Recreational Marijuana News

Synonyms: 
lifestyle
recreational
Fri
23
Apr

The pandemic created the American cannabis consumer, who’s not going away

During a year that saw hundreds of thousands of American deaths and widespread suffering, so-called vice industries thrived. Whether for mental health needs, self-medication, or pure recreation, the consuming public hoarded alcohol and other substances in an apparent effort to cope with the outbreak and social isolation over the past 12 months. And one of the biggest beneficiaries was the cannabis industry, which saw explosive growth in 2020 that’s expected to continue into the next decade and beyond as an increasing number of states legalize recreational marijuana use.

Fri
23
Apr

Whoa! New Report Finds This Many Americans Consume Cannabis

As cannabis legalization continues to sweep the U.S, beliefs and behaviors surrounding 420, once considered a “stoner holiday,” are shifting to become much more mainstream and inclusive.

One in four Americans currently consume cannabis, reporting they’ve tried some form of cannabis within the past twelve months. That’s a significant increase since 2018* when just 16% of U.S. adults reported current consumption, representing a 56% increase in just two years. What’s more, 23% of current cannabis consumers say they tried cannabis for the first time over the past year, suggesting the COVID-19 pandemic, combined with expanded state legalization, has rapidly accelerated cannabis acceptance and adoption in America.

Fri
23
Apr

420 Cannabis Holiday Retail Traffic Up 10% in 2021

Cannabis retail traffic was up 9.5%, and sales rebounded 8.4% year-over-year on 4/20, according to Cova Software, the largest Cannabis Point of Sale (POS) company in North America. While major outages plagued several big POS systems, Cova reported its 4th straight year of perfect uptime (100%) and benchmark transaction speeds (1.4 seconds). During peak hours on 4/20, Cova was processing 380 cannabis transactions per minute, and handled over 180,000 transactions for the day across 1,200+ dispensaries.

Fri
23
Apr

Cannabis Smoking Lounges Finally Approved By Denver City Council

In honor of this very special, 4/20, semi-post-pandemic holiday week, the city of Denver has an exciting announcement. On Monday, Denver City Council approved cannabis smoking lounges. This exciting news coincided perfectly with the cannabis holiday, getting city residents excited for what is to come.

Thu
22
Apr

‘Dispensaries knew they had to change’: How the cannabis industry adapted in the pandemic

The stress levels experienced in the past year caused many consumers to turn to cannabis as a coping mechanism.

That increased interest led dispensaries to bump up their ad spend, adopt the buy online, pickup in-store (BOPIS) model, implement curbside pickup, and even offer virtual consultations. Some dispensaries started or increased local delivery.

But the changes in public life also brought about radical changes in consumer behavior. While 4/20 and the Friday before Memorial Day had been the top two sales days for dispensaries every year of the past five years, they each failed to crack the top five last year, according to Nina Simosko, chief commercial officer at Akerna, a cannabis software company.

Thu
22
Apr

Cannabis capitals of Europe: Where has weed been decriminalised on the continent?

There are several locations across Europe where cannabis use is as much part of the culture as French wine and Italian coffee.

In recent years, we’ve seen a huge increase in weed - otherwise known as cannabis or marijuana - becoming legalised for medical use across the board. CBD oil and hemp especially have seen a rise in popularity across markets from skincare to wellness.

While elements of cannabis have their advantages, the science doesn’t work in recreational joint-smokers’ favour. The drug is heavily associated with mental and physical health conditions including psychosis and schizophrenia.

Thu
22
Apr

Studies Link Cannabis Consumption and Increased Exercise

The late, great NBA All-Star Clifford “Uncle Cliffy” Robinson (rest in peace) often stated that cannabis consumption can absolutely be a part of an active lifestyle.

Robinson knew firsthand his claim was valid, having played 18 years in the NBA and been a cannabis consumer throughout his professional career.

Uncle Cliffy didn’t just make rosters in the NBA, he was an elite player for the better part of two decades. Clearly, cannabis did not slow him down.

The same is true for countless other professional and semi-professional athletes in the international sports community, as well as amateur athletes across the globe.

Thu
22
Apr

Big Voices Speak Up for Cannabis and Against Criminilzation

At our recent Emerge Virtual Cannabis Conference & Expo, transformative thinkers and innovators voiced their insight on diversity, expungement, and prison reform to hundreds of eager virtual attendees.

The event hosted several prominent speakers from the industry, boasting a powerhouse assembly of cannabis enthusiasts.

Hemp and cannabis culture is all about community; it’s a space where everyone deserves representation.

As the demand for cannabis continues to grow, many revolutionary leaders within the industry, including Andrew DeAngelo, Wanda James, Steve DeAngelo, and others have been fighting for change within the hemp space to better reflect the inclusive nature of the plant. 

Thu
22
Apr

Virginia’s Governor Ralph Northam Signs Cannabis Legalization Bills Into Law

Democratic Governor Ralph Northam of Virginia signed a bill to legalize cannabis on Wednesday, marking the first time a state in the South has approved the use and sale of recreational marijuana for adults. The measure moves up the legalization of simple possession of cannabis to July 1, two years earlier than legislation originally approved by lawmakers in February.

The governor said that the legislation is a “milestone” for the state and called it a step toward “building a more equitable and just Virginia and reforming our criminal justice system to make it more fair.”

Thu
22
Apr

Illinois generates 5th most tax revenue for marijuana sales

A recent study reported that Illinois generated $175 million in marijuana sales taxes in 2020, the fifth most in the nation.

Currently, 16 states and Washington, D.C., have now fully legalized marijuana, and 11 have retail sales taxes, according to the study released by U.S. Drug Test Centers. Also, adult and youth usage of marijuana also increased in 2020.

Illinois originally awarded 75 licenses for marijuana dispensaries in 2020, and there is a proposed bill that would more than double the number of licenses and give the poor and minorities a chance to enter the industry after being excluded in the first round, according to published reports.

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