Uruguay’s Historic Legalization: Six Years, And More Than 10 Million Grams Later
This month marks six years since Uruguay launched legal recreational sales in the country, and newly released data illuminates how successful the cannabis program has been. The South American country’s…
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New York Cannabis Social Equity Fund Secures $150 Million Investment
New York Governor Kathy Hochul announced last week that the state’s Cannabis Social Equity Fund has secured a $150 million investment to support entrepreneurs licensed to open recreational cannabis retail…
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Mets Owner Steve Cohen Donates $5 Million In Support Of Psychedelics Research
A charity led by New York Mets owner Steve Cohen and his wife Alexandra donates millions of dollars to advance psychedelic drug research. The Steven & Alexandra Cohen Foundation has…
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Connecticut Sells $23 Million Worth of Cannabis in May
Connecticut collected $23 million worth of cannabis in May this year. NBC coverage. And this number is nothing out of the ordinary. The raw numbers show that the amount of…
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Kentucky To Allocate $42 Million For Psychedelic Research
Kentucky is committing tens of millions of dollars to support psychedelic research as part of its fight against opioid addiction, the state announced Wednesday. At a press conference held by…
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California Agency Awards Over $50 Million in Cannabis Tax Funds to 31 Organizations
of California Governor’s Office of Business and Economic Development (GO-Biz) announced on May 25 that it will again give a small number of subsidies to various health departments and nonprofits.…
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Study Says Cannabis Legalization Could Net Western Australia $243.5 Million Windfall
A newly published study finds that legalizing marijuana could bring significant economic benefits to Australia. ABC Radio Perth reported. The study, conducted through the University of Western Australia, found that…
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Connecticut Takes in $21 Million in Legal Weed Sales for April
Legal cannabis sales in Connecticut are stable, in national news $21 million in medical and adult cannabis revenue in April. The newly launched adult market hit $10.2 million in April,…
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Riverside County Law Enforcement Seizes $1 Million in Illegal Cannabis, Mushroom Products
according to press release The attack occurred around 5:30 pm on May 4, according to reports from the Riverside County Sheriff’s Department. The Jurupa Valley Sheriff’s Department Special Enforcement Team…
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North Carolina Cherokee Chief Rejects $64 Million Proposal for State’s First Dispensary
A North Carolina tribal chief reportedly proposed $64 million in additional spending for what would be the state’s first medical cannabis dispensary, but he rejected it. of Charlotte Observer report…
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California Cannabis Department Grants Nearly $20 Million to Academic Institutions
The California Cannabis Control Commission (DCC) awarded $19,942,918 to 16 academic institutions planning to research cannabis on April 26. The grant will fund research initiatives investigating the effects of cannabis…
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New Mexico Recreational Cannabis Sales Top $300 Million In First Year
New Mexico Gov. Michelle Lujan Grisham announced on April 3 that recreational marijuana sales in New Mexico totaled more than $300 million in the first year of regulating adult cannabis…
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Missouri’s First Month of Legal Recreational Pot Sales Tops $100 Million
Cannabis retailers in Missouri posted more than $100 million in sales in February. This is the first month that recreational marijuana has been legally sold in the state. according to…
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Iowa Medical Cannabis Program Continues To Rise With $10 Million in Sales
Iowa Cannabidiol Commission By the end of December 2022, the state reported having collected $10.2 million in sales through its five pharmacies. In August alone, State broke her $1 million…
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New Mexico December Cannabis Sales Total More Than $40 Million
Regulated cannabis sales in New Mexico surpassed $40 million in December, with recreational marijuana sales setting a new record of $28 million. Medical marijuana sales in the final month of…
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Montana Tops $200 Million in First Year of Recreational Pot Sales
Montana raised over $200 million in its first year of recreational cannabis sales. the state reported this week. Montana Department of Revenue release figure Details how much money will be…
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New Jersey Q3 Adult-Use Cannabis Sales Top $100 Million
Adult-use cannabis sales in New Jersey surpassed $100 million in the third quarter of 2022, according to the company. recently published data From a national civil servant. The New Jersey…
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Vermont Sells Over $2.6 Million in Adult-Use Cannabis
Vermont’s adult cannabis industry has experienced rapid growth. According to the Vermont Department of Taxation, a cannabis store in Vermont sold $2.6 million worth of product in October, the first…
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Yearly Cannabis Sales in Washington State Decline by $120 Million
Cannabis sales in Washington state have fallen by about $120 million over the past year, according to a recent market analysis report. Marijuana retail sales fell more than 8% from…
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Australian Residents Could Save $850 Million Annually if Cannabis is Decriminalized
It’s time to take a closer look at the benefits of cannabis legalization, according to a new Pennington Institute report. “The Pennington Institute Annual overdose report in Australia, authoritative study…
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