Search results
Results from the WOW.Com Content Network
[24] [25] [26] Recreational-use revenue in Illinois is expected to reach an estimated $1.6 billion a year. [27] Illinois became the first state in the nation to legalize cannabis for recreational sale through a state legislature rather than ballot initiative. [28] Overall, Illinois is the 11th state in the US to allow recreational marijuana. [29]
On June 1, 2019, Illinois became the 11th state to allow recreational use of marijuana; [13] on June 3, Cresco CEO Bachtell announced plans to double the company's employee headcount from 300 to 600 by the start of 2020 to meet recreational demand, which he estimated would initially be "four to eight times" the size of the medicinal cannabis ...
Driving the increase last year was the more than 42 million recreational marijuana products sold in the state which is a 15% increase from 2022 Illinois recreational marijuana sales reach new ...
2022: Rhode Island legalizes recreational cannabis through state legislature. [87] 2022: Maryland and Missouri voters approve ballot measures to legalize recreational cannabis. [88] 2023: Kentucky legalizes medical cannabis through state legislature. [89] 2023: Delaware legalizes recreational cannabis through state legislature. [90]
Almost $3.2 million was spent on recreational marijuana in Illinois on the first day it was legal, according to state officials.
The Illinois Legislature passed a bill on Friday that legalizes adult-use marijuana businesses. Entrepreneurs who want to start a cannabis business should start preparing now in order to ensure a ...
Medical cannabis. Thirty seven of the United States regulate some form of medical cannabis sales despite federal laws. [12] As of 2016 seventeen of those states (Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Michigan, Montana, Nevada, New Jersey, New Mexico, New York, Oklahoma, Oregon, Rhode Island, Washington, and Washington, D.C.) have at least one medical marijuana ...
From July 2014 to October 2015, recreational cannabis sales were legal in Washington but illegal in Oregon; accordingly, Washington-based dispensaries located along the Oregon-Washington border made considerable revenue from Oregon residents during this time. However, after Oregon began recreational cannabis sales in October 2015, revenue at ...