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The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that recreational cannabis sales totals for March 2025 reached $147,485,559.04. Following February 2025 totals that dropped nearly $5 million from February 2024 totals, the March 2025 sales finished $1.4 February: $130,608,286.57
The Illinois Department of Financial and Professional Regulation (IDFPR) announced recreational cannabis sales totals for January 2025. After setting a new annual-sales total in 2024, Illinois kicked off 2025 with the highest January sales total since legalization. 2025 total monthly sales include: January: $140,191,240.27
The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that recreational cannabis sales totals for April 2025 reached $146,605,932.99, a slight drop from March 2025 totals but more than April 2024 totals. January-April totals in 2025 are at $564,890,186.85. in 2024 to $116,696,221.78
Unlike other states, Massachusetts has seen its medical program expand even after legalizing recreational cannabis. While patient enrollment peaked in 2020, current levels remain significantly higher than when recreational cannabis became legal in 2018. increase from the start of adult-use sales and only a 16.4%
New hemp extract rule takes effect Effective March 12, 2025, Floridas updated Hemp Extract Rule (Florida Administrative Rule 5K-4.034) introduces stricter packaging and marketing regulations. Hilary Cassel, also seeks to regulate hemp extract products. Stay tuned for further updates as these legislative efforts progress.
states with Adult-Use and recreational cannabis markets generate huge amounts of tax revenue from recreational sales. 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. This windfall shows no signs of slowing down either.
The Illinois Department of Financial and Professional Regulation (IDFPR) finally announced recreational cannabis sales totals for February 2025. February 2025 sales totals dipped to $130,608,286.57, nearly $5 million less than February 2024 totals of $135,571,931.44. 2025 total monthly sales include: January: $140,191,240.27
According to the Washington DC police department website , cannabis is legal for both medicinal use and recreational use within certain boundaries. In contrast to this recreational legality, there has been a recent stream of cannabis business shutdowns in DC. What Has Been Happening with Cannabis Businesses in DC?
Right now in 2025, if you’re a registered patient, you can buy up to 2.5 Looking Forward: Florida’s Cannabis Future I know a lot of my patients were disappointed when the recreational marijuana amendment didn’t pass in 2024. This bill would make that crystal clear in Florida law. And honestly? It’s not their fault.
The legalization of weed for adults 21 and over has opened the floodgates, prompting 24 states to establish their own recreational, adult-use laws. As we approach 2025, several factors are at playprimarily the federal government and the President , who will continue to create uncertainty on a wide variety of issues, not just cannabis.
These compounds found in cannabis plants have been making waves in wellness, medicine, and even recreation. Now, when it comes to medical vs. recreational use , there’s a clear divide. But in states where recreational cannabis is legal, you can buy THC products without a medical prescription.
The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that recreational cannabis sales totals for May 2025 reached $149,753,845.02, topping all other monthly sales totals in this year. In-state resident sales in May 2025 totaled $118,410,709.34. Out-of-state sales totaled $31,343,135.68.
Austin, TX, June 30, 2025 (GLOBE NEWSWIRE) — Area 52 today launches its nationwide fulfillment service, solidifying its position as the first online dispensary that ships to all states.
While Texas still prohibits recreational marijuana, it operates a medical marijuana program that has gradually expanded. billion in 2025. Employment is expected to rise to 53,300 jobs in 2025, up from 50,100 two years earlier. billion in 2025, up from $1.6 The state has long maintained strict marijuana laws , though.
The Office of the Illinois State Treasurer (Treasurer) this week issued a Request for Proposals (RFP) for banking services for cash processing of medical and recreational cannabis tax payments. June 4, 2025. May 19, 2025. Financial institutions that respond to this RFP shall submit their responses before 1 p.m.
This letter expresses that such actions must take place before President Bidens term came to an end in January 2025. John Hickenlooper (D-CO): The former governor of Colorado has played a pivotal role in implementing revolutionary recreational cannabis legalization in the state. In addition, Sen.
True freedom means having the right to choose plant medicine for healing or recreating without fear or punishment. 2025 , June 27). Retrieved June 27, 2025. At its core, 4/20 represents more than a celebration; it is a movement driven by education, empowerment, and intentional healing. Condé Nast Traveler. National Archives.
Cannabis Is Now Legal For Recreational Use In New York, Virginia, New Mexico, And Connecticut Following the legalization of cannabis in 2020 in USA states such as Montana, Arizona, New Jersey, South Dakota and Mississippi, several more states have recently voted to legalize the use of cannabis, such as New York, Virginia, New Mexico, and […].
The post Australia Cannabiz editor-at-large Rhys Cohen says “we might see majority support for the legalisation of recreational cannabis in Australia as soon as 2025” first appeared on Cannabis Law Report.
5 THC Products In 2025 That You Need To Try. As the popularity of recreational cannabis and psychoactive products grows, THC vapes, gummies, and shrooms. Have emerged as preferred choices for users seeking versatile and enjoyable ways to experience their effects. These products offer options that cater to a wide. Read More
On May 30, 2023, Governor Tim Walz signed legislation to legalize recreational use of marijuana for persons 21 years of age and older. Legal retail sales do not begin until early 2025. All changes to Minnesota’s medical marijuana program take effect on March 1, 2025.
In April 2023, Delaware became the 22nd state to legalize recreational cannabis with the passing of HB 1 and HB 2. ” Licenses for recreational dispensaries will begin going out in September of this year, so businesses should be opening in 2025.
WRIC) — Retail sales of recreational marijuana are one step closer to becoming a reality in Virginia. RICHMOND, Va. On Thursday, Jan. 25, a Senate subcommittee approved a bill that would allow retail marijuana sales to begin in up to 400 stores starting Jan. The subcommittee chose this bill, Read More
They write… Notoriously risk-adverse Big Law firms are building cannabis practice groups as a rising number of states legalize recreational and medicinal use, even though the drug remains largely banned under federal law. billion by 2025, cannabis market research company New Frontier Data said. Medical cannabis sales in the U.S.
billion by the end of 2025, according to a new report by Grand View Research, Inc. Increasing legalization and use of marijuana in medical as well as recreational applications is expected to promote the growth. from 2019 to 2025. by 2025 owing to increasing of marijuana for the treatment of cancer and other medicinal conditions.
OTC PINK:NTRR) has announced it is acquired Deity Wellness, a company focused on the recreational use of hemp-based products. Delta-8 THC and recreational hemp-based CBD should open a strong new source of sales and revenues as we can now serve those wanting medicinal relief and those seeking pleasure.’ About Neutra Corp.
In fact, only one cannabis-related bill, House Bill 1443 (HB1443), has been passed since recreational legalization in January 2020. Legislators and stakeholders are looking to pass the bills during the lame-duck session in January 2025.
In the United States, where cannabis is still illegal under federal law, there are currently 19 states and the District of Columbia that allow the recreational use of marijuana. Of the MMJ states, Arkansas, Maryland, Missouri, South Dakota, and North Dakota had recreational cannabis on their ballots this November. . Starting Jan.
A study looked at the link between psychedelics and spirituality, Minnesota is closing in on recreational cannabis, and Montana is looking to make cannabis banking easy. Cannabis Bill Minnesota residents received some thrilling news this week as the state Senate passed a bill to legalize recreational cannabis.
DUBLIN–(BUSINESS WIRE)–The “Global Marijuana Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering. billion during 2021-2025, progressing at a CAGR of 22.54% during the forecast period. Market outlook: Forecast for 2020 – 2025. Five Forces Analysis. Threat of rivalry.
The state has introduced a new program to compensate Maine cities and towns for costs they incur when opting to permit recreational, adult-use cannabis businesses. Legal sales of adult-use cannabis in Maine could grow to $300 million by 2025, according to one industry consultant. Maine Biz website reports. Source: [link].
Not only will it give Floridians more freedom and choice in their medical treatments and recreation, but it will also grant additional tax revenue for the state. . By 2025, we believe the general public will be better educated on psychedelics than they are now.
DUBLIN–(BUSINESS WIRE)–The “Global Legal Cannabis Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering. bn during 2021-2025, progressing at a CAGR of over 21% during the forecast period. Market outlook: Forecast for 2020 – 2025. Five Forces Analysis. Threat of rivalry.
Now that both medical and recreational cannabis is legal in New York, there are some things that residents and visitors should know. Recreational cannabis is legal in the state of New York for adults 21 and up, but there is currently no way to purchase it legally. billion by as soon as 2025.
billion by 2025, according to a new report by Grand View Research, Inc., The imminent legalization of recreational marijuana in New York is expected to drive growth over the next few years. Furthermore, anticipated legalization of recreational cannabis in 2019 may significantly decrease marijuana trade via illicit channels.
Colorado, along with the state of Washington that same year, was the first state to legalize recreational marijuana in 2012. However, the city of Colorado Springs has opted out of the sale of recreational marijuana despite how cannabis-progressive the rest of the state around them has been for years.
Arizona Has its Sights on Recreational Cannabis. Arizona is set to try for recreational cannabis legalization again with Proposition 207. If passed, it would allow adults to buy, possess, and consume cannabis for recreational purposes. Early predictions would place sales at around the $193 million mark as early as 2025.
Moving forward, the state is encouraged to seek out crop insurance options for licensed marijuana farmers in California, where legal recreational cannabis sales are expected to top $6.59 billion by 2025. This is a significant increase from the $2.59 billion the state generated through legal cannabis in 2016.
In the nearly 20 years since recreational cannabis has been introduced in the U.S., alone to be a $41 billion industry by 2025. the legal cannabis industry has become an absolute juggernaut. So big, in fact, that experts project legal cannabis in the U.S. With that type of money involved, it’s no wonder that nearly ?
billion by 2025 1. Curaleaf International’s cannabis flower products and extracted cannabis-based products now supply five separate markets, including Germany, Europe’s largest market for medicinal cannabis which is expected to be worth over €840 million by 2025 1. billion by 2025 1. billion by 2025 1. billion by 2025 1.
One of the major concerns raised in this commentary is that both medicinal use of tried cigarettes and recreational marijuana of cannabis are being promoted in a way that avoids the FDA’s normal testing and regulatory processes, which are otherwise needed for all drugs advertised for human use in the United States. billion by 2024.
Israel also announced plans to legalize recreational cannabis in late 2020, which will further drive demand for high-quality cannabis products. 230 million by 2025. “We From this campus, Flowr produces recreational and medicinal products. Brightfield estimates the market will generate over U.S.$130 d/b/a “ JWC ”).
billion in 2025. a research fellow at King’s College London’s Institute of Psychiatry, Psychology & Neuroscience , the aforementioned CBD-to-THC ratios were selected because they represent the most common types of cannabis products used for recreational purposes. million in 2020 to $5.3
Of these legal states 19 have provisions for recreational use and 20 allow a limited number of cannabis plants to be grown for personal use. Together, these trends are driving 20% annual industry growth with a $38 billion target by 2025.
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