‘Predatory Practices’ In Missouri, Washington D.C. Mayor Declares 4/20 Tax Holiday On Medical Marijuana And More Cannabis Reg Updates
Massachusetts Cannabis Sales Remain Steady In March
Massachusetts saw $154 million worth of cannabis products sold in March, representing a 2.3% year-over-year increase, according to the data from the Cannabis Control Commission. The sum included $136.8 million in recreational and $17.2 million in medical cannabis sales.
March sales are up compared to January and February cannabis sales which totaled $143.8 million and $143.3 million.
In 2023, the state reported selling over $1.7 billion worth of cannabis. As of the launch of recreational cannabis sales in 2018, the state has garnered $5.93 billion to date.
Meanwhile, state lawmakers are tackling regulatory gaps concerning THC-infused hemp products, which, despite their illegal status, have been found in various retail outlets. State Sen. Michael Moore spotlighted the issue during a recent legislative hearing, that focused on on enforcement and regulatory responsibilities.
See also: Massachusetts’ Cannabis Market Hits Record Highs, Faces Regulatory Challenges, And More
Washington D.C. Mayor Green-Lights 4/20 Tax Holiday On MMJ Purchases
Meanwhile, Washington, D.C. Mayor Muriel Bowser (D) has signed into law an initiative enhancing the medical marijuana program by extending the tax holiday from April 15 through April 28, in honor of the 4/20 holiday.
The policy change aims to boost transactions at dispensaries with a tax rate usually set at 6%. Additionally, the validity of medical marijuana registration cards is being extended to …