California cannabis sales dip below $4 billion amid tax turmoil
Licensed California cannabis retailers reported $3.9 billion in cannabis sales in 2025, a significant drop from the $4.2 billion in 2024, according to state data released Thursday. It’s also the third straight year of decline for the country’s largest...
New York governor taps touted insider as next state cannabis czar
New York Gov. Kathy Hochul on Thursday appointed John Kagia, the state Office of Cannabis Management’s current director of policy, to lead the agency on an interim basis. Kagia will assume oversight of a $1.7 billion market that represents one of the national...
How a virtual medical cannabis clinic is working toward health insurance coverage for THC
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. Emily Fisher is cautiously optimistic that federal marijuana rescheduling will eventually result in...
Major cannabis REIT says it’s recovering from MSO tenant woes
A major cannabis-focused real estate investment trust (REIT) appears to be recovering from problems stemming from troubled tenants in the legal industry, including one major multistate operator. San Diego-based REIT Innovative Industrial Properties is due to recover...
Alabama medical cannabis market inches towards midyear launch
Medical cannabis could finally be available in Alabama this year after a patient registration portal opened earlier this month. That milestone could put the market on track to launch as soon as this spring, five years after the state legalized MMJ. ADVERTISEMENT Five...
What should – and shouldn’t – go in cannabis vaporizers? California wants to find out.
When Laura Fogelman, vice president and chief of staff at California-based vaporizer company Pax Labs, talks about the flavors in cannabis, it’s usually in the context of preventing products from being attractive to children. But beyond a state ban on synthetic...
Tax hike crashed Michigan marijuana sales
An unprecedented cannabis tax hike that took effect in Michigan on Jan. 1 significantly depressed legal sales, recent state data shows. Michigan marijuana retailers reported about $227 million in sales in January, according to state Cannabis Regulatory Agency data....
Virginia medical cannabis sales steady ahead of adult-use launch
With $15.08 million in medical cannabis sales last month, Virginia’s MMJ market held strong in January after a record December, according to recently released state data. That may bode well for retailers once adult-use cannabis sales launch as soon as November of this...
Should cannabis stores be open 24/7?
Kansas City, Missouri, may soon allow marijuana retail stores to operate 24 hours a day. A proposed tweak to city zoning law would allow cannabis retail shops and medical marijuana dispensaries located at least 1,000 feet from residential zones to be open 24/7,...
Researcher: Cannabis cleared for sale can still be tainted by mold connected to ‘scromiting’
Cannabis products compliant with state-mandated testing regulations aren’t screened for contaminants common in food such as harmful compounds created by mold, a Colorado University researcher warned last week. That’s a critical health and safety gap that could help...
Missouri lawmakers advance ban on hemp THC products
Intoxicating hemp-derived THC products would be banned in Missouri under a bill that passed the state House of Representatives last week. House Bill 2641 promises to drastically change the estimated $1 billion market for hemp THC products in Missouri, which are sold...Featured
1
Latest Sponsored
