Category: Outlaw Report
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D.C. Opens Social Equity Applicant Window for Medical Cannabis Retail Licenses
The second retail application period for medical cannabis licenses opened today in Washington, D.C. This social equity retail licensing period is part of D.C.’s cannabis medical expansion. The period for cultivators and manufacturers to apply has passed, and unlicensed I-71 operators could apply to transition to the legal market until Jan. 29, 2024. The period…
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Virginia Senate and House Democrats agree on adult-use market bill, set to standoff with Gov.
Despite being the first southern state to legalize adult-use cannabis, Virginia’s Republican led government dragged its feet the last three years to prevent a market launch. But Democrats are trying yet again to override Gov. Glen Youngkin who has promised to veto any market launch since his election. Democrats struck a deal last Friday, according…
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Patient exodus and slower sales cast clouds over D.C. market
D.C. patient expirations outpace new registrations as medical sales continue decline Cultivation and manufacturing revenue in D.C.’s medical cannabis program continue to be below 2023, but they are growing slowly after hitting a low last fall. However, retail sales fell to their lowest point in four years last month, according to ABCA monthly revenue report.…
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D.C. medical cannabis sales close out 2023 with six-month high
Six-month high in D.C. medical cannabis sales While overall sales haven’t reached pre-Maryland adult-use launch levels, D.C.’s medical cannabis market showed signs of stability in December 2023. Total sales reached nearly $3 million, marking the highest monthly figure since Maryland’s recreational market opened in July. Interestingly, patients benefiting from reduced licensing fees contributed over $300,000,…