Colorado cannabis prices drop to historic low despite supply correction
Colorado cannabis cultivators keep going out of business, but flower prices keep falling. The average market rate (AMR) for wholesale marijuana flower fell to $649 per pound, tying an all-time record low, according to the Colorado Department of Revenue. ADVERTISEMENT...
Why Cheech & Chong Cannabis retailers enjoy a new data advantage
Working with Cheech & Chong has never been smarter. Legal cannabis retailers carrying the famous duo’s eponymous products now enjoy free access to data analytics provider Headset and its real-time insights to better manage inventory, boost profits and stay...
Wisconsin Republicans want to ban hemp-derived THC products
Republican lawmakers in Wisconsin, one of the few remaining states with no legal cannabis access, want to ban hemp-derived THC in the state. Five GOP state legislators last week proposed to close a so-called “THC loophole” and criminalize popular intoxicating...
Kentucky hemp farmers urge McConnell to protect CBD market, warn of ‘catastrophic consequences’
Dozens of Kentucky hemp farmers are urging Republican U.S. Sen. Mitch McConnell not to “criminalize” the sale of products containing hemp-derived cannabinoids. A letter from 58 hemp farmers in the state sent to McConnell on Monday requests an in-person meeting and...
U.S. cannabis business licensing slows in second quarter
The number of active cannabis business licenses in the United States fell 2% in the second quarter of 2025, according to data released by CRB Monitor, an intelligence firm that tracks and monitors licenses in the $32 billion regulated industry. The decline to 37,889...
Newsom signs California cannabis excise tax cut into law
California cannabis retailers are breathing a measured sigh of relief after Gov. Gavin Newsom signed a major tax cut into law on Monday. Under Assembly Bill 564, authored by San Francisco Assemblymember Matt Haney, California’s cannabis excise tax will revert back to...
Colorado fines, bans maker of cannabis sleep aid connected to liver damage
Three Colorado cannabis companies will pay six-figure fines and exit the state industry to settle a dispute over products, marketed as sleep aids, that allegedly caused liver injuries, Attorney General Phil Weiser said Friday. According to Weiser, the companies...
County restrictions on Delaware cannabis licenses lifted
Delaware cannabis businesses can now apply to transfer permits between the state’s three counties. The policy change aims to kick-start sales in the new market, which opened last month, and give businesses the flexibility to relocate from heavily regulated areas to...
President Trump’s India tariffs threaten cannabis industry’s fastest-growing segment
The Trump administration’s recently imposed 50% tariff on imports from India is threatening the cannabis industry’s fastest-growing sector. India is the world’s largest supplier of pre-rolled cones, a key part of a product category that recorded $2.3...
Trump Justice Department opposes challenge to DC hemp laws
The Trump Justice Department this week asked a federal judge to dismiss a challenge to Congress’ power over Washington DC, drug laws brought by the district’s oldest hemp shop. In a federal lawsuit originally filed in June, Capitol Hemp asked a judge to overturn a...
Cannabis consumption lounges coming to California capital
The Sacramento City Council on Wednesday legalized adult-use cannabis cafes in California’s capital. Cannabis retailers in the city will be able to apply for a special permit allowing social consumption beginning next year, according to NBC affiliate KCRA 3....Featured
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