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Maryland's Cannabis Sales Surge, Generating Over $14.6M In Revenue
Wednesday, June 26, 2024 - 6:14pm | 503Maryland’s burgeoning adult-use cannabis industry has demonstrated its economic potential, with the state collecting over $14.6 million in sales tax revenue from January to March 2024, according to Comptroller Brooke E. Lierman. This marks a slight increase from the previous quarter’s...
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Ohio's $260M Economic Boom In First Year Of Legal Cannabis: New Study Predicts Windfall
Thursday, November 2, 2023 - 9:19am | 608A new economic analysis found that the benefits of legalizing marijuana in Ohio's Nov. 7 election would far outweigh the costs by at least a quarter-billion dollars a year. A study by Columbus-based Scioto Analysis used research from states such as Washington...
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Maryland Breaks Another Cannabis Retail Sales Record: $92M In August Alone
Wednesday, September 6, 2023 - 7:41pm | 636In August, Maryland's collective adult-use and medical cannabis purchases reached $91.7 million, more than the $87.4 million total for July, which was more than double the $42.7 million total for June, before the launch of adult-use retail sales, according to the Maryland...
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Illinois Cannabis Sales Increase 29% To $142.2M In February, After Slow January
Wednesday, March 9, 2022 - 7:37pm | 234After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February. Sales of $114 million fell 3% from January, but there were three fewer days during the month. Compared to a year...