There was over $100 million worth of legal marijuana sold throughout Washington State in July.

(Photo credit: Vista).

According to data compiled and released by the Washington State Liquor and Cannabis Commission, there was approximately $103 million in legal marijuana sales in July. This is a slight increase from the $100.2 million sold in the previous month, but a slight decrease from the $106 million sold last July. June 2022 retains the monthly high of $109 million.

The yearly total for marijuana sales is now above $700 million, resulting in over $200 million worth of tax revenue. In 2023 there was $1.25 billion in marijuana sales resulting in over $400 million in taxes.
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The University of California, San Diego (UCSD) is currently seeking participants for five clinical trials focused on marijuana and its potential therapeutic benefits.

These studies are part of the university’s ongoing efforts to explore the medical applications of marijuana, which is becoming increasingly relevant as more states legalize its use for both recreational and medicinal purposes, and as marijuana is rescheduled at the federal level.

The first trial investigates the neural mechanisms behind marijuana-induced pain relief. Pain is often referred to as a “silent epidemic,” affecting over 100 million Americans and costing society more than $500 billion annually. This study aims to identify how vaporized marijuana alleviates acute pain by mapping the brain’s response, potentially leading to more effective and targeted pain therapies.
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Former President Donald Trump, the current Republican nominee for president, is beginning to “agree a lot more” that marijuana should be legalized.

Donald Trump speaking at a press conference at Mar-a-Lago.

“As we legalize it, I start to agree a lot more because, you know, it’s being legalized all over the country,” said Trump at a press conference held today. “Florida has something coming up. I’ll be making a statement about that fairly soon.”

Trump’s comments were made in response to a reporter questioning him on the Biden Administration’s move to reschedule marijuana, and Vice President Harris’ stance that no one should be jailed for marijuana.
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Marijuana sales in Maine reached a new monthly record in July, with a total of $22,861,337 in sales across 424,941 transactions.

This surpasses the previous month’s total and sets a new benchmark for the state’s cannabis industry, topping the previous record of $21.7 million sold in August 2023.

According to the Maine Office of Cannabis Policy, the average price per gram of dried marijuana in July was $7.20, a decrease of $0.05 from June’s average, and $0.02 higher than the all-time low of $7.18 set in April of this year.
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In July, there was more legal marijuana sold in Montana than any previous month.

There was $28,717,104 worth of marijuana sold legally July, according to data compiled and released by the Montana Department of Revenue. This breaks the single-month record of $28,697,312 set in August 2023.

$24,899,839 of the total marijuana sales in July were purchased by recreational consumers, with $3,817,266 purchased by medical marijuana dispensaries.
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With the election less than three months away, it won’t be long before Massachusetts voters will have the opportunity to make their state just the third to legalize certain psychedelics such as psilocybin.

Question 4, put forth by the nonprofit Massachusetts for Mental Health Options (MMHO), would legalize the possession and personal cultivation of up to one gram of DMT, 18 grams of non-peyote mescaline, 30 grams of Ibogaine, one gram of psilocybin, and one gram of psilocin. Possessing up to twice this amount would be punishable by a fine of up to $100.

The initiative aims to “expand mental health treatment options in Massachusetts by providing new pathways to access natural psychedelic medicine therapy,” including “creating access to natural psychedelic medicine therapy and removing criminal penalties for personal possession of these medicines.”
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