For the first time ever legal marijuana sales passed $10 million in a single month in Rhode Island. There was exactly $10,216,190 worth of marijuana and marijuana products sold legally in December, the most in any single month in Rhode Island history. This is according to data compiled and released by the Rhode Island Department …
Category: News
Jan 09 2024
Illinois: Record-Breaking $181 Million in Legal Marijuana Sold in December, Almost $2 Billion in 2023
There was $181 million worth of marijuana sold in December, a monthly record for Illinois. According to data just released by the Illinois Department of Financial and Professional Regulation, $153.9 million in recreational marijuana sold in December, in addition to $27.9 million in medical marijuana sold during the same period. The combined $181.8 million was …
Jan 09 2024
Legislation to Legalize Personal Marijuana Cultivation Filed in New Jersey Senate
A legislative bill that would allow marijuana to be grown for medical and recreational use has been filed in New Jersey’s Senate. Senate Bill 1985 today was “Introduced in the Senate, Referred to Senate Judiciary Committee”. The measure was filed by Senator Vin Gopal along with cosponsors Senators Troy Singleton, Patrick Diegnan, Shirley Turner and …
Jan 09 2024
Bipartisan Washington State Bill Would Ban Marijuana Concentrates With Over 35% THC
Legislation that would prohibit most recreational marijuana concentrates (oil, wax, hash, etc.) in Washington State has been refiled in the House of Representatives. House Bill 1642 is sponsored by State Representative Lauren Davis along with a bipartisan coalition of 11 cosponsors. The measure was first filed in January, 2023 and assigned to the House Committee …
Jan 09 2024
US Legislation to Allow Marijuana Banking Sponsored by Lawmakers From 37 States
Federal legislation to allow banks to provide financial services to state-legal marijuana businesses is sponsored by lawmakers from 37 different states. The SAFE Banking Act in the US House of Representatives has 98 sponsors, while the SAFER Banking Act has 35 sponsors in the Senate. Although the SAFER Banking Act is an updated version of …
Jan 09 2024
In US Over 2.3 Million Marijuana Expungements Issued Since 2018
According to an analysis by the National Organization for the Reform of Marijuana Laws, state courts have either expunged or sealed the records of more than two million marijuana-related cases since 2018. According to publicly available data, state and local courts have expunged an estimated 2.3 million marijuana-related cases. States that have been most active …
Jan 09 2024
$283 Million Worth of Medical Marijuana Sold in Arkansas in 2023, Over $1 Billion Since 2020
2023 was a record-breaking year for medical marijuana sales in Arkansas. According to data released by the Arkansas Department of Finance and Administration, there was $283 million worth of medical marijuana and medical marijuana products sold throughout 2023. Sales included marijuana flower as well as a variety of marijuana products such as tinctures, lotions and …
Jan 08 2024
New Jersey Assembly and Senate Approves Bill to Allow State Officers to Represent Marijuana Businesses
New Jersey’s full Senate and Assembly have given approval to legislation to allow state officers to represent marijuana businesses and marijuana business applicants. Senate Bill 4268 was given approval today in the Senate by an overwhelming vote of 33 to 2. The measure, filed by Senator Nicholas Scutari, was then amended slightly and passed in …
Jan 08 2024
Study: Colleges See Increase in Applications Following State Marijuana Legalization
When a state legalizes marijuana, colleges in that state see a large increase in applicants, according to a recently published study. The study was conducted by researchers at Oxford College and the University of South Carolina, and it published in the peer-reviewed journal Contemporary Economic Policy with the title Higher education: The impact of recreational …
Jan 08 2024
Maine: $19 Million in Legal Marijuana Sold in December, $216 Million in 2023
Maine marijuana sales passed $200 million in 2023. There was $19,310,089 worth of marijuana and marijuana products sold via licensed retail outlets in Maine in December, according to the state’s Office of Cannabis Policy. These sales were spread out among 338,983 transactions different transactions. December sales bring the total marijuana sales for 2023 to $216.86 …