While the extension of the federal hemp ban offers breathing room, it doesn’t erase the pressures on the estimated $38.7 billion industry.
Margaret Jackson
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Ohio cannabis product tied to health problems, store closure identified
Vext ties the product in Ohio dispensary closure to a Vapen vape cartridge. Testing found no contaminants as Ohio’s investigation continues.
Illinois adult-use cannabis retailers scoop up MMJ permits
Illinois adult-use retailers can now apply for a medical marijuana license under SB 3222, unlocking DEA eligibility and 280E tax relief.
Federal hemp rules threaten 225,000 jobs and $8.9 billion in wages
A federal ban on intoxicating hemp products expected to take effect Dec. 11 threatens to reduce retail revenue by $28.3 billion.
Why cannabis growers are locking in harvest labor now
Croptober drives cannabis hiring to its yearly peak, with Vangst issuing 10,000 W2s.
Missouri moves intoxicating hemp into regulated cannabis market Nov. 12
Anything over 0.4 milligrams of THC per container becomes marijuana, sellable only in licensed stores and grown in state-licensed facilities.
Delaware cannabis sales hit record in July, trail projections
Licensing delays have stalled the launch of retail-only stores, while high prices and limited options drive buyers to neighboring states.
Why a cannabis business is betting on dogs to reach FDA approval
Endovia is pursuing FDA veterinary approval for its cannabinoid drug targeting canine cancer and chronic pain in the companion-animal market.
Florida moves to ban celebrity endorsements in MMJ marketing revamp
Renewal fees jumped to $1.3 million and licenses lost value as Florida floats tighter marijuana marketing rules that operators call draconian.
Marijuana MSO Cresco scoops up PharmaCann Pennsylvania assets
The deal makes Cresco Pennsylvania’s No. 1 MMJ retailer and wholesaler, deepening its grip on the second-largest US medical market.
Why word of mouth still drives cannabis deals
Cannabis Cash Consultants founder Jennifer Makris says building credibility and a strong personal brand can turn into lasting revenue.
California cannabis sales recover from earlier slump
California’s cannabis market may have found its footing. Second-quarter retail sales hit $1.013 billion, holding steady year over year.
