Florida’s recreational marijuana ballot measure will fail, governor says
Florida Gov. Ron DeSantis blasted the recreational marijuana initiative that will appear on the state’s November ballot, calling it “radical” and predicting its failure on Election Day. “They are very, very extreme,” DeSantis said of the cannabis proposal...
New Mexico reports record cannabis sales of $52 million in March
New Mexico set a monthly record for recreational and medical cannabis sales with more than $52 million in March. ADVERTISEMENT Licensed retailers totaled more than $39 million in adult-use sales and $13 million-plus in medical marijuana transactions through the...
District of Columbia extends 4/20 medical marijuana tax holiday
Washington, D.C., lawmakers have voted to extend the length of a tax holiday on medical marijuana purchases surrounding 4/20. The bill also extends the validity period for MMJ registration cards and gives the District of Columbia’s cannabis regulator new powers...
Iowa to restrict hemp-derived cannabis products
Iowa will restrict hemp-derived cannabis products and expand its medical marijuana program under a bill headed to the governor’s desk. House File 2605 will double the number of MMJ dispensary licenses available once Gov. Kim Reynolds signs it into law, according...
Judge clarifies New York adult-use marijuana ruling after creating chaos
(This story was updated at 11:20 a.m. ET Friday with information about the judge’s clarification and more comments.) New York’s adult-use marijuana industry rode a chaotic roller coaster the past two days, after a state Supreme Court judge on Wednesday...
Hawaii House dooms adult-use cannabis legalization again
Despite growing optimism that Hawaii would launch an adult-use cannabis market this year, hopes vanished this week when House Finance Chair Kyle Yamashita declined to hold a vote on the legalization bill. Legislative priorities shifted to meeting response and recovery...
California marijuana delivery drivers authorize 4/20 strike
More than 500 marijuana delivery workers in California could observe 4/20 by going on strike. Drivers and depot workers employed at Eaze Technologies and the company’s plant-touching subsidiary, Stachs, have voted to authorize a strike as contract negotiations...
Missouri high court strips medical cannabis license from applicant
The Missouri Supreme Court has ruled against a medical cannabis license applicant in a long-running licensing dispute, reversing an appeals court decision that said the company should be granted a license. Mo Cann Do had originally been denied a medical marijuana...
Florida adult-use marijuana campaign spending tops $55M as other MSOs join
The most expensive adult-use marijuana legalization campaign in U.S. history is picking up speed in Florida. Six additional marijuana multistate operators have joined the quest of Tallahassee-based Trulieve Cannabis Corp. to transition Florida’s $2 billion medical...
Cannabis operators’ delinquent payments total more than $3.8 billion, report says
Total delinquent payments by U.S. cannabis operators have exceeded $3.8 billion and could balloon to $4.2 billion in 2024 without some intervention. The problem stems, in part, from poor cash-flow management and the heavy tax burden of Section 280E, according to a...
Maryland licenses 174 adult-use marijuana social equity operators
Maryland regulators have awarded 174 adult-use marijuana social equity licenses. A total of 1,515 eligible social equity applicants were entered into a lottery conducted March 14 for one of six license types, according to the Maryland Cannabis Administration (MCA)....Featured
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