Author: Cannabis Data
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How Much Does Legal Cannabis Cost In Germany At Cultivation Associations?
Starting on July 1st, 2024, entities can apply with their local regulatory authorities to start a cannabis cultivation association in Germany. According to recent reporting by the International Cannabis Business Conference, over two hundred entities have already applied, with the first cultivation association approved in Germany in Lower Saxony last month. Cultivation associations are part…
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Ohio’s Legal Recreational Cannabis Sales Averaging $1.7 Million A Day
Legal adult-use cannabis sales launched earlier this month in Ohio, and strong sales numbers do not appear to be subsiding. According to local reporting by WKBN, “over the first 19 days — $32.9 million worth of recreational marijuana has been sold — or an average of $1.7 million a day.” “Meanwhile, since July 1, sales of…
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Nevada Issues Six Cannabis Consumption Lounge Licenses To Social Equity Applicants
The State of Nevada will soon have more cannabis consumption lounges after regulators recently approved six new licenses, all to social equity applicants. There are currently only two legal cannabis lounges operating in the State of Nevada. “The applications were selected using random number generator software,” the Nevada Cannabis Compliance Control Board (CCB) stated in…
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Vermont’s Legal Cannabis Industry Exceeded Projected Market Value By 48%
In 2022, the Vermont Legislative Joint Fiscal Office projected that by June 2022 the state’s legal cannabis industry would have an annual market value of $86 million by June 2024. However, according to Vermont Cannabis Control Board Chair James Pepper, Vermont’s legal market reached $128 million in the fiscal year ending in June 2024. “Since the…
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Alcohol Consumption Is Down In Legal Cannabis Jurisdictions According To Multiple Surveys
Arguably the most successful cannabis campaign slogan of all time is ‘regulate cannabis like alcohol.’ The slogan was first championed by activists in Colorado leading up to their state’s successful legalization vote on Election Day 2012. The slogan was later incorporated by activists throughout the United States. To be clear, cannabis advocates were not shaming…
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Worldwide Handheld Cannabis Vaporizer Market Projected To Reach $18.1 Billion By 2033
The global handheld cannabis vaporizer market is projected to reach $18.1 billion in value by 2033 according to a market analysis by Allied Market Research. The market research firm estimates that the handheld cannabis vaporizer sector was worth $5.4 billion in 2023. “The handheld marijuana vaporizer market growth is primarily driven by the increasing legalization…
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Over 93% Of Cannabis Sales In Washington D.C. Remain Unregulated
Voters in Washington D.C. approved adult-use cannabis legalization in 2014, however, recreational cannabis sales remain prohibited in D.C. due to Congress refraining from granting the federal district permission to conduct regulated adult-use cannabis commerce. Medical cannabis commerce is permitted in D.C. Unregulated cannabis sales have proliferated Washington D.C. during the last decade, and according to…
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25 German Cities Reportedly Want To Participate In Cannabis Pilots
Days ago, officials in Wiesbaden, a city in the western German state of Hesse, published a letter of intent to participate in the nation’s eventual regional adult-use cannabis commerce pilot program. Cannabis pilot trials are part of ‘pillar 2’ of Germany’s legalization model. Regional adult-use cannabis commerce pilot trials involve permitting a limited number of…
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Oregon Continues To Have The Cheapest Legal Cannabis Prices In The U.S.
Oregon continues to have the lowest prices for legal cannabis in the United States according to a recent analysis by California-based Pacific Stone. The results of the analysis were first reported by Green Market Report. The State of Oregon became the third state to adopt a recreational cannabis legalization measure in 2014, only behind Colorado…
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Kentucky Has Received 170 Applications For Medical Cannabis Business Licenses
According to a social media post this week, the Kentucky Office of Medical Cannabis has received 170 applications for medical cannabis business licenses. On March 31, 2023, Governor Andy Beshear signed Senate Bill 47 (SB 47) into law, legalizing medical cannabis for Kentuckians beginning Jan. 1, 2025. Below is a breakdown by medical cannabis license…