Author: Johnny Green
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New York Now Has 150 Licensed Adult-Use Cannabis Dispensaries
Days ago New York’s Governor announced that the state’s legal cannabis industry had crossed a major milestone – there are now 150 licensed recreational cannabis dispensaries operating in the state. The announcement comes amidst a push by New York regulators to shut down unlicensed cannabis dispensaries across the state. “Governor Kathy Hochul announced New York…
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57% Of Public Comments Support De-Scheduling Cannabis In The U.S.
United States President Joe Biden announced earlier this year that he would push for rescheduling cannabis from its current status as a Schedule I controlled substance to Schedule III. Part of the process to change cannabis’ federal status involved accepting comments from the public about the proposal. The window in which to comment lasted sixty…
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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…