Jun 07 2023
Legal marijuana stores sold nearly $9 million in legal marijuana in May, a new monthly record for the state with a population of just less than 1.1 million. According to data released by the Rhode Island Department of Business Regulations, there was $6,037,183.97 in recreational marijuana sold in May, as well as $2,979,828.99 worth of …
Jun 06 2023
The cost of marijuana in Massachusetts is now just $6.05 a gram, according to data released by the Cannabis Control Commission The average price per gram of legal marijuana in Massachusetts dropped from $6.63 in March, to $6.05 in April. The previous all-time low was $6.15 in January. The roughly $6 per gram average marks …
Jun 05 2023
Just three days after its introduction a New York bill to allow marijuana businesses to take standard state tax deductions has been passed by the full Senate. Senate Bill 7508, filed by Senator Luis Sepulveda, has now been sent to the state Assembly. Passage in the Assembly would put the measure before Governor Kathy Hochul. …
Jun 05 2023
According to data released by the Illinois Department of Financial and Professional Regulation, the state sold over $130 million worth of legal marijuana and marijuana products in May In May, there was $132,777,299.46 in legal marijuana purchased in Illinois. Of this, $100 million was purchased by those living in Illinois, with the remaining $32.7 million sold …
Jun 01 2023
There was $47 million in legal marijuana sold in May in New Mexico. According to the New Mexico Regulation & Licensing Department, there was $47.7 million in total marijuana sales in May, coming from 1,013,476 different transactions. This is more than the $46.07 million sold in April, and identical to the $47.7 million sold in …
Jun 01 2023
Legal marijuana stores in Nevada sold over $75 million in legal marijuana and marijuana products in March. There was $75,023,166 in marijuana sold in May, according to data released by the Nevada Department of Taxation. This is an over 10% increase from the $67 million sold in February. The state garnered $12,288,541 in taxes from the …
Jun 01 2023
Colorado Governor Jared Polis has signed legislation into law that prevents a denial of professional licenses and certifications based solely on a civil or criminal judgement regarding the consumption, possession, cultivation, or processing of marijuana. Senate Bill 265 was sent to Governor Polis last month after passing the Senate 32 to 1 and the House …
May 30 2023
Minnesota Governor Tim Walz has signed House File 100 into law, officially making Minnesota the 23rd state to legalize recreational marijuana. The governor’s signature on HF 100 means that starting August 1, those 21 and older in Minnesota will be allowed to possess up to two ounces of marijuana, eight grams of marijuana concentrates and …
May 25 2023
Maine legislation filed by Senator Joseph Baldacci would “remove all marijuana-related provisions from the Maine criminal code and expunge all convictions involving marijuana”. Senate Bill 1789 was filed last month and quickly assigned to the Senate Judiciary Committee and the House Judiciary Committee. The measure has now been reported out of the Senate Judiciary Committee …
May 24 2023
Legislation filed in the Maine Legislature would significantly increase the tax rate for legal marijuana sales. Filed by State Representative Matthew Moonen, Legislative Document 1946 has been assigned to the House Taxation Committee in the House and the Senate Taxation Committee in the Senate. The proposed law would increase the tax rate for marijuana sales …
