Author: Cannabis Data
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Survey Finds That Only 27.3% Of Legal U.S. Cannabis Operators Are Profitable
The overall legal cannabis industry in the United States is massive, with total legal cannabis sales in the United States expected to top $31.4 billion in 2024 according to a recent analysis by Whitney Economics. Additionally, leading cannabis jobs platform Vangst, in conjunction with Whitney Economics, estimates that the legal cannabis industry now supports 440,445…
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Arkansas’ Legal Medical Cannabis Industry Sold 36,135 Pounds In The First Half Of 2024
The legal medical cannabis industry in Arkansas sold 36,135 pounds in the first half of 2024 according to the Arkansas Department of Finance and Administration (DFA), with total sales reaching $135.5 million during the time period. “DFA officials say that this total was reached after sales between Apr. 1 and Jun. 30 totaled $67 million,…
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Global Cannabis Seeds Market Projected To Reach $6.5 Billion By 2031
The global cannabis seeds market is already a massive industry, and the worldwide market for cannabis seeds is set to experience significant growth in the coming years. According to a recent market analysis by Allied Analytics, the global cannabis seeds market is projected to reach an estimated $6.5 billion in value by 2031. “The cannabis…
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Europe Medical Cannabis Oil Market Projected To Reach $2.39 Billion By 2032
The European medical cannabis oil market is projected to reach nearly $2.4 billion in value by 2032 according to a recent analysis by Astute Analytica. Astute Analytica describes itself as ‘a global analytics and advisory company.’ “According to Astute Analytica, the Europe medical cannabis oil market was valued at US$ 905.56 million in 2023 and is…
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How Many Cannabis Brands Sold Products At The 2024 California State Fair?
The California State Fair made history this summer by allowing on-site cannabis sales and consumption. Oregon was the first state to permit a recreational cannabis exhibit back in 2016, however, Oregon’s State Fair did not permit on-site sales and consumption. “Approximately 80 of California’s best brands—including more than half from craft, legacy and social equity…
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How Many Students Have A Stockton University Cannabis Degree?
The United States cannabis industry is increasing in size year after year, and it is creating a number of jobs in the process. Leading cannabis jobs platform Vangst, in conjunction with Whitney Economics, estimates that the legal cannabis industry now supports 440,445 full time-equivalent cannabis jobs in the United States. More and more colleges and universities…
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New York City Has Shut Down Over 630 Illegal Cannabis Stores
New York City officials recently launched ‘Operation Padlock to Protect,’ and according to a recent news release from the City, regulators have shut down over 600 cannabis shops operating without a license. Unlicensed cannabis stores have proliferated New York City in recent years. “We have been clear: illegal smoke shops will no longer be able…
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Colorado Legal Cannabis Sales Topped $113 Million In May 2024
Colorado’s legal cannabis dispensaries sold $113,174,488 worth of products in May 2024 according to the Colorado Department of Revenue, a slight decrease from April 2024 when Colorado’s licensed dispensaries sold over $120 million. The state’s Department of Revenue also released total cannabis tax and fee revenues for June 2024. Colorado’s legal cannabis industry generated $18,349,502…
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Michigan’s Legal Cannabis Industry Sold Over $278 Million Worth Of Legal Products In June 2024
Michigan’s legal cannabis dispensaries sold over $278 million worth of products in June 2024, up slightly from $274 million the previous month. According to original reporting by New Cannabis Ventures, June’s sales totals “were up 6.9% from a year earlier.” “The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling…
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How Many Medical Cannabis Patients Are Registered In Israel?
Israel’s modern medical cannabis policies were first implemented in 1999, making Israel the first nation to legalize medical cannabis at a national level. Israel has long served as an international cannabis research hub, with groundbreaking research led by Raphael Mechoulam occurring in Israel as far back as the 1960s. “After a record of over 140,000…