Jun 28 2024
The legal cannabis market is valued at over $40 billion and is expected to grow substantially in the coming years, according to a new report. The Technavio report shows that the market is expected to grow at a compound annual growth rate (CAGR) of 28.85% between 2024 and 2028. “The market’s growth rate hinges on …
Jun 28 2024
Among the states that have legalized recreational marijuana, there was over $1.8 billion in marijuana and marijuana products sold in May. There are 24 states that have legalized recreational marijuana, with all but Virginia allowing licensed sales. Among these states, Minnesota, Ohio, and Delaware do not yet have marijuana stores open as they legalized too …
Jun 28 2024
Recently, we examined the five states with the lowest average cost of legal marijuana. In this article, we’ll explore the most expensive states. There are 24 states that have legalized recreational marijuana, with all but one allowing licensed marijuana retail outlets. Average prices vary greatly from state to state, ranging from a little under $4 …
Jun 26 2024
Recreational marijuana is legal in 24 states, with all but Virginia allowing licensed sales. Prices in these states vary substantially. Among these states, the average price of marijuana and marijuana products varies significantly, with some states having averages more than double those of others. Using data compiled by state regulatory agencies, here are the five …
Jun 25 2024
With the November election just over four months away, and with the presidency, the entire US House, and a third of the Senate up for grabs, a stark contrast has emerged between the Democrats and Republicans. The Biden Administration is moving to reschedule marijuana to Schedule III, officially recognizing its medical value. In contrast, House …
Jun 24 2024
The global medical cannabis market is set for substantial growth, projected to increase from $17.60 billion in 2023 to an impressive $121.33 billion by 2033. This expansion, driven by a compound annual growth rate (CAGR) of 21.30%, is detailed in a recent report by Spherical Insights & Consulting. The report identifies several key players in …
Jun 20 2024
As marijuana legalization continues to gain momentum across the United States, four states are poised to make significant strides in the next six months. Legislative efforts and voter initiatives are advancing in Pennsylvania, South Dakota, Florida, and North Dakota, each working towards establishing legal frameworks for recreational marijuana use. Here’s a closer look at the …
Jun 19 2024
There are 23 states that have legalized the licensed distribution of recreational marijuana. Here’s a look at the 10 with the most lucrative markets. Between 2012 and now, the US has gone from having no states with legal recreational marijuana markets to having nearly two dozen. Although a couple of the 23 states with legal …
Jun 19 2024
With the news that North Dakota has already reached their signature threshold in less than two months, it’s becoming clear which states will vote this November on recreational marijuana initiatives. Twenty-four states have legalized recreational marijuana, and three more are aiming to join the list this November. Below is an overview of these three initiatives.
Jun 17 2024
As we reach the halfway point of 2024, here’s a look at the marijuana-related bills in the US Congress that have garnered the most support. These legislative efforts span a range of issues from marijuana banking and veterans’ health care to housing and descheduling. All of these measures were filed since January 2023, and will …
