Medical Marijuana Users Outspend Recreational Consumers 3 to 1

The Washington, D.C. cannabis analytics firm found that in 2016, medical consumers shopped for cannabis every 10 days, spending an average of $136 per transaction. Adult use consumers shopped every 14 days and spent an average of $49 per transaction.

Medical marijuana sales are projected to reach $5.3 billion in 2017 and account for 67 percent of total cannabis sales. By 2025, medical marijuana sales will grow to $13.2 billion and account for 55 percent of all legal cannabis sales. Adult use sales are projected by reach $2.6 billion in 2017 before growing to $10.9 billion by 2025.

Source: Medical Cannabis Users Outspend Recreational Consumers 3 to 1 – Medical Marijuana, Inc. (OTC: MJNA)

MARIJUANA: Canada pot clash with US border patrol | Miami Herald

While voters have already made recreational marijuana legal up and down the West Coast, from Alaska to California, Canada is expected to become only the second nation to completely legalize pot on July 1, 2018. Such a big move would be all but certain to produce spillover effects in the United States.

This article in the Miami Herald explores the consequences and current signs of Trump Crack downs on marijuana at the border. Source: MARIJUANA: Canada pot clash with US border patrol | Miami Herald

Massachusetts allows for home growing of marijuana.

Home growing is becoming a big business in Massachusetts. At NECANN vendors were selling light kits, grow tents, soil and cultivation kits which can run from a few hundred to a few thousand dollars.

In Massachusetts, it’s still illegal to sell marijuana without a license. The law sets the limit on how many plants you can grow at six, or a maximum of 12 if there’s two people in the house. The plants must also be under lock and key and must be grown in your primary residence.

Source: New marijuana growing culture predicted to explode in Massachusetts | Boston 25 News

Garrett Announces Press Conference on Federal Marijuana Deregulation Legislation | Congressman Tom Garrett

“I have long believed justice that isn’t blind, isn’t justice. Statistics indicate that minor narcotics crimes disproportionately hurt areas of lower socio-economic status and what I find most troubling is that we continue to keep laws on the books that we do not enforce. Virginia is more than capable of handling its own marijuana policy, as are states such as Colorado or California.”

Source: Garrett Announces Press Conference on Federal Marijuana Deregulation Legislation | Congressman Tom Garrett

Mexico’s lower house approves medical uses of marijuana – The Washington Post

Mexico’s lower house overwhelmingly passed a bill Friday approving the use of marijuana for medicinal purposes, the latest in a series of legal changes and court rulings that have somewhat relaxed cannabis laws in Mexico.

The measure does not allow smoking marijuana, but directs the Health Department to “design public policies to regulate the medicinal use of this plant and its derivatives.”

Source: Mexico’s lower house approves medical uses of marijuana – The Washington Post

PA Marijuana applicants waiting on state’s OK 

Avoca native Mary Pat Julias wants to open medical marijuana dispensaries in Mayfield and Wilkes-Barre, PA as part of a larger ambition: to offer a holistic approach to helping people become healthy and lead productive lives. Julias is among hundreds of applicants in PA.

Read more from the Source: Marijuana applicants waiting on state’s OK – News – Standard Speaker or Read about PA Seed to Sale Regulations here. 

California releases regulations for medical marijuana

California regulations for medical marijuana

Lori Ajax, chief of the Bureau of Medical Cannabis Regulation and her team have now produced detailed medical marijuana regulations for distributors, transporters, laboratories and retailers. The state to produce the 58-page document released Friday. California regulations for medical marijuana have been released according to a popular online weed resource, The Cannifornian,

The 211 pages of regulations lay out standards for any marijuana business that wants to get licensed by the state, with rules for how big weed farms can be, what pesticides they can use, what packaging for edibles must look like and more.

Meanwhile, the Department of Public Health has been crafting 95 pages of rules for companies that manufacture cannabis products, such as edibles and concentrates. And the Department of Food and Agriculture has been drafting regulations for the state’s thousands of marijuana cultivators.

Source: California releases plan to regulate medical marijuana industry – The Cannifornian

 

Last month the California Governor released a plan to align medical marijuana and Prop 64, for recreational marijuana which passed last year. The development of California regulations for medical marijuana proves the evolution of the industry is in progress before all of our eyes.

See Our California Seed to Sale Solutions Here.

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