New 24% wholesale tax continues to punish Michigan cannabis
Monthly cannabis sales in Michigan fell to their lowest level in more than two years in February as a new 24% wholesale tax continues to punish the struggling industry. After a slow start to 2026, preliminary data from cannabis analytics firm Headset projects that...
Colorado cannabis retail chain purchase signals M&A shift
The recent acquisition of a prominent Colorado cannabis retail chain is the latest sign that the national industry is entering a new phase of consolidation, observers told MJBizDaily. Verdant Capital Partners, a recently formed cannabis-focused equity firm, on March 3...
Colorado considers cannabis tax hike amid declining sales
Already among the highest in the country, Colorado cannabis taxes could increase even further despite sluggish legal marijuana sales. State cannabis sales and excise taxes would rise by less than a percentage point in the country’s oldest legal marijuana market if HB...
Cannabis vapes now outselling flower in California – thanks to Gen Z
For nearly a year, cannabis vapes have been outselling flower in California, the country’s largest legal marijuana market. The dramatic shift is due to Gen Z, the first generation to prefer vaporizing over other cannabis products, SFGate reported. ADVERTISEMENT...
The hardest job in cannabis – and the most lucrative – is in cultivation
When Kevin Sparks started a new job as assistant head grower at Massachusetts-based multistate operator Insa Cannabis in 2019, he thought his key responsibilities would be plant health and advanced cultivation techniques. He soon learned top cannabis cultivation jobs...
New York cannabis sales off to a record start in 2026
After a banner year in 2025, New York cannabis sales are off to a record start in 2026, state regulators said Thursday. Empire State marijuana retailers recorded almost $250 million in sales “through the first three weeks of February alone,” putting the state on pace...
Oregon cannabis industry defeats edibles THC cap
The Oregon cannabis industry this week beat back a push to impose new THC potency limits and packaging requirements on marijuana edibles. Senate Bill 1548, introduced by state Sen. Lisa Reynolds, a Portland Democrat and physician, passed the state Senate but died in...
Cash, not federal marijuana rescheduling, is driving cannabis lending
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Federal marijuana rescheduling has dominated industry conversations for months. It comes up in board meetings, refinancing discussions and nearly...
CBD bonanza or hemp THC ban? This major hemp company is preparing for both.
This is part of a regular series of MJBizDaily interviews with major THC industry players. To be considered for an interview, contact editorial@mjbizdaily.com. A tobacco industry veteran might seem an odd fit for a leading CBD company – especially the outfit front and...
No hemp THC ban relief in House Farm Bill, but farmers beware
The $28 billion U.S. hemp industry will have to look somewhere other than a new Farm Bill for relief from the hemp THC ban set to take effect in November. After two days of contentious back-and-forth amendments, the House Agriculture Committee on Thursday morning...
Alabama medical marijuana sales to launch this spring
After years of lawsuits and bureaucratic delays, medical cannabis sales in Alabama are set to begin within the next two months, according to the state’s top marijuana regulator. Arkansas medical marijuana dispensaries could be open for business – with...Featured
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