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ARTICLE · 10 JANUARY 2024

The Week In Weed: January 5, 2024

Seyfarth Shaw LLP
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Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana. Happy 2024 – let's start the year off with a shout-out to Colorado...

United StatesCannabis & Hemp
Susan Ryan
Susan Ryan
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Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana. Happy 2024 – let's start the year off with a shout-out to Colorado, where the retail market is celebrating an anniversary. There's an update on Alabama's medical cannabis licensing program (meet the new year; same as the old year). The DEA is conducting a review of cannabis scheduling. And finally, we have an update on the Weed Nuns.

COLORADO

January 1, 2014 marked the opening of Colorado's retail market for adult-use cannabis. Since that time, the industry has taken in $15 billion in revenue, with the state collecting $2.6 million in taxes and fees. As of January 2024, 24 states have legalized adult-use cannabis; over half the US population lives in a state where it is legal.

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