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Principals of cannabis ad platform Weedmaps back out of stock purchase
WM Technology co-founders Douglas Francis and Justin Hartfield are backing out of a deal to purchase the company's…
News June 26Marijuana banking will follow major budget bill, Congress promises
Instead of marijuana rescheduling, the likeliest federal policy reform in 2025 will be marijuana banking protections. But Congress…
News June 26California lawmakers fail to include cannabis tax relief in budget bill
Faint hopes for California cannabis industry excise tax relief evaporated Wednesday when lawmakers failed to squeeze a freeze…
News June 26Ohio lawmakers unlikely to change recreational marijuana law before break
It appears unlikely that Ohio lawmakers will make changes to the state’s recreational marijuana law before their summer…
News June 25Arkansas can enforce hemp-derived THC ban, appeals court rules
Most hemp-derived THC products in Arkansas are illegal and state officials may enforce a 2023 ban, according to…
News June 25Texas delivers potential major milestone for hemp and medical marijuana
Texas' changes in hemp and medical marijuana policy lay the foundation for significant advances for both industries -…
News June 25House Republicans’ hemp-derived THC ban approved in committee
A Republican budget proposal in the U.S. House of Representatives that would ban hemp-derived THC under federal law…
News June 24Arkansas nears annual medical marijuana sales mark with $121M-plus through May
With Arkansas’ medical marijuana sales exceeding $121 million through May, the state is on track to break its…
News June 24Mature cannabis markets see job losses while emerging states boom
Despite a 4.5% increase in revenue that reached $30.1 billion in 2024, the regulated marijuana industry experienced a…
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