In 2024, the legal marijuana market in the United States reached new heights, with 21 states collectively generating over $23 billion in sales. This surge reflects the growing acceptance and economic impact of cannabis legalization across the nation.Top PerformersCalifornia led the pack with an impressive $4.27 billion in sales, maintaining its position as the largest cannabis … [Read more...] about Who’s In The Billion-Dollar Club
In The News
420 Sales Drop: Easter Holiday Impact on Cannabis Industry
When April 20 hit this year, cannabis consumers across the nation were ready to celebrate 420—the ultimate weed holiday. However, in many places, dispensaries saw a sharp decline in sales, thanks to an unlikely culprit: Easter Sunday. They fell on the same day this year.April 20, 2023, fell on a Saturday, a prime opportunity for dispensaries to cash in on the high-demand day … [Read more...] about 420 Sales Drop: Easter Holiday Impact on Cannabis Industry
Nebraska Judge Dismisses Charges Against Notary in Medical Marijuana Petition Case
In a significant legal development, all charges against Jacy C. Todd, a notary public from York, Nebraska, have been dismissed. Todd faced 24 counts of official misconduct related to the notarization of medical marijuana petition pages. Hall County Judge Alfred Corey ruled that notaries are not public servants performing governmental functions and therefore cannot be charged … [Read more...] about Nebraska Judge Dismisses Charges Against Notary in Medical Marijuana Petition Case
Q&A with Connecticut’s first licensed cannabis cultivator
Connecticut was the 17th state to join the country-wide movement to legalize cannabis in 2012. Watertown’s Theraplant was the first of the original four licensed cannabis cultivators in the state, having begun medical use in 2014. Chief Executive Officer David Goldburg reflects here on the progress Theraplant has made since he became CEO in January 2024.1. What are the biggest … [Read more...] about Q&A with Connecticut’s first licensed cannabis cultivator
Connecticut Cannabis Industry Faces Rising Costs Amid Tariffs on Chinese Imports
Connecticut's cannabis sector is bracing for increased operational costs due to heightened tariffs on Chinese imports. These tariffs, imposed by the Trump administration, affect essential components like lighting, HVAC systems, and retail fixtures, which are predominantly sourced from China.Although Connecticut mandates that cannabis be cultivated and sold within the state, … [Read more...] about Connecticut Cannabis Industry Faces Rising Costs Amid Tariffs on Chinese Imports
From Badge to Bars: Florida Trooper Sentenced for Drug Trafficking Scheme
A former Florida Highway Patrol trooper has been sentenced to over 12 years in federal prison for his role in stealing drugs from evidence and conspiring to distribute them.The trooper, identified as Earrey, pleaded guilty in April 2024 to charges of conspiracy to distribute narcotics, conspiracy to defraud the United States, and possession of firearms in furtherance of a … [Read more...] about From Badge to Bars: Florida Trooper Sentenced for Drug Trafficking Scheme
CT Cops Say Weed Laws Tie Their Hands—Lawmakers Push Back
Connecticut lawmakers are currently engaged in a heated debate over proposed legislation that would allow police officers to stop drivers solely for smoking marijuana while operating a vehicle. This discussion arises amidst concerns about road safety and the challenges of enforcing impaired driving laws in the wake of cannabis legalization.Law Enforcement's PerspectivePolice … [Read more...] about CT Cops Say Weed Laws Tie Their Hands—Lawmakers Push Back
Connecticut Business Unveils Innovative Scent-Based Product Experience
In a novel approach to product marketing, a Connecticut-based business has introduced a unique method of engaging customers through scent. The company has developed a product that allows consumers to experience its fragrance without the ability to physically try it, offering a new sensory dimension to product presentation.This innovative strategy aligns with a growing trend in … [Read more...] about Connecticut Business Unveils Innovative Scent-Based Product Experience
NYC Seniors Embrace Cannabis: The Rising Trend of Marijuana Use Among Older Adults
In New York City, a growing number of seniors are turning to cannabis, reflecting a broader national trend of increased marijuana use among older adults. Recent data indicates that cannabis consumption among Americans aged 65 and older has risen significantly, with usage rates increasing from 0.4% in 2007 to 8.4% in 2022 .This shift is attributed to several factors, including … [Read more...] about NYC Seniors Embrace Cannabis: The Rising Trend of Marijuana Use Among Older Adults
Federal Developments: Rescheduling and Legislative Initiatives
In a landmark move, the U.S. Department of Justice initiated a formal rulemaking process in May 2024 to reschedule marijuana from a Schedule I to a Schedule III substance under the Controlled Substances Act. This proposal, influenced by recommendations from the Department of Health and Human Services, acknowledges marijuana's accepted medical use and aims to reduce federal … [Read more...] about Federal Developments: Rescheduling and Legislative Initiatives
