Aug 10 2023
July marijuana sales in Connecticut were almost identical to the record-breaking total for June. According to the Connecticut Department of Consumer Protection, there was $23,627,729.22 worth of marijuana and marijuana products sold legally in July. This is close to the record-breaking $23,906,583 sold in June. There was $22.7 million sold in May. The total amount …
Aug 10 2023
Banning those who use marijuana from possessing firearms is unconstitutional, according to a new ruling by a federal appeals court. In the case United States of America versus Patrick Darnell Daniels, Jr., the U.S. Court of Appeals for the Fifth Circuit unanimously agreed to reverse the conviction of an individual sentenced to nearly four years …
Aug 10 2023
According to a new Gallup poll, half of Americans (50%) say they have tried marijuana at least once, the highest ever recorded. The 50% figure is a modest increase over the 49% in 2022 and 48% in 2021. In 2019, 45% had tried marijuana. In answer to a separate question intended to measure current behavior, …
Aug 09 2023
In July Colorado garnered over $23 million in taxes and fees from the legal marijuana industry. According to the Colorado Department of Revenue the state made $22,399,914 in tax revenue from the legal distribution of marijuana and marijuana products in July. This is in addition to the $843,850 in fees the state earned during the …
Aug 08 2023
The Global Cannabis Stock Index has seen a modest increase in recent weeks. As of the time of publication the Global Cannabis Stock Index currently sits at 8.32, a 3% increase from the 8.05 seen at the close of markets yesterday. The low point of the year for the Index came on June 23 with …
Aug 08 2023
New Hampshire Governor Chris Sununu (R) has signed into law legislation to create a commission designed to prepare the state for the legalization of marijuana and give recommendations on how lawmakers can most effectively achieve that goal. The legislation was proposed by the governor who believes the state should legalize marijuana in a manner similar …
Aug 08 2023
Tilray Brands, Inc., a global cannabis-lifestyle and consumer packaged goods company, today announced that the company has entered into a definitive agreement to acquire eight beer and beverage brands from Anheuser-Busch. Upon closing of the deal, Tilray will acquire Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers …
Aug 08 2023
Rhode Island’s legal marijuana industry has set a new sales record for the third straight month. There was $9,465,617 in legal marijuana and marijuana products sold in July in Rhode Island, according to data released by the Rhode Island Department of Business Regulations. This surpasses the $9.1 million sold in June and the $8.9 million …
Aug 07 2023
In Maine marijuana sales have set a monthly record for the third month in a row. There was $20,872,185 in legal marijuana sold in July in Maine. This is an over $2 million increase from the record-breaking $18,484,493 sold in June. In May there was $17.2 million sold, a record at the time. This is …
Aug 07 2023
There was $150 million in legal marijuana purchased in Massachusetts in July, according to the Massachusetts Cannabis Control Commission. The $150 million sold in July is just $1.8 million shy of the record-breaking $151.8 million sold in June. $131.9 million of this was purchased by recreational consumers, with $18.1 million purchased by medical marijuana patients. …
