New York Budget Includes $16M to Combat Unlicensed Cannabis Dispensaries
Thu / May 4th
New York Gov. Kathy Hochul (D) signed the state’s budget bill on Thursday, securing $16 million to help officials crack down on unlicensed cannabis operators.
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Thu / May 4th
New York Gov. Kathy Hochul (D) signed the state’s budget bill on Thursday, securing $16 million to help officials crack down on unlicensed cannabis operators.
Thu / Apr 27th
Arkansas medical cannabis sales during the first quarter of 2023 were up about 7% compared to the same time period last year.
Tue / Apr 25th INTERVIEW
James Yi is the founder and CEO of Leaf Trade, a wholesale cannabis platform that integrates point-of-sale, e-commerce, retail fulfillment, payment processing, and more.
Thu / Apr 20th
Colorado’s February cannabis sales this year declined 14.2% from the same month in 2022, continuing an overall year-over-year decline in both adult-use and medical cannabis sales for the state.
Thu / Apr 13th
A recent survey found that Portland, Oregon is the best-ranked U.S. city for cannabis shoppers due to its high number of dispensaries per capita and affordable prices.
Mon / Apr 10th
Maryland lawmakers have advanced a measure to see state officials begin issuing adult-use cannabis licenses this summer.
Fri / Apr 7th
Missouri’s total March cannabis sales topped $125 million, putting the state on track to exceed $1 billion in cannabis sales for the year.
Wed / Apr 5th
Millennial and Gen Z shoppers account for the majority of all cannabis sales in the U.S. (63%) and Canada (72.1%), according to recent data from the analytics firm Headset.
Wed / Apr 5th
New Mexico adult-use cannabis dispensaries sold more than $300 million worth of product during the first year they were permitted.
Fri / Mar 31st
Lawmakers in the Montana Senate Business, Labor and Economic Affairs Committee voted 6-4 against a proposal that sought to eliminate adult-use cannabis sales in the state.
Thu / Mar 30th
A Montana proposal seeks to eliminate the state’s adult-use cannabis dispensaries and raise the medical cannabis tax from 4% to 20%.
Mon / Mar 27th
Pennsylvania’s latest adult-use cannabis legalization proposal would see state-licensed liquor stores control the retail cannabis market.
Tue / Mar 21st
Illinois generated $36.1 million in tax revenue from cannabis sales to Wisconsin residents last year, according to a recent report.
Mon / Mar 20th
A recent proposal in Washington state would create about 100 new retail adult-use cannabis dispensary licenses reserved for social equity applicants.
Fri / Mar 17th
New York is being sued by several of its medical cannabis operators over the state’s plan to give the first adult-use retail cannabis licenses to social equity applicants.
Thu / Mar 16th
New York’s slower-than-expected adult-use cannabis roll-out could cost the state $2.6 billion in related tax revenues over the next eight years, according to a new report.
Wed / Mar 15th
Michigan’s average price-per-ounce for cannabis flower fell from $152 in January 2022 to just $80 in January 2023.
Tue / Mar 14th
Lawmakers in the Maryland House passed a bill to establish regulations for the state’s forthcoming adult-use cannabis market.
Mon / Mar 13th
Oregon cannabis prices reached an all-time low of $4 per gram at the beginning of 2023.
Mon / Mar 13th
Lawmakers in the Kentucky House of Representatives passed a bill to regulate delta-8 THC products in the state. The proposal stops short of an outright ban.
Mon / Mar 6th
Missouri’s newly legal cannabis industry topped $100 million in sales during its first month of adult-use sales.
Fri / Mar 3rd
New York officials announced they are doubling the number of cannabis dispensary licenses in the state from 150 to 300.
Thu / Mar 2nd
Michigan’s adult-use cannabis industry sold $1.8 billion worth of product during the fiscal year 2022.
Wed / Mar 1st
California cannabis sales declined in 2022 for the first time since the state launched its adult-use marketplace in 2018.
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