Tag: cannabis insurance

Connecticut adult-use marijuana sales reached another record high for the seventh month in a row in July, state data shows. The state Department of Consumer Protection (DCP) released the latest sales totals on Thursday, showing $13 million in recreational cannabis purchases last month. That’s about $500,000 more than the prior month and nearly three times […]

Marijuana sales are booming in the Northeast, with three states in the region—Maine, Massachusetts and Rhode Island—all hitting new records in July. Maine retailers sold $20.8 million in cannabis in July, which is the third month of record-setting totals in a row. So far in the first half of the year, the state has seen […]

Illinois retailers sold $140 million worth of recreational marijuana products in July—the strongest sales of the year and second highest monthly total for the state since the adult-use market launched in 2020. The state Department of Financial and Professional Regulation (DFPR) released the sales figures on Thursday, showing that people purchased 3,580,946 adult-use cannabis products […]

The first—and, for now, only—recreational marijuana shop in Minnesota opened its doors on Tuesday. And the demand was intense, with the business so overwhelmed that it had to turn customers away at the store and also temporarily suspended online orders to keep up. The Red Lake Nation tribe was quick to take advantage of a […]

Maryland legal marijuana sales reached a record high of $87.4 million in July, the first month since the recreational market launched, state data shows. That more than doubles the sales totals for June, when medical cannabis dispensaries were only serving patients. About 100 of those existing dispensaries were cleared to service adult consumers starting July […]

Missouri has been selling about $4 million worth of marijuana per day on average since the state’s adult-use market opened up in February—and the state saw a record $121.2 million in cannabis purchases last month—state data shows. Since recreational sales started, the adult-use market has quickly overtaken the state’s medical marijuana program, which has seen […]

Michigan marijuana sales hit another record high in June, reaching nearly $261 million. Adult-use cannabis purchases accounted for the majority of the total, at $254,153,133. Medical marijuana sales were at $6,643,877.  This beats the prior record set in March by more than $10 million. Most of the cannabis purchases came from flower, followed by vape […]

Meta—the parent company of Facebook, Instagram and the new social network Threads—has updated its cannabis advertising policy to permit the promotion of non-ingestible CBD products, with limitations, and also loosen restrictions on hemp ads. The social media conglomerate said in a notice on Tuesday that CBD products containing up to 0.3 percent THC, which meets […]

Six months into the launch of Connecticut’s adult-use marijuana market, the state saw nearly $24 million in combined medical and recreational cannabis sales in June—a record monthly high—according to the Department of Consumer Protection (DCP). Since adult-use sales began six months ago in January, Connecticut cannabis purchases have collectively totaled about $122 million. June also […]

Maryland marijuana sales totaled more than $10 million this past holiday weekend as retail sales for adult consumers launched across the state, the Maryland Cannabis Administration (MCA) reported. From Friday through Sunday, collective recreational and medical cannabis purchases reached $10,429,736—which is more than double the $3,985,527 in medical marijuana sales that the state saw during […]