Cannabis is flying off shelves in Connecticut, according to state data, and adult-use cannabis transactions accounted for over half of the money coming in. Adult-use sales began on Jan. 10 and sales revenue has increased every month since the market launched. The Department of Consumer Protection (DCP) announced in an Oct. 10 press release that […]
Author: Eric Sheetz
U.S. Census Bureau Shows $5.7 Billion Collected in Cannabis Tax Revenue Since Q3 2021
A report published by the U.S. Census Bureau recently shows the progress of cannabis tax revenue numbers for each state. It’s the first report of its kind from the bureau and begins with the Q3 2021. “The Quarterly Summary of State and Local Government Tax Revenue provides quarterly estimates of state and local government tax […]
Connecticut Sets Another Marijuana Sales Record In September, With Monthly Purchases Exceeding $25 Million For First Time
Connecticut saw yet another month of record-breaking marijuana sales in September, with medical and recreational purchases exceeding $25 million for the first time, new state data published on Tuesday shows. Adult-use cannabis sales hit $14,388,751 last month—the ninth month in a row of record-topping recreational marijuana purchases since the market launched in January. Medical cannabis […]
Michigan Governor To Review Cannabis Regulatory Agency, Tribal Business Bills
Two cannabis bills were recently sent to the desk of Gov. Gretchen Whitmer, and if passed, would work in tandem to allow the Cannabis Regulatory Agency (CRA) to do business with local Native American cannabis businesses, and vice versa. Currently, state licensed cannabis and tribal cannabis businesses must operate separately from one another and cannot […]
Putin Says Cocaine, Grenades Caused Fatal Plane Crash of Enemy, Not Assassination
Russian President Vladimir Putin suggested on Thursday that mercenary Yevgeny Prigozhin’s fiery death in a plane that went down was due to cocaine and grenades, not a coordinated assassination in retaliation for his uprising, as many suspect. Prigozhin’s days were numbered the moment he led the Wagner Group—his paramilitary mercenary group—in a short but surprisingly […]
Professional Association Recognizes Cannabis Nursing as a Specialty Practice
The American Nurses Association (ANA) announced last week that it now formally recognizes cannabis nursing as a specialty practice. The professional association, which represents the interests of the more than 5 million nurses in the nation, also noted that cannabis nursing is identified by the American Cannabis Nurses Association (ACNA) as a specialty nursing practice […]
Portland, Maine ‘Deprioritizes’ Prosecution for Psilocybin
The city council in Portland, Maine “voted 6-3 to pass a resolution deprioritizing prosecution for possession” of magic mushrooms and other psychedelic drugs, according to local news outlet News Center Maine, and NBC affiliate. The outlet noted that the resolution does not decriminalize such psychedelics, as has been reported elsewhere. Instead, it “sets official city […]
Illinois Officials Highlight ‘Unprecedented Growth’ Of Legal Marijuana Market As Cannabis Revenue Outpaces Alcohol
Legal marijuana in Illinois saw “unprecedented growth” in fiscal year 2023, says a new annual report from the state’s Department of Financial and Professional Regulation (IDFPR), with the opening of 28 new retailers and more than $1.5 billion in total retail sales. Total tax revenue from the industry dropped in fiscal year 2023, however, falling […]
Cannabis Companies, Breast Cancer Organizations Join Forces for Breast Cancer Awareness
According to the Centers for Disease Control and Prevention (CDC), 240,000 women and 2,100 men are diagnosed with breast cancer every year. Of that number, an estimated 42,000 women and 500 men lose their lives to the disease. There are many factors that contribute to a person’s diagnosis, including older age, genetic mutations, or having […]
Nearly $37M of Illegal Weed Found in Oakland, California Warehouse
Last weekend, officials descended upon a warehouse in Oakland, California, allegedly full of illegal cannabis plants, according to the California Department of Fish and Wildlife (CDFW). Not only cannabis opponents, but also law-abiding operators are not fans of illegal cannabis operations that they must compete with. The department said that it’s one of the largest […]