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Fast Stats: Page 3
Cannabis Market Keeps Growing
The U.S. cannabis industry continues to boom, even in the absence of federal legalization.
Cultivating Social Equity
There were 362,000 people arrested for cannabis possession in the U.S. in 2019, as the federal government spends $33 billion each year prosecuting the drug war with Black people 3.64 times more likely to be arrested for cannabis-related offenses compared to whites.
Massachusetts at a Glance
Adult-use cannabis sales launched in Massachusetts in November 2018, and already the state’s dispensaries have reported more than $2 billion in sales.
New Mexico at a Glance
The Land of Enchantment continues to ramp-up adult-use cannabis efforts after the Cannabis Regulation Act became effective June 29. With New Mexico’s Cannabis Regulatory Advisory committee established and dispensary sales set to begin April 1, 2022, if not sooner, the state’s cannabis market is ready to boom with an estimated 12% annual average market growth in terms of quantity demand, according to projections from MPG Consulting, a cannabis-focused advisory firm.
Michigan at a Glance
Since adult-use dispensaries first opened in Michigan in December 2019, the state’s cannabis market has experienced rapid growth. According to a study from the Michigan Cannabis Manufacturers Association (MCMA), the industry “reflects a vibrant regulated marketplace with unlimited economic potential,” says MCMA Board Chair Shelly Edgerton.
Arizona at a Glance
Arizona began adult-use cannabis sales earlier in 2021. Here’s where the adult-use and medical markets stood in April 2021, the most recent month with available data as of press time.
Delaware Weighs Potential Adult Use Cannabis Boom Against Some Medical Operators' Wishes
If passed, the Delaware Marijuana Control Act would allow anyone 21 years old and older to possess up to one ounce of cannabis for personal use.
Global Cannabis Sales Reach $21.2 Billion in 2020
According to data from BDSA, this represents a 48% year-over-year increase compared to 2019.
State Spotlight: Hawai‘i
A look at key statistics from the state's medical cannabis program and the supply challenges that persist.
Fast Stats
Alaska considers increasing THC limits for edibles, making the state's products more in line with what's available in other markets, while lawmakers in Washington, D.C. introduced competing bills to regulate adult-use sales.
Illinois Adult-Use Cannabis Market Remains in Its Bull Run
January 2021 adult-use sales figures set records for in-state, out-of-state, as well as the number of individual SKUs sold, while patient counts in the medical market continue to be strong.
Cannabis Cultivation Business Employees Rate Their Workplaces
In partnership with the Best Companies Group, Cannabis Business Times surveyed employees of cultivation businesses across North America, giving employees the opportunity to anonymously rank their employer across various categories. Here are some of the results.
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