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Illinois Officials Say Cannabis Sales Recovered to $131 Million in March
A report released earlier this week by the Department of Financial and Professional Regulation in the state of Illinois shows that the state recorded about $131 million in legal recreational marijuana purchases in March. The state broke its annual record for marijuana...
Arkansas medical marijuana sales top 50,000 pounds
Roughly two years after the first medical marijuana dispensary opened in Arkansas, the market has seen the sale of more than 50,000 pounds valued at $338.5 million, according to the Arkansas Department of Finance and Administration, the parent agency of the Arkansas...
NJ medical marijuana could be covered by taxpayers under new bills
In a state where medical marijuana is often more expensive than flying to another state and buying it there, patients registered with some financial assistance programs could see their weed costs covered. The cost of New Jersey medical marijuana, among the highest of...
Cannabis Tax Revenue Seeing Higher Numbers in the US
Some states around the U.S. that have legalized recreational marijuana, have collectively made close to $8 billion in tax revenue. Which has been so since sales initially went legal back in 2014. This info was taken from the MMP who gathered the info on the matter....
Oregon’s Cannabis Market Trending Upward
Oregon's cannabis market offers examples of industry pain points, as well as the ability to innovate and mature. Investors and entrepreneurs may want to be wary of the hyper-competitive market. However, if recent trends hold, Oregon may be turning towards prosperous...
California Approves Stimulus Money Marijuana Industry
In a turn of events that nobody would have imagined 15 years ago, the state of California is about to offer $100 million to marijuana growers and sellers to help them stay in business. The California legislature approved the plan Monday, which will see grants go to...
Cannabis Boom Revives Storefronts, Factories; Brings Jobs to Michigan
Before the state of Michigan legalized marijuana, various areas in the Southwest were filled with empty storefronts and warehouses. However, the plant’s legalization brought with it marijuana-industry investors into the state who were looking for locations to process...
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