The state generated $5.3 billion in legal sales last year, an 8.2% drop from 2021 and the first since the adult-use market launched in 2018. Here’s what that means for New York and other states. A nnual legal cannabis sales in California decreased for the first time since the nation’s biggest pot market launched recreational
Posts published by “Will Yakowicz”
G amblers keep losing and Nevada keeps winning . The Silver State collected $1.2 billion in gambling revenues from casinos in October, marking the eighth consecutive month the state has brought in more than $1 billion, according to numbers released by the Nevada Gaming Control Board. October’s total win is up 19.5% from pre-pandemic levels…
A fter months of promises , a draft of a bill to end America’s decades-long prohibition of cannabis is here. Senate Majority Leader Chuck Schumer, along with Senate Finance Committee Chairman Ron Wyden and Sen. Cory Booker, released their proposal to remove marijuana from the Controlled Substances Act on Wednesday. The Cannabis Administration and Opportunity…