Missouri marijuana sales slip in August, but Montana sets monthly record
Monthly marijuana sales in Missouri shrank slightly to $119 million in August, but sales in Montana reached a high of nearly $28.7 million.
Access to cannabis stores varies widely across US and Canada
Access to recreational cannabis stores across the United States and Canada differs greatly by state and province after taking population into account.
Montana marijuana ownership residency requirement latest to be challenged
Two out-of-state investors are suing to overturn a Montana law that requires owners of marijuana businesses to be residents.
More states reduce 280E tax burden on cannabis industry
The U.S. cannabis industry is benefiting from long-desired tax relief now that an increasing number of states – 20 so far – have approved laws that exempt, or “decouple,” businesses from Section 280E of the federal tax code.
Montana governor signs marijuana licensing moratorium extension into law
Montana’s adult-use marijuana industry will remain closed off to new entrants for at least two more years.
US cannabis industry’s $100 billion economic impact varies by state
Medical and recreational cannabis markets continue to have a growing impact on the broader U.S. economy, but the state-level impact differs based on each market’s size, maturity and type.
US hemp plantings plummet in 2022 as production shifts to northern states
Hemp plantings in the United States were nearly cut in half in 2022, with 28,400 acres dedicated to growing the plant – slightly more than the acreage set aside for Christmas trees.
