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  1. Feb 29, 2024 · The motivations behind these changes often include a desire to eliminate black market activity, generate tax revenue, improve public health and address the social implications of cannabis...

  2. Mar 25, 2024 · Medical Cannabis and the Future: Competing with Black Market Operations. The successes of the medical cannabis legalization effort have opened a market where hundreds of legitimate collectives are able to produce safe, quality, and accessible cannabis for patients’ therapeutic needs.

  3. 2 days ago · In Canada, most marijuana stocks experienced huge growth after cannabis was legalised for recreational use in 2018, but oversupply and cheaper drugs available on the black market triggered a slump ...

  4. Jul 24, 2023 · The state’s legislature tried to intervene further this year by imposing stricter limits on who could obtain medical marijuana cards and how much THC, the compound in cannabis that gets you...

  5. Oct 12, 2023 · New rules also will allow companies licensed to grow and sell medical marijuana in New York to get into the recreational market. The moves are expected to boost the number of legal dispensaries in a market now dominated by black-market sellers who simply opened retail stores without a license .

  6. Jul 21, 2019 · In Los Angeles, unlicensed businesses greatly outnumber legal ones; in Oregon, a glut of low-priced legal cannabis has pushed illegal growers to export their goods across borders into other...

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  8. The global legal cannabis market size was valued at USD 22.1 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 25.5% from 2023 to 2030. The increasing rate of legalization of cannabis and acceptance of its use in the medical field are the key factors due to which the market is expected to boom.