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According to the latest data from the Illinois Department of Finance and professional supervision, the sales of adult marijuana are basically the same as last month and are expected to reach about $1.5 billion this year, an increase of about 10% over 2021.
Mississippi's medical marijuana regulator last week opened a permit application process for growers, processors, testing agencies and transporters, but sales may not begin until the end of the year.
Cannabis cultivation will continue to be controlled by Louisiana State University and Southern University, both of which have contracts with private companies.
The Senate of North Carolina approved a restrictive and limited license medical marijuana bill by an overwhelming vote of 35 votes to 10 on Thursday, bringing the state closer to becoming the 40th U.S. state to legalize medical marijuana.
In the first quarter of 2022, the revenue of most of the largest marijuana multi state operators in the United States decreased, reflecting seasonal factors, the decline in marijuana prices and inflationary pressures that may curb consumer spending.
Cannabinoid manufacturers have less than one week to submit data and opinions to the U.S. health regulatory authority to consider whether to allow the use of extracts such as CBD in food and dietary supplements.
Detroit finally issued its first recreational marijuana license. According to crain's Detroit business daily, doghouse farms, a planting company in the east of Detroit, has obtained a license and will soon sell marijuana in the entertainment market.
According to the retail sales data released by Statistics Canada on Thursday, the sales of regulated recreational marijuana in Canada reached a record high in March, reaching nearly 358.8 million Canadian dollars (279.6 million US dollars).