Nov 04 2024
There was just over $345 million worth of marijuana and marijuana products sold legally in October. Marijuana sales in California saw a slight uptick from September to October, rising from $334 million to $345.5 million. However, sales in October were down from the $356 million sold in October 2023. There has now been around $3.5 …
Nov 04 2024
If voters approve marijuana-related ballot measures on Tuesday, Florida, North Dakota, and Nebraska could generate a collective $3 billion in the first year of regulated sales, according to projections from the MJBiz Factbook. By their fourth year, these markets may reach an estimated $4.3 billion in total sales, finds the report. Florida’s adult-use cannabis market …
Nov 04 2024
There are marijuana-related initiatives on the ballots in numerous cities and states, but just three would take the step of fully legalizing recreational marijuana. At the start of 2012, not a single state had legalized recreational marijuana. In the 12 years since, 24 states have passed laws allowing those 21 and older to legally possess …
Nov 03 2024
In a social media post made this evening, Vice President Kamala Harris said “I will legalize recreational marijuana”. In the post, made on the social media platform X.com, Harris said she will “break down unjust legal barriers, and create opportunities for all Americans to succeed in this new industry.” Last month Harris released a policy …
Nov 03 2024
The amount of money raised in support of legalizing marijuana in South Dakota is nearly identical to the amount raised by opponents. South Dakota voters are set to consider recreational marijuana legalization on Tuesday with Measure 29, which would allow those 21 and older to possess up to two ounces of marijuana and grow up …
Nov 03 2024
Since launching recreational marijuana sales on August 7, Ohio’s marijuana market has recorded a combined $210,831,599 in total sales. Recreational sales make up the largest portion, totaling $131,813,130 across 1,720,152 transactions, while the medical marijuana sector added $79,018,469 through 832,709 purchases, as of October 26. The steady sales growth illustrates strong demand in both markets …
Nov 03 2024
With marijuana legal in 24 states, certain strains have risen to prominence, captivating users with their unique effects, flavors, and potency. There are hundreds of different marijuana strains available throughout the legal marijuana market, but some are far more popular than others. Drawing insights from state regulatory data and popular cannabis platforms like Leafly, here …
Nov 02 2024
Recreational marijuana is legal in 24 states, which could jump to 27 after the November 5 election. In these states, average marijuana prices vary greatly. Due to a variety of reasons —state and local regulations and tax rates, for example— prices vary substantially among the legal marijuana states. With that in mind, in this article …
Nov 02 2024
According to the Rhode Island Department of Business Regulations, legal marijuana stores and dispensaries sold a combined $9.79 million in product for the month of October. Recreational marijuana made up the majority, with $7.97 million in sales, while medical marijuana patients accounted for $1.82 million. These figures represent consistent demand, bringing the year-to-date total for …
Nov 02 2024
A new study published in AJOB Neuroscience reveals that most Americans support psilocybin use under supervision, with broad bipartisan backing for both mental health treatment and general well-being enhancement. Psilocybin, the psychedelic compound found in “magic mushrooms”, remains classified as a Schedule I substance in the U.S., making it illegal for all uses, despite numerous …
