Jun 27 2024
Maryland Governor Wes Moore announced today the launch of the Cannabis Workforce Development Program, the first workforce development initiative developed and administered by a cannabis regulatory agency in the nation. “This groundbreaking collaboration will support Marylanders interested in joining the state’s growing cannabis industry and prioritize individuals and communities directly impacted by the War on …
Jun 27 2024
Legal marijuana sales in California surpassed $350 million in May, bringing the year’s total to over $1.7 billion. Licensed marijuana stores in California sold $355 million worth of marijuana and related products in May. Although this represents a modest 0.5% decrease from the previous month, it marks a 4% increase compared to the previous May. …
Jun 27 2024
In an effort to contrast the Biden-Harris Administration’s approach with that of former President Trump, their campaign has launched a new webpage on JoeBiden.com titled “Joe Biden Is Reforming America’s Approach to Marijuana.” The webpage begins with the statement “Joe Biden has been clear for a long time that our nation’s marijuana laws are outdated …
Jun 27 2024
A key committee in the Delaware Senate has given approval to legislation that would allow medical marijuana dispensaries to begin selling recreational marijuana this year, months ahead of schedule. Yesterday, the Senate Judiciary Committee voted to pass House Bill 408. The vote comes a week after the measure was passed by the full House of …
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 26 2024
Washington State’s legal marijuana market saw over $100 million in sales in May. According to data released by the state, there was approximately $101.84 million in legal marijuana sales in May, a 1.3% increase from the previous month and a 1.8% increase over May 2023. This brings the yearly total to around $500 million. Total …
Jun 26 2024
Licensed marijuana stores in Arizona sold nearly $100 million worth of product in May. According to the Arizona Department of Revenue, the state made $24,482,049 in tax revenue from $97 million in marijuana sales. This is roughly the same as the $24,586,563 in taxes garnered in April, but noticeably less than the $28,423,424 sold in …
Jun 26 2024
A US congressmember behind federal legislation aiming to penalize states and tribes that legalize marijuana continues to seek support for the measure. The Stop Pot Act, introduced in September by Representative Chuck Edwards (R-NC), is cosponsored by Representatives David Rouzer (R-NC), Gregory Murphy (R-NC), Pete Sessions (R-TX), and John W. Rose (R-TN). The measure would …
Jun 26 2024
So far 56 cities in Ohio have placed bans or moratoriums on recreational marijuana sales. Ohio recreational marijuana law, passed by voters last year, allows cities to opt-out of allowing recreational marijuana sales. So far, 56 cities have taken this approach to disallow marijuana stores. Under Ohio’s law, those 21 and older are allowed to …
Jun 26 2024
There’s enough votes in the United States House of Representatives to pass a federal marijuana banking act, according to Congressmember Nancy Mace (R-SC). The SAFE Banking Act (H.R. 2891) has 124 sponsors in the House, more than any other marijuana-related measure. The proposed law would provide federal protections for banks and credit unions that serve …
