Category: Geographical Data
-
San Diego County To Issue 13 Cannabis Business Licenses Through Social Equity Cannabis Program
San Diego County is launching a new social equity cannabis program with the goal of helping people that were previously negatively impacted by cannabis prohibition policies get into the state’s emerging legal cannabis industry. Applications for the San Diego County Cannabis Social Equity Program are now open for individuals previously incarcerated for cannabis offenses. The…
-
Legal Cannabis Market Projected To Reach $148.4 Billion By 2031
The legal global cannabis market is projected to reach an estimated value of $148.4 billion by 2031 according to a recent market analysis by Skyquest Technology. The entity describes itself as “an IP focused Research and Investment Bank and Accelerator of Technology and assets.” “SkyQuest projects that the Global Cannabis Market will attain a value…
-
Illinois Sold $146 Million Worth Of Legal Recreational Cannabis In May 2024
Illinois’ legal adult-use cannabis industry continues to post strong numbers, with the state’s licensed recreational cannabis retailers selling over $146 million worth of products in May 2024, an increase over April 2024 when the state’s retailers sold roughly $144 million worth of cannabis products. Illinois became the 11th state to adopt a statewide adult-use cannabis…
-
Arizona Recreational Cannabis Market Now Nearly Four Times The Size Of The Medical Market
Registered medical cannabis patient numbers and medical sales totals decreasing alongside rising adult-use sales is a common trend in states that first legalized medical cannabis commerce and then legalized recreational cannabis commerce. A recent example can be found in Arizona. “After the medical side recorded consecutive lows in December 2023 and January 2024 at $25.4…
-
How Many People Consume Cannabis Worldwide?
The United Nations Office on Drugs and Crime (UNODC) recently released its ‘2024 World Drug Report’ which listed, among other things, facts about global cannabis use. The report’s details were covered at length in Marijuana Moment‘s original coverage. “As for cannabis, which UNODC calls in the new report “by far the world’s most commonly used drug,”…
-
University Of Missouri Researchers Suggests Using Hemp To Boost Grazing Pastures
Frequent droughts in Missouri in recent years have livestock producers exploring different crops that may be more adaptable for summer pasture options compared to common pasture crops. Researchers at the University of Missouri have studied hemp for this purpose, and their findings are promising. The hemp plant uses considerably less water to produce a solid…
-
Consumers Report Drinking Less Alcohol After Cannabis Sales Become Legal
Consumers in North America have reported consuming less alcohol after their jurisdictions legalized recreational cannabis sales according to the results of two new surveys, suggesting that consumers are replacing alcohol use with cannabis use. “In Canada, where cannabis has been legal nationwide since 2018, 22.8% of people who use both cannabis and alcohol reported drinking…
-
Western German State To Allow Up To 3,000 Cannabis Clubs
Part of Germany’s adult-use legalization model involves permitting noncommercial social cannabis clubs. The clubs have to adhere to various rules, including limiting membership to a maximum of 500 members, and restricting sales to 50 grams per member a month (30 grams for members 18-20 years old). Clubs will also be permitted to sell cannabis clones…
-
Maryland’s Adult-Use Cannabis Industry Generated More Than $14 Million In Sales Tax In Q1
Maryland Comptroller Brooke E. Lierman announced today that Maryland’s legal adult-use cannabis industry generated more than $14.6 million in recreational cannabis sales taxes between January and March 2024. Adult-use cannabis and cannabis products are taxed at a rate of 9% in Maryland. The state of Maryland collected more than $14.6M in revenue from adult-use cannabis…
-
Charlotte’s Web CBD Products Debut In 827 Walmart Stores Across Five States
Charlotte’s Web is a Colorado-based B Corp company specializing in the creation, distribution, and sales of cannabinoid-based products. The company describes itself on its website as starting “as a mission, not a company. In the early days, our extract was something we gave away to help those who could benefit from it. Ten years later,…