Washington state marijuana growers fear hemp-derived THC could put them out of business
Washington state marijuana growers are concerned that, without a change to state laws, their businesses could be severely hamstrung by federally legal hemp.
Judge refuses to overturn Oklahoma medical cannabis residency provision
A Washington state marijuana company lost its bid in federal court to enter Oklahoma’s medical cannabis industry through a legal challenge to the state’s residency requirement.
Marijuana legalization efforts get boost from billions in MJ tax dollars
Adult-use marijuana programs are generating billions of dollars in tax revenues for state governments each year – bolstering the economic and equity case for legalization in other markets across the country as well as at the federal level.
Sales of CBD-only products declining in recreational marijuana shops
Sales of CBD-only products at recreational marijuana retail outlets have been falling since 2018 in four Western states as more of these goods move into mainstream stores and online, according to an analysis of sales data from Seattle-based Headset.
Price per milligram of THC declining in cannabis-infused products
The average price per milligram of THC in infused cannabis products such as beverages and edibles has declined steadily since January 2020, a likely sign of increased competition as marijuana markets mature.