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Cannabis Is Flying Off The Shelves In These Five States, Earning Billions For Marijuana Companies
Monday, July 22, 2024 - 9:26am | 1029The number of states where recreational weed is legal is growing each year. Top-selling states like California and Michigan have reported $2.1 billion and $1.6 billion, respectively, in recreational cannabis sales for the first half of 2024, as reported by Green Market Report's Debra Borchardt....
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Contrasting Trends In Cannabis Sales As Four States Report November Figures
Wednesday, December 13, 2023 - 3:23pm | 786Four US states reported their November cannabis sales over the past few days. Whether the numbers bring cause for celebration or reflection, the cannabis industry in all its complexity heads toward normalization as the calendar flips to a new year. Connecticut Cannabis Sales Grow Steadily...
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Gov Pritzker Drives Bold Change In Illinois Including Cannabis Reform, Meet Him At Benzinga Conference In Chicago Sept. 27-28
Monday, August 14, 2023 - 1:34pm | 578Illinois Gov. J.D. Pritzker’s bill-signing pen got a workout these past couple of weeks. He signed 45 House and Senate bills into law, from creating all-gender restrooms (with stall dividers and proper signage of course) to a bill intended to help...
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Illinois Cannabis Sales Inch Upward In May Despite Delta-8 THC Regulatory Hurdles
Tuesday, June 6, 2023 - 10:22pm | 403Illinois recreational marijuana sales experienced a minimal increase in May compared to April, according to data from the Illinois Department of Financial and Professional Regulation. Cannabis retailers sold $132.7 million worth of marijuana last month, just under a $1 million rise from April's...
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Missouri Recreational Marijuana Sales And Their Impact On Illinois' Market, An Expert's View
Thursday, February 9, 2023 - 6:59pm | 818Once Missouri rolled out recreational cannabis sales "all 200 medical dispensaries have converted or will soon convert to recreational," said Cantor Fitzgerald's Pablo Zuanic. Zuanic contends the state could reach $1.6 billion in sales in 2-3 years. The...
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Illinois Cannabis Sales Decline In May, New Cannabis Ventures Looks At How And Why
Thursday, June 9, 2022 - 5:33pm | 232In an analysis piece, New Cannabis Ventures paired figures from Illinois Medical Cannabis Patient Program and Illinois Department of Financial and Professional Regulation to gauge the evolution of the state's cannabis market. Highlights Of May In May, medical sales...
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Illinois Adult-Use Weed Sales Hit All-Time High In July With $128M Powered By Lollapalooza Festival, But State Licensing Process Is Still Under Attack
Friday, August 6, 2021 - 11:23am | 1058Recreational cannabis sales in Illinois just set another record for the month of July, hitting an all-time high of $128 million. While the booming industry can be attributed to the easing of pandemic-related restrictions, a major push came from Lollapalooza – the...
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Illinois Cannabis Sales Continue To Boom With $147.4M In June, Still Generating More Tax Revenue Than Alcohol
Wednesday, July 14, 2021 - 9:49am | 348After months of record results, Illinois saw a slight decline of 2.1% in cannabis sales in June, compared to May. Total cannabis sales hit $147.4 million in the previous month, representing a 91% increase from a year ago. Adult-use sales contributed the most, with $115.6 million, though a slight...
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Cannabis Sales Booming In Illinois, Yielding $317M In Taxes
Thursday, July 8, 2021 - 8:57am | 407One might wonder if lawmakers in Illinois had any idea just how much recreational cannabis sales would bring into the state's coffers when, less than two years ago, they decided to legalize it. They probably had some idea, seeing that the state ended the previous fiscal year with...
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'If You Don't Like Hangovers, This Is For You:' GTI Launches Cannabis Beverage Brand Cann In Illinois
Friday, April 16, 2021 - 12:51pm | 542Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), a cannabis consumer packaged goods company, confirmed Thursday the launch of cannabis-infused beverage brand Cann in the state of Illinois. The two companies had recently announced they were teaming up to introduce the beverage brand to...