Nov 11 2024
Currently 24 states have laws allowing for the possession and use of recreational marijuana, with all but Virginia also allowing licensed sales. Below is a look at the three states most likely to join these 24 in 2025.
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Nov 11 2024
The November 2024 election was expected to mark the tipping point, where legal marijuana states would become the majority, with three states considering legalization measures to join the existing 24. However, all three recreational marijuana proposals on the ballot were rejected. This outcome, despite media portrayals, doesn’t indicate waning support for marijuana legalization, which has seen rapid growth in recent years. Instead, it reflects a specific election and unique circumstances.
First, consider the remarkable rise of marijuana legalization. In 2012, not a single state had legalized recreational marijuana. By 2024, 24 states—nearly half the country—had done so, representing a majority of the nation’s population. This momentum isn’t likely to be dampened by a single election, especially given the nuances at play.
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Nov 10 2024
This brings the state’s year-to-date total to approximately $235 million, with the all-time total nearing $1 billion at $993,703,867 since the state legalized marijuana. October marked the 35th consecutive month of marijuana tax revenue surpassing $20 million.
According to the Arizona Department of Revenue, the majority of October’s tax revenue came from the state’s 16% recreational marijuana excise tax ($16,014,939) and the 5.6% adult-use tax ($7,823,952). The medical marijuana program also contributed $1,656,348.
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Nov 09 2024
There was $27,728,562 worth of marijuana sold legally in October, which includes marijuana products such as edibles and concentrates, according to data released by the Montana Department of Revenue. This is nearly identical to the $27,520,406 sold in September. The high this year was $29,716,881 sold in August.
There has now been around $280 million in legal marijuana sold so far this year, bringing all-time sales since January 2022 to $893,601,035.
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Nov 08 2024
According to the Maine Office of Cannabis Policy, licensed marijuana stores sold $20,839,409 worth of product, which includes dried marijuana flower as well as a variety of marijuana products including edibles, concentrates and topicals. Sales were spread across 399,729 different transactions.
Total marijuana sales from January 1 to October 31 is now $204,097,715, split across 3,806.690 transactions.
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Nov 07 2024
Conducted by researchers rom the University of Antioquia in Colombia and the University of Granada in Spain, the study is titled Effectiveness and safety of cannabis-based products for medical use in patients with fibromyalgia syndrome: A systematic review. It was also published online by the US National Library of Medicine.
“There is a need to explore pharmacological options for syndrome (FMS), such as medical cannabis”, begins the study’s abstract. “The aim of this systematic review was to synthesize and analyze the available information about the effectiveness/efficacy and safety of cannabis-based products for medical use (CBPMs) and cannabis-based medicines (CBMs), in patients with FMS.”
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Nov 07 2024
There was $101.5 million worth of marijuana and marijuana products, including concentrates, edibles, tinctures and topicals, sold in October in Washington. This is according to data released by the research firm Headset.
Sales for October marked a slight increase from the $98 million sold in September, and it brings the year-to-date total to around $1.1 billion. In 2023, there was $1.25 billion in marijuana sales resulting in over $400 million in taxes. The state is on track to match, or possibly exceed this amount.
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Nov 07 2024
Conducted by researchers from the University of Pennsylvania and NYU Langone, the study aimed to clarify whether marijuana use might influence surgical outcomes or quality of life (QoL) post-surgery, as marijuana use continues to rise nationwide.
The study involved a retrospective review of patients who underwent breast reduction surgeries from 2016 to 2022. Researchers analyzed 415 patients, of whom 140 reported marijuana use. Through propensity score matching, 108 patients were compared (54 marijuana users and 54 nonusers) based on factors such as age, body mass index, and breast tissue mass to ensure similar patient demographics.
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Nov 07 2024
In April 2023, Rep. Joyce filed the SAFE (Secure and Fair Enforcement) Banking Act with eight cosponsors. Now, it has 131, more than any other marijuana-related bill in the US Congress. However, the measure is set to expire at the end of the year, as with all other measures filed after January 1 2023.
When asked if Joyce plans to refile SAFE Banking next session (which begins in January), Communications Director Sara Young told us “Yes, we plan to reintroduce if we don’t get it done by the end of the year.”
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Nov 07 2024
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Proper drying and curing not only preserves potency and flavor but also improves the safety, shelf life and overall user experience of cannabis flower, cultivation experts told MJBizDaily.
“You can take a really good crop and ruin it really fast with curing and drying,” said Pansey Willcox-Fridley, facilities manager and compliance officer for Green Dragon Extracts in Oregon.
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