Your Top 5 News Stories - June 21, 2021

June 22, 2021

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Legal Cannabis Market Projected to Rack Up $43 Billion by 2025
A look at New Frontier Data’s new Cannabis in the U.S. 2021 Mid-Year Market Update report reveals market trends from expanding legalization. 

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Recreational cannabis in Connecticut: What’s next?
Nearly a decade after Connecticut legalized medical cannabis, it looks to become the 19th adult-use state, with sales to begin next year. 

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Virginia marijuana legalization timetable has many confused
Virginia had the fourth-largest illicit market last year, New Frontier Data estimates, about $1.8 billion or 3% of total U.S. illicit sales.

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Florida Supreme Court Pulls the Plug on Recreational Cannabis Initiative
For the third time in three months, the Sunshine State’s high court struck down a grassroots ballot effort for expanded access to cannabis. 

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First summer season of cannabis sales expected to buoy Maine’s tourism recovery
Maine hopes to follow the lead of Colorado, which saw a 51% boost in canna-tourism boost after legalized adult-use cannabis there in 2012. 

 

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