Tag: CBT > Illinois Adult-Use Legalization Cannabis: Page 8

Arizona

Adult-Use Legalization Measures Officially Qualify for Arizona and Montana Ballots, Vermont Lawmakers Plan to Take Up Legislation to Legalize Cannabis Sales: Week in Review

A judge ruled this week that Arizona’s measure can appear before voters after a brief legal battle, while Montana’s Secretary of State certified two complementary adult-use initiatives for the November ballot.

August 15, 2020

Illinois

Illinois Establishes Tiebreaker for Awarding Conditional Adult-Use Cannabis Dispensary Licenses

The permanent rules were filed in June and approved by a legislative rules committee this week, allowing the state to issue the conditional licenses in the coming weeks.

August 13, 2020

Arizona

U.S. House Plans September Vote on the MORE Act, Massachusetts Regulators Allow Companies to Retest and Sell Quarantined Vaping Products: Week in Review

Lawmakers are poised to vote on legislation that would federally decriminalize cannabis by removing it from the Controlled Substances Act.

August 8, 2020

Illinois

Industry Association Urges Illinois to Use Cannabis Tax Revenue to Support Social Equity Applicants

The Cannabis Business Association of Illinois sent Gov. J.B. Pritzker a letter requesting aid for those awaiting one of the state’s long-delayed social equity licenses.

August 7, 2020

Illinois

Illinois Adult-Use Cannabis Sales Reach $61 Million in July

July’s figures set a new sales record for the state.

August 4, 2020

Coronavirus and Cannabis

Illinois Adult-Use Sales Back on the Rise

Data shows that the COVID-19 pandemic has not slowed demand during the first six months of adult-use sales in the state.

August 2, 2020

Illinois

Chicago-Based Cannabis Company NuMed Changes Name to NuEra

The business, which operates three dispensary locations, is now vertically integrated after taking over ownership of the Hillcrest Cultivation Center in Rochelle, Ill.

July 28, 2020

Legislation and Regulation

Hawaii Legislature Approves Bill Allowing Cannabis Edibles, Illinois Collects More Than $52 Million in Adult-Use Tax Revenue to Date: Week in Review

This week, lawmakers in Hawaii sent a bill to Gov. David Ige that would allow the state’s eight medical cannabis licensees to sell edibles.

July 18, 2020

Finance

Illinois Collects More Than $52 Million in Cannabis Tax Revenue During First Six Months of Legal Adult-Use Sales

The figures shatter Gov. J.B. Pritzker’s budget estimates, which predicted the state would collect $28 million in cannabis tax revenue by June 30.

July 15, 2020

California

Lawmakers in Virginia, Pennsylvania Push for Cannabis Legalization, Arkansas Campaigns Run Out of Time to Qualify Adult-Use Initiatives for 2020 Ballot: Week in Review

This week, a Virginia Delegate announced plans to legalize adult-use cannabis in a special session of the legislature, while a Pennsylvania Senator urged the governor to consider legalization.

July 11, 2020

Sales Trends

Illinois & Oklahoma: A Tale of Two Regulatory Structures

With a relatively low barrier to entry and few regulations in Oklahoma, thousands of businesses have invested in this small state market. By comparison, Illinois has seen marginal growth since launching adult-use sales in January.

July 9, 2020

Finance

Illinois Cannabis Sales Top $47 Million in June

June now holds the record for the highest sales figures in the state.

July 9, 2020