Posts Tagged ‘MMJ Industry’
The Economic Impact of the Medical Marijuana Industry: Trends and Projections
Overview of the Medical Marijuana Industry The medical marijuana industry has experienced significant growth and evolution in recent years, fueled by shifting attitudes, changing regulations, and expanding legalization efforts across various jurisdictions. This burgeoning industry encompasses a wide range of activities, including cultivation, processing, distribution, and retail sales of medical cannabis products. With increasing acceptance…
Read MoreHow Oklahoma Became The US’s Biggest MMJ Market In Just 3 Years
The Oklahoma medical marijuana industry has gone from strength to strength in the three short years since its inception. Oklahoma MMJ news has been positive from the beginning. Large numbers of OK residents are benefitting from medical marijuana treatment, and MMJ is also bringing massive economic benefits to the Sooner State. Oklahoma legalized medical marijuana…
Read MoreFrom Amendment 2 to $21M: Why Missouri Just Had a Record-Breaking MMJ Sales Month
Missouri’s record-breaking MMJ sales month has further confirmed the need (and demand!) for medical marijuana in the state. Missouri sold $21.03 million worth of medical marijuana in July 2021 alone, which puts 2021 revenue at just over $91 million at the time of writing. Along with the added revenue, more manufacturers, dispensaries, and facilities also…
Read MoreUN To Vote On WHO Medical Marijuana Recommendations: What Does This Mean For The US MMJ Market?
In January of 2019, for the first time in 60 years, the World Health Organization changed its position on medical cannabis. The UN was then set to vote in early 2020 to reschedule cannabis to recognize its use as medicine, but due to the COVID-19 pandemic, the vote has been delayed until December of 2020.…
Read More7 Reasons Why The MMJ Market In Florida Is Booming During Coronavirus
A lot of businesses have been hurt by the coronavirus pandemic that’s swept across the country. Closures ranging from restaurants and movie theaters to gyms and stadiums have all resulted in business downturn and profit losses. But there’s one business that has actually grown during the lockdown period. The medical marijuana (MMJ) market in some…
Read MoreWhy Is The Oklahoma Medical Marijuana Industry Set To Hit $350M?
Recent years have seen Oklahoma marijuana on the rise – and that’s something of an understatement! The OK MMJ industry has positively sky-rocketed into the stratosphere since its birth in June 2018. The Oklahoma MMJ industry reaching $350M in sales is on the very near horizon. State authorities project that MMJ sales in OK will…
Read MoreWhy Is Oklahoma The Fastest-Growing MMJ State In The US?
What is the fastest-growing medical marijuana state in the US? Only a few years ago, a lot of people thought that Oklahoma would never even get as far as legalizing medical marijuana. But it may surprise you to learn that Oklahoma is the nation’s fastest-growing MMJ state. In the space of fewer than eighteen months,…
Read More8 Reasons Why The Oklahoma Medical Marijuana Industry Will Grow And Grow
The Oklahoma medical marijuana industry only came into existence after a June 2018 vote, in which 57% of Oklahoman voters voted to legalize the sale, use, and growth of medical marijuana in the state. While this June 2018 genesis is later than in many other states, the speed at which the Oklahoma MMJ industry has…
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