Illinois has cemented its place as one of the leading cannabis markets in the U.S. As of 2024, the state continues to showcase remarkable growth, with cannabis retail sales surpassing $1 billion by July 1—a milestone achieved nearly two weeks earlier than the previous year, reported Ganjapreneur. The Illinois Department of Financial and Professional Regulation […]
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After legalizing adult-use cannabis in the November 2023 election, Ohio began adult-use (non-medical) cannabis sales on August 6, 2024. Since launching, Ohio’s new adult-use cannabis market has seen robust growth, with nearly $90 million in sales recorded in the first seven weeks, and a total of $155 million at the time of this writing. The […]
New Jersey’s cannabis market is experiencing remarkable growth, marked by a substantial 38% increase in adult-use sales between Q1 of 2023 and Q1 of 2024, according to NJ.gov. Sales for the first quarter of 2024 alone topped $201 million, and experts predict that the market could surpass $1 billion by year’s end. With more than […]
We want to ensure your business remains compliant with Federal regulations. All businesses are required to file the Beneficial Ownership Information (BOI) by December 31, 2024. BOI reporting involves providing detailed information about the individuals who own or control your company to enhance transparency and prevent illicit activities. For businesses formed before January 1, 2024, […]
The Missouri cannabis market has experienced significant growth since the legalization of medical cannabis in 2018 and the launch of adult-use cannabis in early 2023. In 2023, Missouri’s legal cannabis market size was estimated at $1.44 billion, according to Grand View Research, and “is expected to grow at a compound annual growth rate (CAGR) of […]
If you’re looking to stay ahead in the fast-growing cannabis industry, these must-attend events in 2024 offer invaluable opportunities to network with industry leaders, gain insights, and keep up with the latest trends shaping the market. In this new, complex, rapidly growing, and still federally illegal industry–in-person connections with industry peers are essential for plant-touching […]