Michigan lawmakers propose pause on 24% cannabis wholesale tax
Michigan's 24% wholesale cannabis tax is trailing revenue projections. A new bill would suspend it for one year.
News October 30
Latest In: News by State
Alabama medical cannabis market continues slow rollout with more openings
The state will have as many as five dispensaries open by early November, state officials said Thursday, as…
News October 30
New York governor signs cannabis labor bill, moves to scrap wage board
Gov. Kathy Hochul said a cannabis wage board could raise costs and drive consumers to the illicit market.…
News October 29
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October 26
State hemp THC bans are already boosting marijuana MSO revenue
Ohio cannabis sales are up 25% since a state ban on hemp THC products sold outside of licensed…
News October 29
New York cannabis sales top $1.4 billion through Q3
The third-quarter figure accounts for about 34% of the $4.1 billion in cumulative sales since the market launched…
News October 28
Federal hemp THC rescue possible after midterm elections – but with new rules
A rescue plan for hemp cannabinoid products is likely to emerge after the midterm elections, according to Capitol…
News October 28
Rhode Island hemp firms can quarantine inventory ahead of federal THC ban
Rhode Island hemp businesses can quarantine intoxicating inventory rather than destroy it, keeping options open if federal rules…
News October 27
Nevada latest mature cannabis market to consider tax increase
Diminishing cannabis tax revenue in Nevada is leading lawmakers to ponder tweaks in the cannabis tax, including an…
News October 27
California social equity cannabis licenses top nonequity active rates
A review of 1,653 California retail licenses finds 81% of social equity holders are active versus 76% for…
News October 26
Marijuana MSO sues Ohio town, claiming local fees were ‘extortion’
Pierce Township's attempt to collect 4.5% of cannabis retailers' annual gross as a condition of being allowed to…
News October 26
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