Hope So

Veriheal

Companies in similar avenues look set to harvest substantial rewards if Germany’s market shifts to a recreational focus. Although Germany’s medical cannabis policy is in its early stages, it still outshines other European cannabis markets due to its colossal growth. The post Recreational Cannabis Legalization in Germany?