LegislationVirginia Moves Closer to Legal Cannabis Sales as Bills Advance
Virginia's House and Senate advanced companion bills to legalize cannabis sales, moving the legislation closer to Governor Youngkin's desk despite his previous opposition.
14 articles tagged with "adult-use"
LegislationVirginia's House and Senate advanced companion bills to legalize cannabis sales, moving the legislation closer to Governor Youngkin's desk despite his previous opposition.
LegislationVirginia's House and Senate passed competing cannabis sales bills, setting up negotiations to reconcile differences on licensing, local control, and social equity before the March 15 deadline.
BusinessMichigan cannabis sales fell 8.3% year-over-year to $226.8 million in January, with medical sales collapsing to just $0.4 million as market oversupply and economic pressures weigh on the industry.
BusinessMassachusetts' adult-use cannabis market surpassed $9 billion in total sales since 2018, with the milestone coming as residents stocked up ahead of a major winter storm. The state logged $1.65 billion in sales over the past year.
LegislationVirginia's House and Senate passed competing marijuana sales bills Monday, setting up final votes and negotiations. A separate resentencing measure for past cannabis convictions also advanced.
LegislationWashington's Senate Labor & Commerce Committee approved legislation allowing recreational cannabis home cultivation, moving the state closer to ending its decade-long restriction on personal growing.
LegislationVirginia regulators propose charging MSOs $10 million to convert medical licenses for adult-use sales, while reserving half of new retail licenses for social equity applicants in the state's delayed recreational market.
LegislationOhio cities that allowed recreational marijuana dispensaries are receiving their first tax revenue distributions from the state's 10% cannabis excise tax, with funds available for local programs and services.
BusinessMontana's cannabis retailers have sold over $1 billion in adult-use products since January 2022, with 2024 setting a new annual record of $327 million in total sales.
LegislationMissouri cannabis regulators reversed their guidance on medical patients shopping at adult-use dispensaries, placing compliance responsibility on consumers rather than creating hard restrictions between the two markets.
BusinessMontana's recreational cannabis retailers have sold over $1 billion in product since adult-use sales began in January 2022, generating $217 million in state tax revenue.
LegislationVirginia Del. Paul Krizek has filed legislation to establish recreational marijuana sales and increase possession limits, three years after the state legalized personal use without creating a retail market.
BusinessMontana's adult-use cannabis market hit $327 million in 2024, pushing total state sales past $1 billion since 2022. Medical marijuana sales continue declining as patients shift to recreational dispensaries.
Industry NewsMichigan's cannabis sales increased in December, up 3.8% sequentially. However, medical sales plummeted by 50.2%, shifting focus to adult-use markets.