Category: Geographical Data
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Cannabis Tax Revenues Are Down In Santa Barbara County, California
In a trend that can be found throughout the State of California, local cannabis tax revenues in Santa Barbara County are lower than anticipated. Legal cannabis sales in California continue to underperform as the legal industry battles the still-thriving unregulated market. “The shortfall for this fiscal year, covering June 2023 through June 2024, will likely…
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How Many Recreational Cannabis Business Licenses Is Minnesota Issuing?
Starting in July 2024, people who qualify under Minnesota’s social equity provisions of the state’s adult-use cannabis law can start applying for recreational cannabis business licenses. Minnesota became the 23rd state to legalize cannabis for recreational use when lawmakers adopted an adult-use legalization measure in 2023. Minnesota’s adult-use cannabis legalization measure became effective on August…
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How Many Cannabis Microbusiness Licenses Has Missouri Issued?
Missouri’s Division of Cannabis Regulation recently posted the results of a random lottery drawing it conducted to award cannabis microbusiness licenses to qualified entities. It was the second of three expected rounds of microbusiness licenses to be awarded, per Article XIV, Section 2 of the Missouri Constitution. “More than 2,000 applicants applied between April 15-29.…
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Legal Cannabis Sales Are Declining In California
California is considered by many cannabis enthusiasts to be the best state in the U.S. for cannabis. California was the first state to ever pass a medical cannabis legalization measure in 1996, and voters in California approved recreational cannabis legalization in 2016. Unfortunately, California’s legal recreational cannabis industry has struggled since its inception, with many…
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California Cannabis Tax Revenue Fund Grantees Receive Over $46 Million
The California Governor’s Office of Business and Economic Development (GO-Biz) recently announced a new round of cannabis tax revenue community investments. This batch of grants for fiscal year 2023-2024, which was awarded to grantees from the California Community Reinvestment Grants program (CalCRG), went to 30 different organizations and involved a total of $46.6 million in…
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How Many Cannabis Product Recalls Has California Issued In 2024?
In nearly every industry involving products that humans consume, government-mandated recalls will occur for various reasons. For the emerging legal cannabis industry, product recall efforts are a market component that differentiates it from the unregulated cannabis industry. Ideally, product recalls would never occur because cannabis products would always be uniform. However, the reality is that…
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Michigan’s Legal Cannabis Industry Outsold California In March 2024
California has long been associated with cannabis, with the Golden State being home to the famed Emerald Triangle where a thriving cannabis cultivation community has operated for several decades. California was the first state to adopt medical cannabis legalization back in 1996, and in 2016 the state’s voters approved recreational cannabis legalization. However, California appears…
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UK Doctors Have Prescribed Medical Cannabis To Over 30,000 Patients
The United Kingdom first adopted its current limited medical cannabis policies in November 2018. Since that time, tens of thousands of suffering patients have been prescribed medical cannabis products. “Medical cannabis has been legal on prescription in the UK since November 2018, and an estimated 30,000 people use it,” the Byline Times stated in its recent…
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Ohio Adds Four More Cannabis Dispensaries Ahead Of Recreational Sales Launch
Ohio regulators are expected to start accepting applications for recreational cannabis business licenses this week. In the lead up to the launch of adult-use cannabis sales, Ohio approved licenses for four more medical cannabis dispensaries. “Four more medical marijuana dispensaries have been given state approval to open their doors to patients in recent weeks –…
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Over 22% Of Illinois Recreational Cannabis Sales Are To Out-Of-State Customers
Illinois became the 11th state to adopt a statewide adult-use cannabis legalization measure on June 25, 2019, when Illinois Governor JB Pritzker signed House Bill 1438. The legislation provided for the eventual legal sales of adult-use cannabis products through licensed dispensaries. On January 1, 2020, the first legal adult-use cannabis purchase was made in Illinois,…