Tag: Sales

March Sales Top $288M In Another Record-Breaking Month For Michigan Cannabis Industry

Michigan’s cannabis industry achieved a new record in March, with sales soaring to approximately $288.8 million. This figure represents a remarkable 15.7% increase compared to March 2023’s total sales of about $249.7 million.  A Closer Look At Sales Dynamics According to Michigan’s Cannabis Regulatory Agency statistical report, the dynamics of adult and medical cannabis sales […]

Street Renovation Begins in Denmark’s Christiania To Deter Illegal Cannabis Sales, Violence

The residents of Freetown Christiania, located in Copenhagen, Denmark, recently began to physically dismantle a part of its community where hash has been sold illegally for decades. According to recent reports, residents began removing the cobblestones on “Pusher Street” on April 6 to deter violence and illegal cannabis and hash sales. Prior to April 6, […]

Virginia Governor Vetoes Bill To Legalize Cannabis Sales

Virginia Governor Glenn Youngkin on Thursday vetoed a bill to legalize recreational marijuana sales, saying that regulated sales of cannabis would be a danger to health and safety. Virginia legalized the possession of small amounts of weed three years ago, but consumers remain without a legal way to purchase cannabis in the state. The governor […]

Arizona Weed Sales Topped $1.4 Billion Last Year

Regulated sales of marijuana in Arizona topped $1.4 billion last year, according to state data, marking the third year in a row that licensed weed sales have exceeded $1 billion in the Grand Canyon State. Sales of recreational marijuana totaled more than $1 billion in 2023, while sales of medical cannabis brought in nearly $350 […]

2024 U.S. Cannabis Sales Projected To Exceed $31 Billion

Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic forecast from a firm specializing in cannabis and hemp business consulting, data, and economic research.  The projection from Portland, Oregon-based Whitney Economics estimates that legal sales of medical marijuana and adult-use cannabis will total $31.4 […]

Minnesota To Crack Down on Illegal Flower Sales, Including Full-Strength Hemp

Minnesota’s Office of Cannabis Management (OCM) announced Tuesday that it will begin to crack down on the illegal sales of cannabis flower across Minnesota as the state’s adult-use market takes form. The Star-Tribune reports that the OCM entered into an agreement with the Minnesota Department of Health (MDH) to add inspection capacity for illegal sales […]

Legal Weed Sales in New Mexico Top $1 Billion

The office of New Mexico Gov. Michelle Lujan Grisham said Tuesday that cannabis consumers “have purchased more than $678.4 million worth of adult-use cannabis products and $331.6 million in medical products since April 1, 2022,” and that, to date, “the state has recorded more than 21 million transactions with $75 million in cannabis excise taxes […]

Adult-use Cannabis Legalization in Canada Has Led to Beer Sales Decline

A study conducted in Canada and recently published in the journal Drug and Alcohol Dependence shows that beer sales have declined since legalization began in 2018. The study involved researchers from the College Pharmacy at the University of Manitoba, School of Pharmacy at Memorial University of Newfoundland, Leslie Dan Faculty of Pharmacy at the University […]

DEA Cracks Down on Internet Pill Press Sales

The DEA issued a letter Monday directed at online retailers selling pill presses, informing them that they are required to report sales of these presses to the DEA. According to the DEA, pill presses are commonly used to disguise the deadly opioid fentanyl by replicating existing prescription medications. These replicated pills are then sold to […]

Lawyers Suggest Prince Harry Could Have Exaggerated Drug Use Claims in Memoir ‘Spare’ To Boost Sales

Attorneys for the Biden administration contend that Prince Harry’s admissions in his best-selling 2023 memoir, Spare, of using cannabis, cocaine, and magic mushrooms don’t necessarily prove the royal’s drug use. The lawyers suggested that he might have exaggerated these claims to boost book sales, the Telegraph reports. Such arguments come after Prince Harry’s immigration status […]

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