MJBizDaily
Tribal cannabis stores hit record expansion across the US
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Trulieve is first US cannabis company to trade on NYSE
CEO Kim Rivers called the listing a turning point for the cannabis sector. Analysts predict the company will break even in the next year.
News June 11
Missouri cannabis sales hit record $135.1 million in May
The average price of cannabis items sold dropped from $28.79 in May 2025 to $26.61 for the same month this year.
News June 10
Cannabis legislation could break Virginia’s budget impasse
Gov. Abigail Spanberger could support folding a regulated adult-use retail framework into the budget after vetoing a standalone sales bill.
News June 9
The New Genetics Race: Why Cannabis Seed Brands Are Becoming the Next Big Differentiator
As cannabis shoppers become more educated, seed brands are no longer just selling genetics — they are shaping loyalty, discovery, and the next wave of premium cultivation culture.
June 9
Trulieve to become first US cannabis company listed on NYSE
Trulieve completed a corporate restructuring and that deconsolidated its operations in markets serving both medical and adult-use customers.
News June 8
Michigan’s cannabis tax gamble comes up short in first quarter
The tax, which kicked in Jan. 1, was at the center of a bipartisan road-funding deal that ended a drawn-out budget standoff last year.
News June 5
Alabama cannabis market opens with one dispensary, 11 to follow
To access the program, patients need a qualifying condition and a recommendation from a physician registered with the Alabama Medical Cannabis Commission.
News June 4
Cannabis’ challenge isn’t regulation – it’s enforcement
Ripple CEO Justin Singer says the real issue in the legal market is not too much regulation but too little enforcement.
News June 4
New York governor signs anti-inversion cannabis bill
Those who don’t play by the rules face fines of up to $10,000 per day and possible product seizure and destruction.
News June 3
Illinois cannabis reform bill targets licensing gap, eyes federal future
Senate Bill 3222 also makes other adjustments to Illinois cannabis laws – including regulating intoxicating hemp.
News June 2
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