Recreational Cannabis

Michigan, Top Seller Of Legal Cannabis In US Reports Flat Sales In June, Colorado's Marijuana Downturn Continues
North Dakota Cannabis Legalization Initiative Garners Enough Signatures For November Ballot, Activists Say
The Rise And Fall Of Pioneering Weed Markets: RIP California And Colorado Cannabis Industries
North Dakota Cannabis Legalization Initiative Garners Enough Signatures For November Ballot, Activists Say
The Rise And Fall Of Pioneering Weed Markets: RIP California And Colorado Cannabis Industries
Colorado's Youth Marijuana Consumption Hits Historic Lows, Survey Finds
Could The German Cannabis Market Be Worth $100 Billion In The Next 5 Years?

Recreational Cannabis Recent News

Here's Where To Buy Legal Weed: Florida's Thriving Cannabis Landscape And More New Marijuana Stores In US And Canada
In anticipation of the outcome of Florida's Measure 3, cannabis giants are racing to bolster their retail footprint statewide. In California, four new cannabis stores kicked off sales recently. New York's cannabis retail footprint continues to grow. Five states each opened a new cannabis store, while Canna Cabana retail presence expands in Canada,
Medical Marijuana Giant Trulieve, Backer Of Florida's Recreational Cannabis Ballot, Narrows Loss, Reports Uptick In Q1 Revenue, Gross Profit
Trulieve Cannabis Corp. announced on Thursday its first quarter results for the three months ended March 31, 2024. The Tallahassee, Florida-based medical cannabis giant reported revenue of $298 million for the first quarter of fiscal 2024, representing an increase of 4% sequentially and year-over-year, with 96% of revenue from retail sales.
One In Two Biden Voters Want To Live In A Place Where Marijuana is Legal, One In Eight Trump Supporters Want The Same
Nearly half (46.8%) of homeowners and renters nationwide who plan to give their vote to President Joe Biden in the upcoming presidential election this November want to live in a place where recreational weed is legal, a new report from Redfin revealed. Donald Trump's supporters are not too fond of the idea, with only 12.4% of residents wanting the same. The data come from a Redfin-commissioned survey conducted by Qualtrics in February 2024. Run by the technology-powered real estate brokerage, the survey included 2,995 U.S. homeowners and renters, of whom 1,162 said they plan to vote for Trump and 1,171 for Biden.
Weed Giants Tilray And Curaleaf Ramp Up Presence In Europe, Here's Why
The European cannabis market is one of the most rapidly expanding markets globally.Prohibition Partners revealed in its latest report on cannabis in Europe that the combined market size of all CBD categories surpassed €2 billion ($2.2 billion) in 2023. Moreover, the report called Germany, Czech Republic, Switzerland and the Netherlands "early adopters" that are working on developing regulatory models for the recreational cannabis market, and are "likely to set a precedent for other countries to follow." Germany's recent partial legalization of cannabis has shaken up the industry and moved marijuana stocks, leaving everyone wondering about a domino effect on other European countries. On Thursday, Tilray - which debuted in Portugal in 2021 - announced another achievement in the new burgeoning market. Following the approval of its whole flower THC 18, Tilray's subsidiary Tilray Medical, received the green light for the first medical cannabis extract, Tilray Oral Solution THC 5 CBD 20, in Portugal. In the meantime, Curaleaf International, part of Curaleaf Holdings Inc. - which has already established its presence in the European market - announced its expansion in the Czech Republic, via a new supply agreement with Astrasana Pharma s.r.o.
Dem-Backed Push Clears Path For Weed Sales In Virginia, Now It's Up To Gov. Youngkin Who Shows No Interest
The Virginia Senate panel approved a compromise bill to legalize and regulate recreational cannabis sales, moving it to the Senate Finance and Appropriation Committee. The bill, HB 698 by Del. Paul Krizek, was passed after House members approved a competing measure, SB 448 from Sen. Aaron Rouse a day earlier. Both bills aim to allow retailers to enter the cannabis market by a specific date. While the legislators are making progress, Governor Glenn Youngkin has expressed disinterest in opening a retail market for recreational sales, focusing instead on areas of agreement for Virginia's development. Despite differences in timelines and details, the lawmakers involved have worked together transparently to reach a compromise on the significant and necessary legislation. The bills are expected to continue advancing through the legislature, shaping the future of Virginia's cannabis market.
Cannabis Retail Giant High Tide Will Distribute Weed Products In Manitoba As North American Footprint Grows
High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) announced on Tuesday it has signed an agreement with the Manitoba Liquor and Lotteries Corporation (MBLL) through its wholly-owned subsidiary Valiant Distribution Canada. Under the deal, the Canadian cannabis retail agreed to distribute cannabis products to cannabis retailers in Manitoba.In the meantime, according to ATB Capital Markets, High Tide is among the top cannabis retailers in North America with a total of 163 cannabis stores, as per the company's recent post on X (Twitter).
Record-Breaking Cannabis Sales In Ohio Mask Stagnating Growth Rate: What's Behind The Numbers?
Sales of medical cannabis in Ohio reached a new record high in 2023, with $484.4 million worth of products sold, but the growth rate of sales has been in decline, increasing by only 1.2% compared to the previous year.
New York Will Get 12 New Weed Dispensaries, Ending 2023 With More Than 35 Adult-Use Stores Open
New York governor Kathy Hochul has announced plans to open a dozen new recreational cannabis dispensaries, including eight Black-owned, five Hispanic-owned and nine women-owned. In total, New York is expecting to have 37 stores selling adult-use cannabis by the end of December. A New York Supreme Court decision that lifted an injunction blocking cannabis dispensary licenses earlier this month resulted in licenses being granted to companies like PharmCann, NYCANNA and The Cannabist Company Holdings, the latter previously known as Columbia Care.
The Real Reason People Are Buying Marijuana
This article was originally published on The Fresh Toast and appears here with permission. Unlike alcohol, cannabis has medical benefits….so what is the real reason people are buying marijuana?
Cannabis Users Are Not Lazy, Data Confirms
This article was originally published on The Fresh Toast and appears here with permission. The commonly held perception that marijuana users are largely sedentary is not supported by new data on young and middle-aged adults.
'Time For Course Correction': Activists Urge NY Gov. Hochul To Open Up Rec Program
A so-called "unincorporated trade association" gathered outside the Manhattan office of New York Gov. Kathy Hochul to protest the slow rollout of New York's recreational cannabis market.
Does Vaping Marijuana Smell?
This article was originally published on The Fresh Toast and appears here with permission.
Weed Rules For Recruits In Nevada, No More Searches Based On Pot Smell In MD And More Cannabis Reg Updates
New Push To Extend Deadline For Cannabis Retail Applicants In Illinois
Bill Seeks To Close Down Marijuana Shops In Montana Where GOP Lawmaker Calls Cannabis 'Addictive'
Montana retailers selling recreational marijuana could see their businesses shut down under a new bill from a GOP lawmaker,
Montana Could Shut Down Recreational Marijuana Dispensaries If This GOP-Led Bill Becomes Law
A Republican lawmaker is seeking to put an end to dispensaries selling recreational cannabis in Montana with a bill he filed on Friday,
Illinois Weed Revenue Takes A Hit From Missouri Pot Retailers Where First-Month Sales Boomed
Recreational marijuana sales in Missouri kicked off in early February, several days earlier than expected, only to garner $71.7 million in the first month of sales, reported Columbia Missourian.<
Oklahoma Has Another Chance To Legalize Marijuana, Who's Against The Billions It Could Generate?
Oklahomans will have another chance to decide on the legalization of recreational marijuana next month. Voices for and against are getting louder as the March 7 vote approaches.
Recreational Cannabis Legalization Correlated With Decrease In Alcohol Use Disorder, New Study Finds
A new study published in Psychological Medicine shows evidence that legalizing cannabis does not increase substance use disorders or use of other illicit drugs and therefore is not considered a gateway drug.
Recreational Cannabis Campaigns In These States Raised About $20M
Recreational cannabis legalization campaigns in Arkansas, Maryland, Missouri, North Dakota and South Dakota raised some $20 million last year. More than $19 million, or 95% of the total, came from cannabis industry businesses, reported MjBizDaily, citing midterm elections campaign finance records.
Get Ready For Holidays! Here's Where You Can Buy Legal Weed These Days: NYC's First Rec Shop & More New Stores
Big Apple's First Rec Marijuana Store To Kick Off Sales Housing Works Cannabis Co plans to launch cannabis sales at its Manhattan-based store next week.
Cannabis Activists Promote Legalization With New Ads In Arkansas Where Support Seems To Be Waning
Arkansas is one of five states where voters will decide on recreational marijuana next week. While overwhelming support for cannabis is evident nationwide, the sentiment seems to be changing among Arkansans.
GOP Lawmaker Questions MMJ Legalization, Calls It 'Stepping Stone' To Recreational Use
Tennessee, one of several states where only CBD oil is legal, has seen its fair share of legislative action on cannabis by GOP legislators yet medical and recreational marijuana has not come close to legalization or decriminalization. Still, cannabis continues to be a hot topic among politicians in this southern state.
Two-Thirds Of Pennsylvania Voters Want To Legalize Marijuana, New Poll Finds
The majority of Pennsylvanians want to see recreational marijuana legalized, according to a recent CBS News poll that shows 66% of registered voters support the cannabis policy reform, while 34% oppose it.