It’s been a little over a year since Canada legalized recreational weed across the entire country. Throughout that year, a lot has changed and evolved in the country’s legal cannabis industry. Now, new stats show exactly how much Canadians have spent on recreational weed. According to the new numbers, which come from Statistics Canada, the […]
After a year of legal cannabis, Massachusetts is taking stock. Numbers released by the state’s Department of Revenue and its Cannabis Control Commission summed up the first phase of the regulated cannabis industry, announcing that the state’s 33 dispensaries had raked in a total of nearly $400 million in sales, and employed 6,700 individuals. Massachusetts […]
Oklahoma patients pay one of the highest tax rates for medical marijuana in the country. As a result, the state’s young medical cannabis program is already generating substantial revenue. The numbers are eye-catching. In December alone, medical cannabis sales almost topped $1 million, collecting just under $70,000 in tax revenue—not including standard sales tax. But […]
DEA: Marijuana Seizures Fell Nearly 40 Percent In 2017 | NORML WASHINGTON, DC — Seizures of indoor and outdoor cannabis crops in the United States fell nearly 40 percent between 2016 and 2017, according to annual data compiled by the US Drug Enforcement Administration. According to figures published in the DEA’s Domestic Cannabis Eradication/Suppression Statistical Report, the agency […]
As we gingerly move into an unpredictable and so far unpleasant reality that some are calling Trumpism, we are trying to ascertain what the new administration, under the likes of virulently anti-pot Jeff Sessions as Attorney General, will mean for the cannabis industry. Admittedly, we are a bit nervous. However, with a majority of states […]