Thursday, January 16, 2025

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Illinois Hits $109M In Marijuana Sales In March, Marking New Record

Benzinga Staff Writer -
A total of 2,317,315 marijuana items worth $109,149,355 were sold last month.

Analyst Projects $7B New York Cannabis Market

Benzinga Staff Writer -
New York became the 15th state in the U.S. to legalize recreational cannabis Wednesday with Gov. Andrew Cuomo's signature. 

New York Becomes 15th State To Legalize Recreational Cannabis

Benzinga Staff Writer -
The legislation will also help those unfairly punished for a marijuana-related activity that would now be legal.

Cannabis Regulatory Update: Kansas, New Mexico, Ohio, Rhode Island, South Dakota

Benzinga Staff Writer -
Ohio’s medical marijuana sales may reach $400M this year; South Dakota Gov. wants to limit current medical cannabis program; and more.

Cannabis Experts Concerned About New York’s Possible THC Potency Excise Tax

Benzinga Staff Writer -
A new bill is expected to include a 13% sales tax with an excise tax of up to 3 cents per milligram of THC content.

New York Lawmakers To Vote On Cannabis Legalization Bill Within Days

Benzinga Staff Writer -
Lawmakers are to vote on the bill early this week after months of talks between the Senate, Assembly and Gov. Andrew Cuomo’s office.
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