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Part 2: Adult-use legalization effects on medical prices

Illinois News Joint

In Part II, we do the same for the price per gram for Extracts in Illinois. Out of all the cannabis products in Illinois, medical cannabis Extracts have had the most volatile variances for price per gram. According to statistics from the Cannabis Regulation Oversight Office (CROO), extract price per gram started with a boom at $82.85

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Senate Bill 1723 moves to Subcommittee on Cannabis

Illinois News Joint

The total monthly portion of THC oil extract set aside by all cultivation centers and Early Approval Adult Use Cultivation Center License holders shall be as follows: (1) During calendar year 2023, 50,000 grams per month. (2) 2) During calendar year 2024, 60,000 grams per month. (3) 3) During calendar year 2025, 70,000 grams per month. (4)

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Part 3: Adult-use legalization effects on medical prices

Illinois News Joint

In Part I and Part II of this 3-part series, we compared and contrasted registered medical cannabis patient’s price per gram for Dry Flower and Extracts before and after adult-use legalization, as well as adult-use and medical prices. As reference, Illinois implemented the Compassionate Use of Medical Cannabis Pilot Program Act January 2014.

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Illinois cannabis craft grow bills move forward

Illinois News Joint

Several “cannabis craft grow” bills that would amend the Cannabis Regulation and Tax Act were re-referred to the Illinois House and Senate Rules Committees March 10. To learn about cannabis-friendly events in Illinois, visit here. For more Illinois cannabis industry news, visit here. For Illinois News Joint reviews, visit here.

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Part 1: Adult-use legalization effects on medical prices

Illinois News Joint

As reference, Illinois implemented the Compassionate Use of Medical Cannabis Pilot Program Act in January 2014. Stay tuned for Part 2 and Part 3 of this series when we compare and contrast product prices per gram for extracts, edibles, RSOs, and infused drinks. To find cannabis-friendly events in Illinois, visit here.

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Rep. Ford introduces Consumable Hemp Licensing bill

Illinois News Joint

Provide that hemp farms may not create hemp extractions without a processor license. Provide that hemp farms may not create hemp extractions without a processor license. To find cannabis-friendly events in Illinois, visit here. HB4161 is set for a possibly consideration during the fall veto session, Oct. 24-26 and Nov.

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CBD Market Report

Project CBD

1 SPINS’ CBD category typically includes sales of products that contain hemp-based CBD extracts, including CBD oils, gummies, and capsules. References FDA regulation of cannabis and cannabis-derived products, including cannabidiol (CBD). (THC is the primary psychoactive compound in cannabis.) Cannabis sativa with more than 0.3%

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