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Colorado Marijuana Tax Revenue Breaks Annual Record

December 14, 2021
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Colorado
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Colorado's annual marijuana tax revenue haul has already reached a new high for the seventh straight year, according to the latest data from the state Department of Revenue. The DOR's latest monthly report on marijuana tax revenue shows that November's $32.5…

New Jersey

30 more medical marijuana dispensaries on the way in N.J.

New Jersey regulators Tuesday approved 30 new licenses to companies who will sell medicinal marijuana, more than doubling the number of retail locations for a growing pool of patients who for years complained about long commutes to obtain legal cannabis.…

California

Californians legalized pot, but these 10 big cities still don’t have retail dispensaries

November 29, 2021
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California
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Though Californians voted to legalize adult use marijuana in 2016, it remains largely unavailable in some of the biggest cities in the state. Out of the 482 cities in California, 174 of them allow some form of licensed cannabis business,…

Missouri

Missouri proposes rules allowing marijuana dispensaries to promote sales events

November 6, 2021
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Missouri
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Missouri medical marijuana officials proposed new rules this week that would let licensed dispensaries hold promotional events and publicize price discounts. If they do so, state-licensed dispensaries would be required to include a disclaimer with any promotion that reads: “Medical decisions should not be…

Massachusetts recreational cannabis sales surpass $2 billion less than 3 years after first adult-use retailers opened

In fewer than three years since recreational cannabis dispensaries opened in Massachusetts, gross sales have surpassed $2 billion, regulators announced Wednesday. At the close of business Tuesday, the state’s mandatory seed-to-sale tracking system showed that sales had reached $2,009,007,478, according to the…

Montana

Montana dispensaries, regulators prepping for recreational marijuana sales

There are now less than six months until Montana’s first legal recreational marijuana sales – set to begin on Jan. 1, 2022. That has both marijuana providers and state regulators hurrying to get ready for the major change. Thomas Swanson,…

Arizona dispensaries said they sold $120M in marijuana in March, but here’s why that number is off

Arizona marijuana dispensaries reported selling nearly $120 million worth of products in March, though officials at the Arizona Department of Revenue say the initial tax data are not yet reliable. The total sales and tax collections are jumbled because some…

As U.S. Cannabis Sales Boom, Curaleaf Sees Its Growth Accelerating

Sales of state-legal cannabis boomed in the March quarter. But they’ll grow even faster this quarter, judging by the guidance of the biggest licensed cannabis company, Curaleaf Holdings. March quarter revenue grew 16% from December’s for the 23-state operator, and it says…

Trulieve’s $2.1 Billion Harvest Acquisition Would Create One Of The Cannabis Industry’s Biggest Companies

Trulieve Cannabis, the largest cannabis cultivator and retailer in Florida, announced that it will acquire Harvest Health and Recreation, the largest cannabis operator in Arizona, in an all stock deal valued at $2.1 billion. The transaction must be approved by regulators, but if completed it…

Missouri

Secrecy Around Ownership Records Raises Questions About Missouri Marijuana Networks

Greenlight Dispensary advertises 16 medical marijuana locations across Missouri, from Cape Girardeau to Kansas City, and all points in between. Justice Grown, a Pennsylvania-based company, has ties to 14 dispensaries in Missouri. Yet Missouri’s constitution prohibits the state from granting…

Legal weed in NM may be a buzzkill for Colorado dispensaries

Legal recreational cannabis has been an economic boon for Trinidad and many other small towns across Colorado’s southern border. But New Mexico’s recent legalization of recreational cannabis could force dispensaries in the region to adapt to shifting demand as operators…

Colorado

New Mexico marijuana legalization poses a serious threat to Colorado’s lucrative border-town pot shops

When Colorado legalized the retail sale of marijuana in 2012, savvy entrepreneurs saw an opportunity beyond setting up shop in population centers like Denver and Boulder. They realized if they opened cannabis businesses in small towns along the state’s borders,…

Ohio plans to more than double number of medical marijuana dispensaries

April 20, 2021
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Ohio
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Ohio plans to grow the number of medical marijuana dispensaries in the state by more than twofold in the next year. Businesses can apply for 73 new dispensary licenses this summer, bringing the total allowed to 130 statewide. The Ohio…

New cannabis stores, marijuana tours, and protecting pets from pot on Illinois legislative agenda, but social equity remains a big issue

Plans to create 150 new marijuana stores, allow cannabis tours and make it a crime to get a pet sick from pot are among proposals Illinois lawmakers are expected to consider this spring. The proposed legislation comes as the state’s…

Medical marijuana providers stage protest over proposed new rules in Rhode Island

Medical marijuana providers and patients gathered outside the Augusta Civic Center on Wednesday to protest a series of proposed rule changes that one provider called “obscene and cost-prohibitive.” In January, the Maine Office of Marijuana Policy released a preliminary draft…