Marijuana sales in Colorado slumped lower in May even though 2021 is still shaping up to be a record-breaking year, according to data from the state's revenue department.
The U.S. Supreme Court on Monday said it would not hear an appeal in a case brought by a Colorado medical marijuana dispensary.
Colorado's marijuana sales eclipsed $768 million dollars during the first four months the year, the state's revenue department said on Wednesday.
As New Mexico gears up to implement the legalization of adult-use cannabis, the state is looking into raising production limits and also making some changes to medical marijuana rules including eliminating some sales tax.
Colorado's marijuana sales eclipsed the half-billion dollar mark in the first quarter of 2021, the state Department of Revenue (DOR) said on Tuesday.
(The Center Square) -- Colorado Governor Jared Polis is leading an effort backed by 20 other state and territory governors to encourage Congress to pass legislation that would allow cannabis-legal states to operate under a new banking system.
The proposed federal legislation would allow banks and credit unions to provide their services to state-licensed cannabis-related businesses such as marijuana dispensaries.
(The Center Square) - Gov. Michelle Lujan Grisham has signed a law making recreational usage, sale and production of cannabis legal. New Mexico is now the 17th state in the union to legalize marijuana.
The law will take effect in June, and adults over the age of 21 will be allowed to possess cannabis for recreational use, Ben Lewinger, executive director for the New Mexico Cannabis Chamber of Commerce, told The Center Square. Lewinger said there will be possession limitations on flower concentrate and edibles.
Total marijuana sales in Colorado reached $167 million in February, the state's revenue department has announced.
While 67% of U.S. adults support marijuana legalization, public knowledge about cannabis is low.