Illicit market fears arise as Virginia adult-use marijuana launch date debated
Virginia lawmakers took another small step toward the highly anticipated launch of adult-use sales in the state, but the exact start date is still unclear. The state House of Delegates Appropriations Committee on Wednesday approved a bill that could see sales begin...
Missouri cannabis sales hit record $1.5 billion in 2025
Missouri’s cannabis industry continued its strong performance with another record sales year. State cannabis retailers reported a record $1.5 billion in sales in 2025, a 4% increase over 2024, according to state data. ADVERTISEMENT As in other markets, the vast...
How Jamie Pearson transformed from cannabis skeptic to international CEO
Growing up during the Just Say No 1980s, Jamie Pearson viewed her marijuana-growing father as a “loser” who risked everything for the plant. But over time, she came to recognize her father as a pioneer. ADVERTISEMENT He valued cannabis’ medical benefits after...
Oregon mulls cannabis edibles THC potency cap as concerns spread
Amid a brewing nationwide debate on cannabis safety, Oregon lawmakers are considering capping the THC content in individual cannabis edibles to 10 milligrams. The proposal in Senate Bill 1548, introduced this week, would bring Oregon in line with other states. It...
2026 adult-use marijuana legalization prospects dim as Hawaii, Pennsylvania efforts fade
Chances that another state will legalize adult-use cannabis in 2026 and give the $32 billion industry a quick and simple avenue for growth are dwindling further. Lawmakers in Hawaii, where marijuana legalization could unleash a $1 billion market, have admitted that...
New Mexico cannabis operators lose federal lawsuit over Border Protection seizures
Eight licensed New Mexico marijuana companies who sued U.S. Customs and Border Protection after agents seized more than $1 million worth of legal cannabis had their lawsuit dismissed by a federal judge on Monday. Because cannabis remains an illegal Schedule 1...
Nevada cannabis sales drop 8.6% but education fund gets $96M boost
Annual Nevada cannabis sales dropped to $758 million from July 2024 to June 2025, down from $829 million over the prior fiscal year, according to state Cannabis Compliance Board data released last week. But as in other states with declining sales revenue, Nevada...
Florida spent $4 million in opiate settlement to defeat marijuana legalization
Florida Gov. Ron DeSantis’ administration spent $4 million in cash from a national opiate crisis settlement to defeat a 2024 adult-use marijuana legalization initiative. DeSantis officials never told the statewide advisory board – set up to determine how to...
Cannabis MSO Curaleaf extends debt with record $500 million placement
Facing $457 million of debt scheduled to mature in December, multistate cannabis operator Curaleaf Holdings Inc. on Monday announced it had raised $500 million in new debt via a private placement. With an interest rate of 11.5%, the “oversubscribed…...
Canada’s massive medical cannabis mistake – and how the US can avoid it
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) President Donald Trump’s Dec. 18 executive order, aimed at modernizing U.S. policy on medical marijuana and CBD, expanded research...
Ohio attorney general sues marijuana MSOs, alleging price fixing ‘cannabis cartels’
Ohio Attorney General Dave Yost on Thursday sued nine major marijuana multistate operators for allegedly conspiring in “anti-competitive conduct to reduce product choice and keep prices artificially high” that harmed small businesses in violation of state antitrust...Featured
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