Maine Hits New Milestone of Record-Breaking Marijuana Sales

Last month brought a new milestone for Maine’s fledgling recreational cannabis industry, with the state’s Office of Marijuana Policy reporting $ 5.3 million in sales in May for licensed retailers. The figure makes it “the highest grossing month since the industry launched” last October. Erik Gundersen, the director of Maine’s…

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Missouri medical marijuana patients reaching major milestone despite many doctors still banned from

Missouri is seeing an increased interest in medical marijuana as dispensaries begin opening in the St. Louis area on an almost weekly basis. The latest data from the state shows 99,225 patients have been approved for medical marijuana cards. Video Rating: / 5

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Texas milestone: First dose of CBD legally delivered to young girl with epilepsy

Published: Feb 1, 2018, 4:27 pm • Updated: Feb 1, 2018, 5:48 pm By Anna M. Tinsley, Fort Worth Star-Telegram A 6-year-old Texas girl made history on Thursday. The Central Texas girl, who suffers from intractable epilepsy, became the first person in Texas to receive a legal delivery of medical…

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Cannabis equity fund’s $250 million target is industry milestone

Published: Oct 27, 2017, 11:37 am • Updated: Oct 27, 2017, 11:49 am By Jennifer Kaplan, Bloomberg A private equity fund co-chaired by a former BlackRock Inc. executive is planning to raise $ 250 million to invest in marijuana businesses in places such as Los Angeles, Las Vegas and midtown…

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Milestone for Colorado marijuana: $100M in monthly recreational sales

Published: Sep 12, 2017, 5:37 pm • Updated: Sep 12, 2017, 5:53 pm By Alicia Wallace, The Cannabist Staff The trend of summer highs for Colorado’s cannabis industry continued in July as monthly recreational sales surpassed the $ 100 million mark for the first time since legalization. The Cannabist’s calculations…

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‘Major milestone’: Colorado hits half a billion in cannabis tax revenue

Published: Jul 19, 2017, 7:54 am • Updated: Jul 19, 2017, 11:39 am By Alicia Wallace, The Cannabist Staff Marijuana advocates are trumpeting a Colorado milestone: More than $ 500 million in revenue for the state since recreational cannabis sales started in 2014. The medical and recreational cannabis tax revenue…

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MILegalize Hits 300,000 Signature Milestone, Announces Capitol Rally

The MILegalize organization has collected more than 300,000 signatures on petitions to legalize the adult use of marijuana in Michigan, said Chairman Jeffrey Hank, and petitioners are still on the streets collecting more until MILegalize turns in to the Bureau of Elections on June 1. The campaign needs about 253,000 valid…

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MILegalize Hits Fundraising Milestone, Adds To Board Of Directors

In the state capital, things are looking good for marijuana legalization based on a new report from the MILegalize campaign. “We’ve achieved our greatest goal to date: raising $ 100,000 in 30 days to accept a matching donation,” MILegalize Chair Jeff Hank announced from the campaign’s Lansing office. MILegalize is…

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