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How Inflation is Affecting Cannabis: Prices, Closures, and the Job Market

Veriheal

According to a survey conducted by YouGov , almost 7 out of 10 cannabis consumers plan on spending the same amount, if not more, going forward in 2025. Prices of recreational weed are often a result of how long the state market has been around and how many cultivators it has operating.

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Illinois medical cannabis sales reach $22.1M

Illinois News Joint

The Illinois Department of Public Health (IDPH) today released its March 2025 medical cannabis sales totals. in concentrates/infused products. in concentrates/infused products. Monthly Totals for 2025: January: $21,459,882.77 Retail sales of medical cannabis for March reached $22,108,115.88 February: $19,748,199.87

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Getting High Probably Just Got More Expensive with Trump’s Tariffs

Veriheal

On April 2 nd , 2025, Liberation Day , the president of the United States announced sweeping tariffs affecting allies, neutral nations, and adversaries alike. Be it flower or concentrate, every cannabis product starts as a plant. These tariffs are still raising the prices of everyday goods, ranging from groceries to cars.

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Illinois monthly medical cannabis sales still slumping

Illinois News Joint

The Illinois Department of Public Health (IDPH) today released its February 2025 medical cannabis sales totals. This followed January 2025 totals of $21,459,882.77, which was the lowest total since July 2019. February 2025 medical cannabis sales included $9,625,137.04 in concentrates/infused products. March: $25,917,010.11

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Senate Bill 3940 filled with various cannabis regulations

Illinois News Joint

Craft grow changes include the repeal of provisions establishing cultivator taxes and craft grower taxes and a shared premises pilot program. The provision for the shared premises pilot program states, “The Department of Agriculture shall create a pilot program that shall allow craft growers to share premises with cultivation center.

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Illinois monthly medical cannabis sales dips to lowest since 2019

Illinois News Joint

The Illinois Department of Public Health (IDPH) released its January 2025 medical cannabis sales totals. in concentrates/infused products. 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.

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Illinois Hemp regulation battle continues

Illinois News Joint

One key provision addresses the definition of “THC” and the total concentration level limits of 0.3% Stakeholders in the hemp industry are concerned that SB392’s broad language has been written so poorly that it could ban all hemp products, including CBD.

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