Search Results for: ILL

Pritzker Administration Announces Fourth Month Sales Totals For Illinois Adult Use Cannabis

State’s new adult-use cannabis industry generated more than $37 million in sales in April ILLINOIS: The Illinois Department of Financial and Professional Regulation has announced preliminary numbers show statewide adult-use cannabis sales in April totaled $37,260,497.89. Dispensaries across the state sold 818,954 items over the 30-day period. Sales to Illinois residents totaled $29,735,650.41, while sales Read the full article…

Researchers At Israel’s Rambam Hospital:  Cannabis May Help Severely Ill COVID-19 Patients

ISRAEL: Rambam Health Care Campus is leading cannabis research that could be helpful in the treatment of severely ill COVID-19 patients. Clinical trials have been scheduled. Researchers in the Center for Cannabis Research at Rambam Health Care Campus, led by the center’s Director Dr. Igal Louria-Hayon, hope to study the effects of cannabis use on Read the full article…

NEW ACLU REPORT: Despite Marijuana Legalization Black People Still Almost Four Times More Likely To Get Arrested

A TALE OF TWO COUNTRIES: RACIALLY TARGETED ARRESTS IN THE ERA OF MARIJUANA REFORM DETAILS MILLIONS OF RACIALLY TARGETED MARIJUANA ARRESTS MADE BETWEEN 2010-2018 NEW YORK: The American Civil Liberties Union today released a new report showing that Black people are 3.64 times more likely than white people to be arrested for marijuana possession despite Read the full article…

Asheville Hemp Project Announces New Product Line, Support For NC Restaurant Workers Relief Fund

NORTH CAROLINA:  Asheville Hemp Project (AHP), an Asheville, NC-based hemp cultivator, is announcing its new product line. The company is also announcing that it is donating 50% of online sales to the NC Restaurant Workers Relief Fund. Leslie Hoffman, co-founder of AHP, stated, “We are very excited about our new product offerings that are coming Read the full article…

Illinois: Pritzker Administration Releases 2019 Hemp Harvest Numbers

ILLINOIS: The Illinois Department of Agriculture (IDOA) has released final harvest numbers from the 2019 hemp growing season. IDOA issued 651 Hemp Growers licenses for the 2019 season. All but 137 of those licensees planted at least an acre during the inaugural season resulting in over 2.27 million pounds of total yield, with 73% of Read the full article…

OLCC Will Temporarily Accept Expired State Of Oregon Issued ID

OREGON: The Oregon Liquor Control Commission will allow alcohol and marijuana licensees to accept expired Oregon driver licenses or identification cards that expired, on or after March 8, 2020, as an acceptable form of identification. This decision aligns with the Oregon Department of Motor Vehicles and law enforcement position, as DMV offices are closed because Read the full article…

Tilray Releases 11 Million Shares From Lock-Up Agreement

CANADA: Tilray, a global pioneer in cannabis production, research, cultivation and distribution, announced that the Board of Directors of Tilray unanimously approved the pro rata release of 11 million shares of Class 2 common stock held by the former equity holders of Privateer Holdings, Inc. The shares are being released from lock-up agreements entered into Read the full article…

Illinois: Pritzker Administration Announces Revenue Figures For First Month Of Adult Use Cannabis

ILLINOIS: The Illinois Department of Revenue announced that adult-use cannabis sales generated $7,332,058 in cannabis tax revenue during the month of January, with an additional $3,147,928.29 generated in retail sales tax revenue. Governor Pritzker’s recently released budget conservatively estimated the state would collect $28 million in cannabis tax revenue during the remainder of the fiscal Read the full article…

Governor Cuomo Announces He Will Visit States That Have Legalized Cannabis Programs to Help Inform His Efforts to Pass Legislation as Part of Budget

Builds on Regional Cannabis Regulation and Vaping Initiatives Previously Announced With Connecticut, New Jersey, Pennsylvania, Rhode Island and Massachusetts Governor Cuomo: “I’m going to visit Massachusetts, Illinois and California or Colorado, which are three states that have legalized it and have different versions, and bring my team to meet with them, discuss what they’ve done, Read the full article…

Cannabis & CBD Retail Market To Reach $33 Billion In 2024

MARYLAND:  U.S. retail sales of cannabis and CBD products reached $14 billion in 2019, and are on pace to increase 18% per year to $33 billion in 2024, according to data published in Cannabis and CBD: U.S. Retail Market Trends and Opportunities, the latest report by leading market research firm Packaged Facts. Cannabis products can be segmented by delivery format—i.e., the Read the full article…