Could legal marijuana dollars be the boost the U.S. economy needs during a pandemic-triggered recession?
America’s driving down a long stretch of bad road, and it doesn’t look like the exit will be anytime soon. At least 22,000 people have died from COVID-19 related complications in the U.S. since the onset of the pandemic, and, in the past three weeks, nearly 17 million have lost their jobs and... Read more
Cannabis Use Reached All-Time High in March Amid Lockdown Measures
Cannabis use hit an all-time high in March as lockdown measures spread across the U.S., giving people more free time with less to do. A March survey of 2,500 consumers by Cowen & Co. found that 33% had tried cannabis at some point in their lives, a record high.... Read more
The Illinois Cannabis Market Is Strong, But Shortages Will Persist For Months
Illinois’ new recreational marijuana market is off to a hot start even amid the spread of coronavirus. Earlier this week, the state announced nearly $36 million worth of legal cannabis was sold in March — on par with numbers from February. March may be two days longer, but it... Read more
Adult-use marijuana sales remain high at $35.9 million in March in Illinois
More than $109 million of marijuana products were purchased in Illinois in the first three months of legalization, and the third month of sales was on par with the first two despite a stay-at-home order being in place for 11 days in March. Preliminary numbers show statewide adult-use cannabis... Read more
Recreational marijuana could add $100 million for Oklahoma’s virus-shattered budget, lawmaker says of new proposal
An Oklahoma lawmaker confirmed he will begin work on a bill that would allow adult use of recreational cannabis, saying the idea is “worth exploring” especially in light of sustained economic downtown during the COVID-19 emergency. In making the announcement, Rep. Scott Fetgatter, R-Okmulgee, signaled his belief that petitions... Read more
Marijuana legalization ‘not likely’ in New York budget, Cuomo says
New York Gov. Andrew Cuomo said Tuesday the state is not likely to authorize marijuana for adult use as part of its budget process, dealing a blow to advocates who have spent years pushing for full legalization of the drug. Cuomo, a Democrat, had proposed legalizing recreational marijuana as... Read more
Cannabis users, shops suffer high anxiety after Massachusetts shuts down recreational sales
Shannon Venezia hasn’t had a seizure in four and a half years — a fact that she attributes to her decision to treat her epilepsy with cannabis instead of the prescriptions her doctor wrote, which she says would give her mood swings. After recreational cannabis became available in Massachusetts in... Read more
Halt of Mass. recreational marijuana sales is followed by layoffs, concerns about future of emerging industry
Earlier this month, a letter was reportedly distributed to employees of Cultivate Holdings, a medical and recreational marijuana dispensary in Leicester. The letter dated, which was March 18 and was obtained by MassLive, noted that the outbreak of COVID-19, the disease caused by the new coronavirus, was rapidly evolving. The... Read more
Marijuana deliveries skyrocket during coronavirus crisis in Las Vegas
Before the coronavirus outbreak, Thrive Cannabis Marketplace in North Las Vegas was making about three dozen deliveries a day. But with dispensaries only permitted to offer delivery service after nonessential businesses were ordered closed, Thrive is making several hundred deliveries a day. “Previously, deliveries were a very small portion... Read more
COVID-19 could cancel Missouri recreational marijuana campaign, says activist group
The future of an effort to get recreational marijuana onto Missouri’s November 2020 ballot is “unclear,” according to a statement circulated early Saturday by Missouri attorney and cannabis activist Dan Viets. Viets is the state coordinator for the pro-cannabis group NORML and is an advisory board member for Missourians... Read more
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