The Week in Weed: December 2, 2022

Welcome again to The Week in Weed, your Friday have a look at what’s taking place on the planet of legalized marijuana.

This week, we see New York issuing its first hashish licenses.  Eire considers a invoice to decriminalize marijuana use.  Connecticut delays its dispensary openings.  Rhode Island, alternatively, plans to start gross sales this month.  And at last, Thanksgiving weed gross sales had been up this 12 months.


Good issues come to those that wait – the outdated adage was confirmed true once more this week, as New York issued its first adult-use hashish licenses.  28 of the primary 36 licenses points went to people; the remaining eight went to nonprofits.  All the licenses went to “justice-involved” people or organizations serving these individuals.  When will these dispensaries open?  Quickly…


Hashish for private use could also be coming to the Republic of Eire. Irish MP Gino Kenny launched a invoice that will enable adults 18 and older to own as much as 7 grams of hashish or 2.5 grams of hashish resin. The invoice wouldn’t set up authorized gross sales or cultivation, both by people or industrial enterprises.


As a counterpoint to New York’s progress, we have now an absence of progress in Connecticut. Initially set for a 2022 opening date, now it seems that retail hashish dispensaries received’t open within the Nutmeg State till 2023. Delays within the technique of approving develop and manufacturing house is setting the method again. Early 2023 now appears to be the earliest shops might open.


Persevering with our deal with small New England states, Rhode Island‘s adult-use market began this week. As early as 5:45 am ET, doorways opened on Thursday, with metal drum bands, balloon arches and free samples. One can solely think about this can present incentive for Connecticut to get its act collectively.


This Thanksgiving, it wasn’t solely the beans that had been inexperienced. Inexperienced Wednesday, the day earlier than Thanksgiving, was probably the most fruitful gross sales day for hashish, raking in over $116 million in gross sales, exhibiting a 16% enhance year-over-year. The day was second solely to April 20 in gross sales. Should you’re within the hashish business, that is one thing for which to be grateful.

Keep secure and be properly everybody – we’ll see you subsequent week!

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