Congress must end 280E’s punishment of cannabis small businesses
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) Section 280E isn’t just unfair — it’s a small-business car crusher. This decades-old provision of the federal tax code was created in the 1980s to...
Virginia medical marijuana sales greatly exceed expectations
Virginia cannabis regulators reported nearly $30 million in medical marijuana sales since the beginning of seed-to-sale tracking two months ago, well above projections. According to the Virginia Cannabis Control Authority, cannabis patients made 256,432 transactions...
Massachusetts delays marijuana consumption lounges amid leadership shuffle
Massachusetts cannabis regulators yet again delayed long-awaited marijuana consumption lounges on Thursday. The latest pause in a lengthy process is the result of Shannon O’Brien’s return as leader of the Massachusetts Cannabis Control Commission (CCC),...
Ongoing cannabis worker strikes in two states are longest in industry history
Separate, ongoing strikes at cannabis businesses in two states are now the longest work stoppages in the history of the country’s $32 billion legal marijuana industry. As actors in both situations push the Trump administration to step in, overall conditions in...
Track and trace now coming to New York’s $1.5 billion cannabis market in December
Following years of hiccups and false starts, seed-to-sale tracking is coming to New York’s $1.5 billion cannabis market in December, regulators said Monday. Dec. 17 is when all New York operators must be using the system, with all inventory tagged two days prior,...
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...Featured
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