Tag: missouri
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U.S. Adult-Use Cannabis Industry Surpasses $20 Billion In Total Tax Revenue
The United States adult-use cannabis industry has generated over $20 billion in total tax revenue since the first legal recreational cannabis purchase was made in Colorado on January 1st, 2014 according to a new report by the Marijuana Policy Project. “Through the first quarter of 2024, states have reported a combined total of more than…
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Wholesale Cannabis Prices Dropped By 8.1% In The U.S. In 2023
According to a recent analysis by LeafLink and Cannabis Benchmarks, and published by MJBiz Daily, the price for wholesale cannabis flower dropped by an average of 8.1% across 13 legal U.S. markets in 2023. “Only three state markets experienced wholesale cannabis flower price increases in 2023: Alaska (7%), Missouri (20%) and Oregon (6%), according to LeafLink.” stated MJBiz…
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What Are The Best And Worst U.S. Cities For Cannabis Businesses And Consumers?
Colorado and Washington State made history in 2012 when their voters became the first in the United States to ever pass a statewide adult-use legalization measure. Since that time, 22 other states and the District of Columbia have also passed adult-use cannabis legalization measures, many of them permitting legal recreational cannabis commerce. Cannabis remains illegal…
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Missouri Dispensaries Reported Over $124 Million In Sales For March 2024
On Election Day 2018, voters in Missouri approved Amendment 2, a medical cannabis legalization measure, with 65.5% support. The adoption of the measure enshrined medical cannabis into Missouri’s state constitution. In October 2020, the first legal sales of medical cannabis in the state of Missouri occurred between a Missouri-licensed dispensary and qualified patients and caregivers.…
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How Many People Have Jobs In The U.S. Cannabis Industry In 2024?
One of the largest societal benefits of modernizing cannabis policies to permit a regulated cannabis industry is job creation. Every jurisdiction on earth can benefit from job creation, and the emerging legal cannabis industry can create viable jobs in nearly every area to some degree, whether it be in production, storage, retail, or ancillary services.…