Retail

Adult-use cannabis retailers in Maine set yet another sales record in July at $20.9 million; it’s the third month in a row of record sales for the state’s cannabis dispensaries.

Maryland dispensaries sold nearly $85 million worth of cannabis products in July, which was the state’s first month of legal adult-use sales.

Illinois’ adult-use cannabis sales topped $136 million in June — the state’s highest monthly sales total of the year and its third-highest total ever.

New York cannabis regulators voted to approve a “cannabis showcase” program to let growers sell products to the public at events including concerts and festivals.

NativeCare, a medical cannabis dispensary in the Red Lake Nation in Minnesota, announced plans to begin selling adult-use cannabis starting August 1, the first day that cannabis will be legal in the state.

The commissioner of Virginia’s Department of Agriculture and Consumer Services said the administration of Gov. Glenn Youngkin (R) does not plan to facilitate the launch of adult-use cannabis sales while he is in office.

Massachusetts’ medical and adult-use cannabis sales each set a new record in June at $1.079 million and $1.32 million, respectively.

Adult-use cannabis retailers in Maine set a new sales record in June at $18.4 million, according to recent data from the Maine Office of Cannabis Policy.

During the first week of sales after the July 1 launch of Maryland’s adult-use cannabis market, dispensaries in the state sold nearly $21 million worth of product.

The New York City Council Committee on Public Safety has passed a measure holding landlords accountable for knowingly leasing commercial sites to tenants who sell cannabis or tobacco products without a license.

Adult-use cannabis sales took effect in Maryland over the weekend on July 1, about eight months after voters passed the state’s cannabis legalization initiative.

Cannabis sales in Canada grew 157% from May 2020 to May 2023, according to a recent report by cannabis intelligence firm Headset.

New York regulators have seized nearly $11 million worth of product and at least 1,000 pounds of cannabis during the first three weeks of enforcement actions against the state’s unlicensed retailers.

Colombian lawmakers voted 47-43 in favor of federally allowing adult-use cannabis sales but, per Colombia’s constitution, the proposal requires more than a simple majority, and it ultimately failed to pass the chamber.

The California Department of Cannabis Control awarded 18 municipalities with $4.145 million in grants aimed at expanding access to licensed retail cannabis throughout the state.

Researchers at the University of Illinois Urbana-Champaign found that teenagers living in ZIP codes with operating medical cannabis dispensaries are less likely to consume cannabis than teenagers who live in areas without them.

New York regulators on Thursday shut down multiple unlicensed cannabis shops in Ithaca, Binghamton, and New York City. The companies now face fines of up to $10,000 per day they were operating without a license.

Cannabis pre-rolls saw the highest year-over-year sales growth from 2021 to 2022 of any other product category in the industry.

New York lawmakers voted to let the state’s cannabis cultivators sell products to tribal nations that have launched their own cannabis markets.

Connecticut’s combined adult-use and medical cannabis sales totaled nearly $23 million in May, a new record since the state’s January launch of legal recreational sales.

Colorado Gov. Jared Polis (D) signed a bill to legalize the online sale of cannabis products. Under the new law, customers must provide proof of age and purchases must be picked up in person.

Multistate cannabis operator Trulieve announced on Thursday it will “wind down” its Massachusetts-based operations as part of its broader plan to “preserve cash and improve financial performance.”

Harrison Bard and Fredrik Rading are co-founders of Custom Cones USA, a leading supplier of custom-branded and specialty pre-rolled cones for the cannabis industry.