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Ohio’s Recreational Cannabis Market Landscape and Projections

Veriheal

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? in recent years. Passions run deep on both sides.

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Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

Some states, including Alaska, California, Colorado, Illinois, Maine, Massachusetts, Michigan, Nevada, Oregon, Vermont, and Washington, have legalized both the recreational and medicinal use of cannabis. States collected an estimated $1.3 billion in tax revenue from legal cannabis sales in 2018.

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Recreational cannabis brings in more than $300 million in its first year

The NM Political Report | Medical Cannabis Program

The state’s recreational cannabis program brought in $300 million in adult-use cannabis sales in its first year, Gov. Continue reading Recreational cannabis brings in more than $300 million in its first year at NM Political Report.

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Colorado offers cannabis entrepreneurs free business education through a new program

Cannabis Law Report

The Denver Post Reports… The free program will provide participants with curriculum to develop business plans, pitches, and marketing materials. Colorado’s cannabis entrepreneurs can look forward to a new technical assistance program aimed at providing education on business development within the industry.

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Louisiana Expands State Medical Marijuana Program

MassRoots

New laws expanding the medical marijuana program in Louisiana went into effect on August 1. The state’s medical marijuana program has been criticized for being too limited and too restrictive since the program was established in 2016, but the three laws that went into effect on Saturday aim to improve the situation.

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Arizona Cannabis Sales Go Beyond $1.4 Billion

Canna Law Blog

Compare: Nevada levies a 25% tax rate, combining both wholesale and retail excise taxes Washington has an absurdly high 37% retail excise tax rate Montana taxes recreational cannabis sales at 20% As of FY 2022, the per capita rate for excise taxes is also incredibly lower in Arizona than other recreationally legal states, at only $18.

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Florida Atlantic University offers cannabis studies program

Cannabis Law Report

Florida Atlantic University (FAU) is offering a cannabis studies program to their academic repertoire, offering courses in several areas including cannabis in healthcare, agriculture, law and policy, and licensing to sell the product. billion in marijuana sales in 2020, according to the report posted by Leafly and Whitney Economics.