Tag: legal marijuana

On 4/20 Eleven Years Ago There Were 0 Legal Marijuana States, Now There’s 21

11 years ago today – on 4/20, 2012 – there was not a single state in the US that had legalized recreational marijuana. Fast forward to today and people in 21 states are enjoying legal marijuana this 4/20, with Delaware poised to become the 22nd legal marijuana state by the end of the month. This …

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Report: Legal Marijuana Will Add $100 Billion to US Economy in 2023

The economic impact generated by marijuana in states where it’s legal is expected to top $100 billion in 2023, up more than 12% from 2022. This is according to the MJBiz Factbook 2023, an annual report conducted by MJBizDaily, one of the most trusted sources within the marijuana industry. The report found that the economic …

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Rhode Island: $8.7 Million in Legal Marijuana Sold in March, $23.5 Million So Far in 2023

In March there was $8.7 million in legal marijuana and marijuana products sold in Rhode Island, according to data released by the state’s Department of Business Regulations. In March there was $5,381,556.56 in recreational marijuana sold at licensed retail outlets. This is in addition to the $3,359,873.02 in medical marijuana sold during the same period. …

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Montana Breaks Monthly Record With $27 Million in Legal Marijuana Sales in March

In Montana there was $27,098,679 in legal marijuana and marijuana products purchased in March, resulting in $4.5 million in taxes. Of the just over $27 million in marijuana sales, $21,223,782 came from recreational marijuana, with the remaining $5,874,897 from the purchase of marijuana for medical use. The year-to-date total for 2023 is now $76,575,277. The …

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$250 Million in Legal Marijuana Sold in Michigan in March, New Monthly Record

There was roughly $250 million in legal marijuana sold in Michigan in March, the highest single-month since the start of legal recreational marijuana sales in late 2019. In total Michigan marijuana stores sold $249,674,216 worth of marijuana and marijuana products in March, according to the Cannabis Regulatory Agency Monthly Report. This marks a roughly 15% …

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Connecticut: $22 Million in Legal Marijuana Sold in March, Year-to-Date Total Tops $50 Million

Legal marijuana sales surpassed $22 million in Connecticut in March, just the second full month of legal recreational marijuana sales. In March there was $22,139,154 in legal marijuana and marijuana products sold in Connecticut. $12,576,006 of this was from medical marijuana sales, with $9,563,148 being from the distribution of recreational marijuana. This brings the year-to-date …

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Nevada: $70 Million in Legal Marijuana Sold in January, $11 Million in Taxes

Marijuana sales in Nevada were just above $70 million in January according to data released by the Nevada Department of Taxation. The $70,254,611 in marijuana purchased in January resulted in $11,994,093 in tax revenue for the state and the localities within it. The tax revenue made in January was the highest since May, 2022 when …

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In Maine Legal Marijuana Sales Passed $16 Million in March

In March legal marijuana retail outlets in Maine sold over $16 million in marijuana and marijuana products, the second highest month of the past 12. Data released by Maine’s Office of Cannabis Policy shows that there was $16,622,537 in legal marijuana sales in March. Over the past 12 months only August saw more sales with $17,042,278. The …

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Over $80 Million in Legal Marijuana Sold in Oregon in March

There was $81 million in legal marijuana sold in March in Oregon. In total Oregon sold $81,342,063 in March, a 10.4% increase from the month prior. This is according to data released by the Oregon Liquor and Cannabis Commission. The $81 million sold garnered $13.8 million in marijuana tax revenue, based on the state’s 17% …

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Alaska Has Garnered Over $110 Million in Recreational Marijuana Taxes, 1.4 Million Ounces Sold

Alaska has brought in over $110 million in new tax revenue from marijuana and marijuana products purchased legally between January, 2017 and January, 2023. Alaska voters legalized recreational marijuana for everyone 21 and older in 2015, with the first marijuana retail outlet opening their doors towards the end of the following year. Between 2017 and …

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