New York Fined Unlicensed Weed Shops More Than $25 Million — and Collected Almost None of That February 24, 2024 AggregatedNews New York 0 Comments The state has levied more than $25 million in fines against unlicensed smoke shops for selling cannabis products since last year, but so far only a minuscule percent of those fines have been collected by both the state Tax Department… Read More→
Grown in Oklahoma, Smoked in New York: Illicit Marijuana’s Legal Roots February 24, 2024 AggregatedNews Black Market, New York, Oklahoma 0 Comments In the dead of night last April, state drug agents in Oklahoma intercepted an 18-wheeler rumbling east toward the Arkansas border smuggling 7,000 pounds of marijuana hidden in security camera boxes. The weed was from licensed farms in Oklahoma, according… Read More→
Germany set to legalise cannabis, but it’s complicated February 23, 2024 AggregatedNews Germany 0 Comments The German parliament is about to vote on a new law to allow the recreational use of cannabis. If MPs vote yes, over 18s in Germany will be allowed to possess substantial amounts of cannabis, but strict rules will make… Read More→
Massachusetts breaks record for marijuana sales, for the 6th year in a row February 7, 2024 AggregatedNews Massachusetts 0 Comments Massachusetts set a new record for marijuana purchases in 2023, with December capping the year off as the best-ever sales month, the Cannabis Control Commission (CCC) said in a press release Tuesday. Adult-use marijuana establishments in the state grossed more than $1.56… Read More→
Judge rejects a claim that New York’s marijuana licensing cheats out-of-state applicants February 5, 2024 AggregatedNews New York 0 Comments A federal judge has rejected a challenge to New York state’s licensing program for selling legal marijuana, a system two California applicants say unconstitutionally discriminates against out-of-state residents. The ruling Friday by Albany Judge Anne M. Nardacci may spur New York… Read More→
NY’s legal weed sales aren’t raking in cash as predicted. How much has sold so far? August 3, 2023 AggregatedNews New York, Uncategorized 0 Comments As New York cracked down on unlicensed cannabis shops, sales of legal marijuana grew to reach a total of $33 million during the industry’s first six months, state records show. But the legal cannabis marketplace, which launched in January, remains far… Read More→
Why won’t Delaware let medical weed dispensaries kick off retail sales, like New Jersey and Maryland did? July 31, 2023 AggregatedNews Delaware 0 Comments When New Jersey and Maryland legalized retail sales of recreational marijuana, those states permitted medical dispensaries to be the first stores to sell weed to the general public. Their neighbor Delaware, however, isn’t letting that happen. Instead, lawmakers created a… Read More→
Buying time, Minnesota cities temporarily ban cannabis sales July 24, 2023 AggregatedNews Minnesota 0 Comments Rochester is poised to join a growing number of Minnesota cities adopting ordinances that temporarily prohibit retail sales of cannabis until state regulations are sorted out. If approved by the Rochester City Council, the prohibition would last until January 2025.… Read More→
Colorado Marijuana Industry on Pace for Another Annual Dip in 2023 July 17, 2023 AggregatedNews Colorado 1 Comment Colorado dispensaries will collect less money in 2023 than they did last year, according to sales projections based on state Department of Revenue data. Through the first five months of 2023, Colorado saw just over $651 million in marijuana sales,… Read More→
New Mexico revokes license of local marijuana retailer for selling cannabis from California July 14, 2023 AggregatedNews New Mexico 1 Comment New Mexico has revoked the license of a marijuana retailer in Albuquerque for selling out-of-state cannabis in violation of state law, the state cannabis control division announced Thursday. Regulators allege that the Paradise Exotics Distro cannabis store on a central… Read More→
4 things you need to know about marijuana retail sales in Maryland June 28, 2023 AggregatedNews Maryland 0 Comments On July 1, Maryland will join D.C. and Virginia in legalizing recreational marijuana — but unlike those other jurisdictions, a regulated and functional retail market for marijuana will also open up. “It’s going to be extremely busy,” said Brandon Barksdale,… Read More→
Oklahoma’s medical marijuana agency ‘ready to really get going’ June 22, 2023 AggregatedNews Oklahoma 0 Comments Lawyers for the Oklahoma Medical Marijuana Authority took a seat at one of two tables before a judge as the morning sun splashed through the hexagon-shape windows of a first-floor makeshift courtroom inside the state agency’s building near the state… Read More→
Missouri Bill Would Allow Credit Cards For Marijuana Purchases June 21, 2023 AggregatedNews Missouri 0 Comments Missouri could be seeing green when it comes to the medical and recreational marijuana industries. Since marijuana is not legalized on the federal level, banks and credit card companies typically won’t allow plastic to pay for marijuana. But the Missouri… Read More→
Rhode Island’s pot stores can now legally advertise. Get ready for billboards, bus wraps, and radio spots. June 20, 2023 AggregatedNews Rhode Island 0 Comments Joe Pakuris watched what he called fairness and common sense unfurl over his retail marijuana dispensary Tuesday as workers high above Interstate 95 raised a billboard for his Mother Earth Wellness shop, one day after Gov. Dan McKee legalized outdoor pot advertising. Pakuris’… Read More→
Minnesota’s legal marijuana sales projected to reach $1.5B by 2029 June 20, 2023 AggregatedNews Minnesota 0 Comments Minnesota's legal marijuana market could generate $1.5 billion in annual sales by the end of the decade and serve more than 700,000 consumers a year, according to a new market analysis from one of the nation's top cannabis law firms.… Read More→