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The owner of a marijuana dispensary in the Big Apple is on a financial high after his budding business raked in about $7 million in sales last year – nearly two decades after he was locked up ...
When factoring in sales from 2023, the legal market has exceeded the milestone of $1 billion in total sales. New York cannabis industry regulators are expecting the number of legal marijuana ...
Timeline of Gallup polls in US on legalizing marijuana. [1]In the United States, cannabis is legal in 39 of 50 states for medical use and 24 states for recreational use. At the federal level, cannabis is classified as a Schedule I drug under the Controlled Substances Act, determined to have a high potential for abuse and no accepted medical use, prohibiting its use for any purpose. [2]
New York officials launched legal recreational marijuana sales by promising many of the first retail licenses to people with past drug convictions, hoping to give people harmed by the war on drugs ...
In addition, a report by Business Insider indicates that in 2022 alone, Americans spent an estimated $30 billion on legal marijuana products. The report further predicts that legal pot sales could surpass $33 billion in the current year, surpassing combined sales of chocolate and craft beer. [35]
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 ...
Legal sales of cannabis products in California in early 2024 dipped to their lowest level in more than three years, falling by about 6% compared to the first quarter of 2023.
Cannabis trafficking, including sale, import, or cultivation for sale, is punishable by jail time. Legalized in Catalonia in 2017, [243] but that law was challenged by the state and declared unconstitutional. [244] Cultivation in private areas for own consumption is allowed if the plants cannot be seen from the street or other public spaces. [245]