Category: Geographical Data
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How Many Social Equity Cannabis Business Licenses Will Be Issued In Delaware?
Last year, Delaware approved adult-use cannabis legalization, including retail sales. Legal recreational cannabis sales are expected to launch in Delaware in the spring of 2025. Lawmakers in Delaware first legalized cannabis for medical use back in 2011. Part of Delaware’s legalization model involves issuing social equity business licenses. Delaware has the following qualification criteria for…
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How Much Total Tax Revenue Has Colorado’s Legal Cannabis Industry Generated?
The first legal adult-use cannabis sale in United States history occurred in Colorado on January 1st, 2014. Colorado voters initially approved Amendment 64 during the 2012 election, and legal sales launched after regulations were put into place. Washington State also legalized cannabis in 2012, however, legal sales did not begin in Washington until roughly half…
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Where Does Montana’s Legal Cannabis Taxes Go?
Montana first legalized cannabis for medical use in 2004, and Montana voters passed ballot initiative 190 in 2020 which legalized cannabis for recreational use. Legal adult-use sales began in Montana on January 1, 2021, with legal sales being subjected to tax. “According to Susie Lindsay, the Lead Fiscal Analyst for the DOR, in 2023, Montana…
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79% Of Americans Live In A County With At Least One Cannabis Dispensary
The first legal adult-use cannabis purchase from a licensed dispensary in United States history occurred in Colorado in 2014. Medical cannabis dispensaries were around prior to that in several states, with some of them being regulated and some operating in legal grey areas. Zooming forward to February 2024, and 79% of people living in the…
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Ohio Expected To Have 254 Cannabis Dispensaries By Mid-2025
Ohio’s emerging legal cannabis industry is in the midst of a major milestone right now, with state regulators currently accepting and processing applications from aspiring adult-use cannabis retailers. The application process for recreational cannabis dispensaries launched on Friday in Ohio. Pablo Zuniac of Zuniac and Associates recently conducted an analysis of Ohio’s cannabis industry, and…
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Are Major North American Cannabis Stocks Profitable?
When it comes to cannabis stock offerings, North America’s emerging cannabis market is likely the first thing that pops into people’s minds. Canada became the first G-7 nation to legalize cannabis nationally for adult-use in 2018. Cannabis remains prohibited at the federal level in the U.S., however, 24 states have adopted recreational cannabis legalization measures.…
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Legal Cannabis Sales Contributed $258.8 Million To Quebec’s Government In The Last Fiscal Year
Canada’s government legalized cannabis for adult use in October 2018, however, each province and territory was allowed to create many of their own laws, rules, and regulations, particularly as it pertained to cannabis commerce. In Quebec, only the Société québécoise du cannabis (SQDC) is authorized to sell cannabis. The SQDC describes itself as selling cannabis…
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Legal Missouri Cannabis Sales Reached $123.7 Million In May 2024
Legal adult-use cannabis sales launched in Missouri in February 2023, and in less than 30 days Missouri’s then nearly 200 dispensaries made roughly $72 million in sales. Missouri’s medical cannabis sales added an addition $31 million to the total amount of legal sales in Missouri during the period. Per original reporting by Marijuana Moment, during the first…
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Does Canada Produce Too Much Legal Cannabis?
Canada’s legal cannabis industry is good at producing cannabis products. In fact, it’s likely a bit too good at producing such products. Canada first legalized cannabis for recreational use in October 2018, and by August 2020, companies in Canada already had an excess of roughly 600,000 kilograms of unpackaged dried flower and 46,413 more kilograms…
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Home Values Increase Faster Near Legal Dispensaries According To Study
Cannabis opponents have claimed that the opening of legal cannabis dispensaries in a given area will harm the area’s viability. However, a recent study involving data from Oregon, Colorado, Washington, Michigan, and Illinois have found that legal cannabis dispensaries are associated with home values increasing faster in neighborhoods where dispensaries are located in. Will Begeny,…