These states sold more than 1 billion US dollars in 2024 to weeds
What exactly is a billion dollars? Well, it is the amount of money you would earn on a North American tour … if you were Taylor Swift. Or the stack of cash that Deadpool
The cannabis markets on the ballot could bring in $3 billion in new revenue in 2024
States voting on cannabis in 2024 could generate $3 billion in new markets. Legalization brings revenue, jobs and benefits to community programs. Potential $3 billion in revenue fr
Cannabis sales in Maryland exceed $1.1 billion in first year
Cannabis sales in Maryland have already grown to over $1 billion in the first year of legalization, demonstrating strong demand and significant economic impact. The state is channe
Elon Musk offers Wikipedia $1 billion to rename it “Dickipedia”
Billionaire Elon Musk spent $1 billion on a joke — specifically, renaming Wikipedia “Dickipedia” as right-wing distrust of the open-source database grows. Last year, Musk bro
Report shows major pharmaceutical drugmakers have been fined more than $82 billion for violations over the past decade
It’s time for the big pharma companies caught lying to the public to pay. A new report prepared by ConsumerShield suggests that the past decade has been marked by record-high
Colorado has sold over $15 billion worth of cannabis since legalization
The Colorado Department of Revenue (DOR) released a monthly cannabis sales report for August, the most recent month available, showing adult-use and medical cannabis sales exceeded
The U.S. Census Bureau reports $5.7 billion in cannabis tax revenue as of the third quarter of 2021
A recent report released by the US Census Bureau shows the trend in cannabis tax revenue for each state. It is the bureau’s first report of its kind and begins in the third q
Wealthy countries have donated over $1 billion to the global war on drugs, a new report shows
A recent report from Harm Reduction International (HRI) sheds light on how richer countries like the United States and Europe continue to provide significant foreign aid to the glo
Columbia Care and Cresco Labs Announce $2 Billion Merger Agreement
A proposed $2 billion merger between cannabis multistate operators Columbia Care and Cresco Labs has been called off, according to a statement by the two companies released Monday.
Pot sales in Massachusetts hit $152 million last month, $4.74 billion since 2018
The Massachusetts Cannabis Control Commission (CCC) recently released a report on its latest recreational cannabis sales data. In June, the state raised $132.8 million in recreatio
Minnesota legal weed sales are expected to reach $1.5 billion by 2029
Minnesota’s regulated marijuana market is expected to grow to more than $1.5 billion per year by 2029, according to a forecast by a leading cannabis law firm. As the market m
The cannabis industry paid $1.8 billion in overtaxes in 2022
According to cannabis research firm Whitney Economics, the cannabis industry paid over $1.8 billion in additional taxes in 2022 alone. And beware, spoilers: this article does not h
Cannabis sales in Missouri top $1 billion
Missouri has a new billion dollar industry. Cumulative marijuana sales reportedly broke that high earlier this month in the Show Me State, just three months after it launched its a
No federal legalization, no problem – $71 billion worth of legal cannabis by 2030, says NFD?
Gary Allen, CEO of New Frontier Data, announced the release of the 2023 US Cannabis Report: Market Updates & Projections, providing insight into the current and future state o
The Canadian government has collected over $1 billion in cannabis taxes since legalization began in 2018
Since recreational cannabis use became legal in Canada in 2018, that country’s federal government has imposed a total tax on cannabis products of over CA$1 billion (US$740 mi
Arizona Weed Sales Top $1 Billion in 2022
Cannabis sales in Arizona topped $1 billion in 2022 as the state’s recreational marijuana market experienced strong growth in its second year of sales. Total cannabis sales l
Will the marijuana industry be worth $51 billion by 2028, a new report suggests?
It appears that cannabis sales growth will continue at a steady pace, as newly released data forecast a continued upward trend in sales into 2028. Despite a current cannabis indust
The latest report suggests adult cannabis sales growth of up to $50.7 billion by 2028
Brightfield Group recently released its US Cannabis Market Forecast on Feb. 16, which compares cannabis sales in 2022 to five-year sales forecasts between 2023 and 2028. According
New Zealand officials seize half a billion dollars worth of cocaine
Officials in New Zealand announced this week that they have completed a massive seizure of cocaine at sea, calling it a “major financial blow” to producers and dealers
Are Delta-8 THC Sales Damaging the Legal Cannabis Market? How about $2 billion in delta-8-THC sales over the last 24 months?
Delta-8 THC products have gained significant popularity as an alternative to traditional marijuana in recent years, with sales exceeding $2 billion. A recent report from the Bright