Colorado marijuana sales hit a record $1.75 billion in 2019

Last year was the most lucrative 12 months for cannabis sales in Colorado since the state’s voters legalized recreational marijuana. Medical and recreational cannabis sales hit a record $ 1.75 billion in 2019, up 13% from 2018, according to data from the Department of Revenue’s Marijuana Enforcement Division. Marijuana tax…

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Illinois Rakes in Nearly $20 Million in Revenue in First 12 Days of Legal Recreational Marijuana Sales

Cannabis Success in Illinois: Illinois Rakes in Nearly $ 20 Million in Revenue in First 12 Days of Legal Recreational Marijuana Sales  Illinois has officially joined the cannabis revolution with its first two weeks of legal recreational marijuana sales totaling $ 19,709,345.10. The advance comes after years of hard work…

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Massachusetts Cannabis Sales Could Plummet in 2020

Massachusetts Marijuana Sales Will Drop to Start 2020 Massachusetts, which finally seems to have their cannabis licensing and dispensary program moving in the right direction, will face a stiff new challenge to start 2020.  As with all states, the battle against the black and grey market cannabis sellers will intensify,…

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Massachusetts Recreational Marijuana Sales Top $100 Million Post 420

Massachusetts Recreational Marijuana Sales Top $ 100 Million Post 420 Dan Adams of the Boston Globe gives a great rundown on the state of cannabis in the state of Massachusetts this week in his weekly email.   Now that Massachusetts has actually opened a few dispensaries so that people can actually…

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Denver marijuana sales reach record high of $587 million, sales across state continue to rise

Denver dispensaries sold more than $ 587 million in marijuana in 2017 even as sales in shops in other parts of the state continue to grow. Retail sales totaled $ 377 million in Denver, according to the city’s annual report on the marijuana industry released Thursday. The city’s revenue from all marijuana…

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New monthly high for Nevada pot sales; top projections again

RENO, Nev. — Nevada marijuana sales continue to outpace projections, reaching the highest monthly total in March since recreational sales became legal last July. The Nevada Department of Taxation said Wednesday taxable sales of adult-use marijuana topped $ 41 million in March, a 16 percent increase from February and 14.5…

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Colorado logs $106M in recreational cannabis sales in March

Colorado’s recreational marijuana sales set a new monthly high in March. The state’s cannabis retailers sold $ 106 million in flower, edibles and concentrate for adult-use purposes during March, according to data released Wednesday by the Colorado Department of Revenue. In total, the shops tallied up $ 135.2 million in…

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Sweet Leaf Marijuana Centers should be stripped of licenses after illegal sales scheme, hearing officer rules

The Sweet Leaf dispensary chain, shut down in December after a police sting, was a criminal enterprise that pocketed millions from an illicit “looping” scheme that allowed customers to purchase the maximum amount of marijuana multiple times in a day, a municipal hearing officer ruled.As a result, Sweet Leaf Marijuana…

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