Tag: flower
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What Are The Most Popular Cannabis Strains In Ohio?
In November 2023, Ohio became the 24th state to adopt an adult-use cannabis legalization measure. Ohio regulators are currently accepting and processing applications for the state’s legal recreational cannabis industry, and legal adult-use cannabis sales are expected to begin in Ohio as soon as next month. Leafly is a popular online cannabis platform and describes itself…
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What Are The Average Market Rates For Cannabis In Colorado?
Colorado will forever be home to the first legal recreational cannabis purchase in United States history. Colorado voters approved Amendment 64 in 2012, and the first legal adult-use sales in the state began on January 1st, 2014. According to a statewide poll that was recently conducted by the Colorado Polling Institute, 67 percent of Colorado voters…
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How Many Cannabis Consumers In New York Use Weedmaps?
On March 31, 2021, New York State legalized adult-use cannabis when lawmakers passed the Marijuana Regulation & Taxation Act. Additionally, New York’s Governor signed legislation in July 2014 that legalized medical cannabis in the state. The first legal adult-use cannabis sale occurred in New York State on December 29, 2022, at Housing Works Cannabis Co,…
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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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How Big Is Delaware’s Legal Medical Cannabis Industry?
Lawmakers in Delaware first legalized cannabis for medical use back in 2011. In May 2024, Democratic Gov. John Carney signed HB 285 into law expanding medical cannabis access. Suffering patients in Delaware can now qualify for legal medical cannabis if their doctor recommends it regardless of the condition. Also, seniors can now self certify as…
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What Is The Average Wholesale Price For A Legal Pound Of Cannabis In The U.S.?
Cannabis industry data company Cannabis Benchmarks tracks the price of legal cannabis flower across United States markets. As of the week ending May 24, 2024, the average price for a pound of legal cannabis flower was $1,031. “At $1,031 per pound, the U.S. Spot Index is down 4.3% this year from the 2023 closing price…
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Is The Massachusetts Legal Cannabis Industry Oversaturated?
It is no secret that the legal cannabis industry is a popular target for people hoping to generate significant sums of money. The ‘Green Rush’ has brought a flood of aspiring entrepreneurs and investors into the emerging cannabis space. One of the many examples can be found in Massachusetts where medical and recreational cannabis sales…
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Maryland Sold Over $90 Million Worth Of Legal Cannabis In April 2024
According to updated data on the Maryland Cannabis Administration’s sales dashboard, the state’s legal cannabis industry sold $92,291,643 worth of medical and adult-use cannabis products in April 2024. The sales total was down from $95,956,410 in March 2024. Maryland’s legal medical cannabis sales were roughly $30 million in April 2024, with adult-use cannabis sales making…
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The Legal Global Cannabis Market Projected To Reach $125.4 Billion By 2030
A new report published by Research and Markets is projecting that the legal global cannabis market will be worth an estimated $125.4 billion by 2030. Research and Markets also recently published a report projecting that the global medical cannabis sector will be worth$82.5 billion by 2030. “The global market for Legal Marijuana estimated at US$30.6…
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Global Medical Cannabis Market Projected To Reach $82.5 Billion By 2030
The global legal medical cannabis market is projected to reach $82.5 billion by 2030 according to a new report by Research and Markets. The legal medical cannabis market was worth an estimated $32.3 billion in 2023 according to the report. “Extract Form Marijuana, one of the segments analyzed in the report, is expected to record…