Category: Geographical Data
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Consumers Report Drinking Less Alcohol After Cannabis Sales Become Legal
Consumers in North America have reported consuming less alcohol after their jurisdictions legalized recreational cannabis sales according to the results of two new surveys, suggesting that consumers are replacing alcohol use with cannabis use. “In Canada, where cannabis has been legal nationwide since 2018, 22.8% of people who use both cannabis and alcohol reported drinking…
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Western German State To Allow Up To 3,000 Cannabis Clubs
Part of Germany’s adult-use legalization model involves permitting noncommercial social cannabis clubs. The clubs have to adhere to various rules, including limiting membership to a maximum of 500 members, and restricting sales to 50 grams per member a month (30 grams for members 18-20 years old). Clubs will also be permitted to sell cannabis clones…
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Maryland’s Adult-Use Cannabis Industry Generated More Than $14 Million In Sales Tax In Q1
Maryland Comptroller Brooke E. Lierman announced today that Maryland’s legal adult-use cannabis industry generated more than $14.6 million in recreational cannabis sales taxes between January and March 2024. Adult-use cannabis and cannabis products are taxed at a rate of 9% in Maryland. The state of Maryland collected more than $14.6M in revenue from adult-use cannabis…
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Charlotte’s Web CBD Products Debut In 827 Walmart Stores Across Five States
Charlotte’s Web is a Colorado-based B Corp company specializing in the creation, distribution, and sales of cannabinoid-based products. The company describes itself on its website as starting “as a mission, not a company. In the early days, our extract was something we gave away to help those who could benefit from it. Ten years later,…
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How Much Is Hawaii’s Cannabis Market Worth?
In December 2022, the State of Hawaii’s Department of Health (Office of Medical Cannabis Control and Regulation) issued a report to Hawaii’s Legislature summarizing research on a potential ‘dual-use’ cannabis industry in which medical cannabis dispensaries in Hawaii would also be permitted to sell recreational cannabis products. The goal of the report was to “explore…
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More Than 700 Minnesota Cannabis Social Equity Business Applications Received In First 24 Hours
Starting on Monday, June 24th, 2024, the State of Minnesota began accepting adult-use cannabis business license applications from social equity applicants. In the first 24 hours after the Minnesota Office of Cannabis Management’s online application went live, regulators reportedly received over 700 applications. Social equity applicants get to apply for recreational cannabis business licenses in…
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Indiana Misses Out On $171 Million In Tax Revenue A Year Due To Cannabis Prohibition
Currently, Indiana does not permit medical or recreational cannabis commerce, with the exception of certain hemp-derived products containing low amounts of THC. Hemp commerce was legalized nationwide in the U.S. as part of the 2018 Farm Bill, including in Indiana. However, in January 2023 Indiana Attorney General Todd Rokita issued an advisory opinion indicating that…
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Canada’s Hemp Industry Continues To Shrink
As Canada’s legal adult-use cannabis industry has increased in size and scope in recent years, the same cannot be said about the nation’s hemp industry. According to Canadian government data, the number of industrial hemp licenses issued has trended downward in recent years. Below is the number of licenses issued by year: 2018: 542 licenses…
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How Much Hemp Does South Dakota Produce?
South Dakota was the third state to adopt its own hemp production laws after the historic 2018 Farm Bill was passed at the national level. The 2018 Farm Bill legalized hemp production across the country, and since its enactment some states have produced more hemp than others. South Dakota produced more hemp than any other…
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Montana May Halt Issuing Cannabis Business Licenses Until 2027
Medical cannabis was first legalized via ballot initiative in 2004, and voters approved a recreational cannabis legalization measure in 2020. As of January 1, 2022, cannabis became legal to purchase in the state of Montana by individuals 21 and over. The Montana Department of Revenue issues separate licenses for cannabis cultivators, manufacturers, dispensaries, transporters, and…