Jul 04 2024
Maryland’s legal marijuana market has achieved a significant milestone, surpassing half a billion dollars in sales within the first half of the year. According to the Maryland Cannabis Administration, $94 million worth of legal marijuana and marijuana products were sold in June, bringing the year-to-date total to $556.2 million. In June, recreational marijuana consumers contributed …
Jul 04 2024
Voters in three states will have the opportunity this November to legalize recreational marijuana. In Florida, voters will consider Amendment 3, the first of the three initiatives to be officially placed on the ballot. The initiative, proposed by Smart & Safe Florida, would legalize the possession, use, and licensed distribution of marijuana for those 21 …
Jul 04 2024
In June, Illinois saw $166 million in legal marijuana and marijuana products sold, according to the Illinois Department of Financial and Professional Regulation. This figure represents a modest decrease compared to May’s sales of $170.6 million, a difference of $2.6 million between the two months. Breaking down the numbers, June’s sales included $144 million in …
Jul 03 2024
In California, licensed marijuana sales have exceeded $2 billion for the first half of 2024, driven by strong sales figures in June. The latest data reveals that there was $339 million worth of marijuana and related products sold legally in June, a slight decrease from the $350 million sold in May. This brings the total …
Jul 03 2024
Nebraskans for Medical Marijuana (NMM) have submitted well more than enough signatures to put their medical marijuana legalization initiative to a vote this November. Today, NMM submitted over 110,000 signatures for both of their initiatives: one to legalize medical marijuana and one to protect physicians who recommend it. This exceeds the required 87,000 signatures needed …
Jul 03 2024
Sales of THC-infused beverages in Connecticut are now restricted to state-licensed liquor stores and cannabis retailers. The new law is due to the enactment of House Bill 5150, which was signed into law by Governor Ned Lamont in May. It officially to effect on July 1, prohibiting the sale of intoxicating hemp products at gas …
Jul 03 2024
An initiative to legalize certain psychedelics is set to be voted on this November. In January, Massachusetts for Mental Health Options (MMHO) submitted over 96,000 valid signatures for their psychedelics initiative, well more than the roughly 74,000 needed to force a vote of the legislature. Given the legislature didn’t act on the measure prior to …
Jul 03 2024
Legal marijuana sales surpassed $270 million in June in Michigan, with all-time sales now above $10 billion. According to the Michigan Cannabis Regulatory Agency, recreational marijuana sales in June amounted to $275.2 million, slightly below May’s $278 million. Medical marijuana sales in June reached $1.7 million, bringing the total sales for the month to around …
Jul 03 2024
The Eastern Band of Cherokee Indians’ (EBCI) marijuana megastore will open for recreational marijuana sales tomorrow, July 4. Located in a former bingo hall that cost over $50 million to refurbish, the Great Smoky Cannabis Company — which has been open for medical marijuana sales since April — will begin recreational marijuana sales on July …
Jul 03 2024
Federal legislation in the US House of Representatives and Senate is now sponsored by lawmakers from 41 different states. In the House, the SAFE (Secure and Fair Enforcement) Banking Act has 124 bipartisan sponsors, more than any other marijuana bill in the US Congress. In the Senate, the SAFER (Secure and Fair Enforcement Regulation) Banking …
