Marijuana sales in Colorado totaled nearly $1.75 billion in 2019 according to data released by the Department of Revenue’s Marijuana Enforcement Division. The $1,747,990,628 in sales includes both recreational and medical marijuana and is a sizeable increase from 2018, when sales totaled $1,545,691,080.
Read MoreLast Friday, Leafly released its latest annual jobs report and the numbers are encouraging. Leafly reports that the legal cannabis industry supports 243,700 full-time-equivalent jobs as of January 2020. That number grew by 33,700 new jobs over the past 12 months, which makes legal cannabis the fastest-growing industry in the United States.
Read MoreTo kick off 2020, we thought it would make sense to provide an update on what’s been going on in Illinois over the last few weeks (there’s been a lot) and is continuing to keep us extremely busy.
Read MoreIt’s official—the sale of recreational marijuana in Chicago will begin, as planned, on January 1st, 2020. Today, Governor J.B. Pritzker and Mayor Lori Lightfoot shot down an attempt by the City Council’s Black Caucus to delay sales of recreational marijuana in Chicago for six months. After a heated debate, the City Council ultimately voted 29-19 to defeat the proposal.
Read MoreAcknowledging certain changes were needed to the state’s landmark cannabis legalization bill, Illinois lawmakers passed a trailer bill last week containing several substantive revisions. Here are the four key changes.
Read MoreWith the growing popularity of CBD, the federal legalization of hemp, and the agricultural fallout from the ongoing trade war with China, it is no surprise that large numbers of farmers are trying their hand at cultivating hemp.
Read MoreIn the recently-passed Cannabis Regulation and Tax Act, Illinois legalized recreational marijuana effective January 1, 2020. The legalization of recreational marijuana will have a significant impact on workplace drug policies in Illinois.
Read MoreThe Chicago City Council passed its Cannabis Zoning Ordinance last week—but not before a battle royale with the Aldermanic Black Caucus.
Read More“In this world nothing can be said to be certain, except death and taxes.” The Works of Benjamin Franklin, 1817. That idiom remains true today, and with the legalization of recreational marijuana markets, it was widely accepted that the taxes would allow state and local governments to plug budgetary shortfalls.
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