Tag: new jersey
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How Many Students Have A Stockton University Cannabis Degree?
The United States cannabis industry is increasing in size year after year, and it is creating a number of jobs in the process. Leading cannabis jobs platform Vangst, in conjunction with Whitney Economics, estimates that the legal cannabis industry now supports 440,445 full time-equivalent cannabis jobs in the United States. More and more colleges and universities…
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New Jersey Awards 48 Seed Equity Cannabis Business Grants
The New Jersey Economic Development Authority’s (NJEDA) Seed Equity Grant Program awarded 48 grants to social equity cannabis applicants in May 2024. The Cannabis Equity Grant Program, which is part of the larger Seed Equity Grant Program “is aimed at assisting start-ups by providing businesses with grant funding for early-stage start-up expenses and operational costs.”…
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New Jersey Legal Cannabis Sales Expected To Top $1 Billion In 2024
The first legal purchase of adult-use cannabis in New Jersey occurred on April 21, 2022. Since that time, New Jersey’s cannabis industry has increased in size and value to a considerable extent. In addition to recreational sales, New Jersey also permits medical cannabis sales. “In 2023, New Jersey saw cannabis sales of more than $800…
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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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New Jersey Recreational Cannabis Sales Totaled $201 Million In First Quarter Of 2024
New Jersey’s 130 licensed adult-use cannabis dispensaries sold roughly $201 million in recreational cannabis sales during the first three months of 2024, about 4.4% more than what was sold during the last quarter of 2023. Legal recreational cannabis sales totaled $192.6 million in New Jersey during the last quarter of 2023. “New Jersey’s recreational cannabis…
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9% Of United States Adults Report Using Cannabis Regularly
Cannabis remains illegal at the federal level in the United States, however, 24 states and the District of Columbia have modernized their cannabis policies to permit recreational cannabis use by adults. Many more permit cannabis for medical use. The results of a new Gallup survey are out, in which adult cannabis consumers across the United…
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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.…