Tag: sales

Pennsylvania residents want adult-use marijuana but frown on state-run sales

The majority of Pennsylvania voters support legalizing recreational cannabis, but they don’t want state-run stores selling the products, according to a poll. State lawmakers recently unveiled legislation that calls for retail cannabis stores to be operated by Pennsylvania’s Liquor Control Board, a move that would heavily restrict private business opportunities. The bill was introduced just […]

Sales of marijuana edibles up in at least four states in wake of vape health scare

The vaping health crisis apparently has been good for the marijuana edibles sector, a sign that consumers are funneling more money into infused products instead of vaporizers. Since the first vape-related death was reported in August, retail sales of edibles have climbed steadily in four states while those of vaping products have declined, though the […]

Massachusetts retaining partial ban of marijuana vape products sales

Massachusetts Gov. Charlie Baker on Friday maintained the statewide retail ban on the sale of all vaping products after securing approval from the Public Health Council for an emergency regulation, but at the same time a local judge allowed medical cannabis patients to purchase crushed flower for use in vaporizers. The emergency regulation, to be […]

Chicago wants to charge maximum 3% tax on recreational cannabis sales

Chicago Mayor Lori Lightfoot proposed in her 2020 budget that the city impose the maximum local tax of 3% on recreational marijuana sales, a levy that would come on top of a state sales tax and a retail tax based on product potency and type. Marijuana Policy Project has calculated that the total retail marijuana […]

Chicago allows some retail cannabis sales downtown

Chicago’s City Council approved a zoning ordinance that bans recreational marijuana stores from the central business district but allows them to locate in part of the popular River North area downtown. Mayor Lori Lightfoot initially had proposed a ban covering nearly all of downtown, but she recently had a change of heart that unlocks some […]

Marijuana merger goes up in smoke, regulators target MJ vaping, Maine inches toward adult-use sales & more

MedMen and PharmaCann scrap their planned merger, state and federal officials act against marijuana vaping, Maine moves toward the launch of recreational MJ sales by the spring – and more of the week’s top cannabis business news.   MedMen, PharmaCann pull the plug MedMen, a California-based cannabis multistate operator, announced that its planned acquisition of […]

Arkansas medical marijuana sales brisk, total $12.3 million for five months

Sales of medical cannabis in Arkansas continue at a strong pace, totaling $12.35 million in the first five months of the program. At this rate, sales are on pace to reach the upper end if not exceed Marijuana Business Factbook projections of $15 million-$20 million for 2019. The sales, representing 1,730 pounds of marijuana, were […]

German sales of insured medical cannabis soar in second quarter

Sales of medical cannabis covered by insurance continue to increase in Germany, reaching new highs in the second quarter, according to newly released data. The steady growth in sales in the world’s largest importer of medical marijuana is a good sign for the global industry, and it comes as several countries are gearing up to start large-scale […]

Maine on track to launch recreational cannabis sales by spring 2020

Maine state officials said they are poised to begin accepting adult-use marijuana license applications before the end of the year and expect customers will have the ability to purchase products in retail stores by March. There are no statewide license caps, but municipalities can limit or ban recreational marijuana in their jurisdictions – and most […]

Marijuana vaporizer sales rebound slightly, new state vape issues pop up, Californians want more adult-use MJ stores

Cannabis vaporizer sales show an uptick in some key markets even as more state vape bans appear, Californians say they want to see the number of recreational marijuana stores increased, medical marijuana cultivators sue over plant limits in New Mexico – and more of the week’s top cannabis business news. MJ vape sales indicate some […]