Category: Geographical Data
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Ohio Cannabis Dispensaries Sold Over 1,200 Pounds Of Cannabis Flower In First 5 Days Of Recreational Sales
Legal sales of recreational cannabis products through licensed Ohio dispensaries started on August 6th, 2024. In the first five days of sales, regulated dispensaries sold more than $11.5 million in flower, vape pods, edibles, and other cannabis products. “Dispensaries statewide had 138,466 receipts from the start of sales on August 6 until the end of…
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Worldwide Legal Cannabis Market Projected To Surpass $148.4 Billion By 2031
The legal global cannabis industry is set for significant expansion in the coming years, and a new report by Skyquest Technology Consulting is projecting that the regulated worldwide cannabis market will surpass $148.4 billion in value by 2031. “Cannabis market was valued at USD 36.4 Billion in 2022 and is poised to grow from USD…
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How Long Have States Taken Between Cannabis Legalization And Launching Sales?
Currently, 24 states have adopted adult-use cannabis legalization measures in the United States, along with the District of Columbia. Cannabis remains prohibited at the federal level in the U.S., although cannabis is expected to be rescheduled from Schedule I to Schedule III in the near future. The first states to legalize cannabis for recreational use…
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What Cannabis Courses Does Metropolitan Community College In Kansas City, Missouri Offer?
Missouri is currently home to one of the largest and fastest-growing legal cannabis markets in the United States. According to cannabis data company Headset, “Missouri’s cannabis market has shown a steady growth trajectory over the past two years, with total sales reaching approximately $123.3 million in July 2024.” “The industry also added roughly 4,000 jobs…
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77% Of Consumers In Legal Markets Buy Most Or All Of Their Cannabis From Regulated Stores
NuggMD, an online platform for medical cannabis patients seeking doctor approval (among other things) in 28 states, describes itself as “a team of technology enthusiasts, doctors, and cannabis patients on a mission to help people everywhere understand how cannabis can improve their lives and wellbeing.” The online platform recently conducted a poll in which it…
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Prices For Legal Ohio Cannabis Is 5 Times More Expensive Compared To Michigan
A common trend when a state first launches legal adult-use cannabis sales is that products are initially more expensive compared to years after the launch of legal sales. There are two main contributing factors to the trend. The first, which is pretty obvious, is that demand outpaces supply. When a state initially launches legal sales,…
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Which U.S. Cities Consume The Most Cannabis?
The Center For Advancing Health (CFAH) recently conducted an analysis in which it (among other things) ranked cities by how much cannabis they consume annually. CFAH describes itself as a “team of health experts specializing in different medical fields and writing about various medical topics.” CFAH’s analysis was further examined by media outlet Insider Monkey, with the…
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Europe’s Medical Cannabis Oil Market Projected To Be Worth Nearly $2.4 Billion By 2032
Europe’s emerging medical cannabis oil market is projected to reach an estimated value of nearly $2.4 billion by 2032 according to a new market analysis by Astute Analytica. The market research entity describes itself as “a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible…
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Approving Hemp Seed Meal For Laying Hens Would Be A Gamechanger
The hemp plant was once one of the greatest agricultural crops in the United States. Used primarily for making textiles, it wasn’t until the rise of prohibition that the hemp plant went out of favor among farmers in the U.S. In recent years, the hemp plant has made a huge comeback in the U.S., thanks…
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Ohio Officials Estimate That Cannabis Tax Revenue Could Top $206 Million Per Year
As Ohio continues its seemingly drawn out process of launching long-awaited recreational cannabis sales, Ohio officials are predicting that the state’s eventual adult-use cannabis market will generate over $200 million in tax revenue. “The state is estimating that tax revenue could be up to $206 million a year. Recreational marijuana products will be taxed 5.75%…