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Image of employee filling vape cartridges at Heylo Cannabis in Seattle

Cannabis industry is heading in the right direction, business operators say

U.S. plant-touching cannabis businesses - such as cultivators, manufacturers and retailers - say the industry is heading in a better direction, even without the impending rescheduling of marijuana.

News May 21
Aerial image of downtown Lincoln, Nebraska, at twilight

Nebraska medical marijuana referendum takes key step

Nebraskans for Medical Marijuana says it has obtained the minimum number of signatures needed on two petitions aimed at putting MMJ legalization on the state ballot in November.

News May 20
Image of two businesspeople shaking hands

Merger of Nature’s Miracle, cannabis tech firm Agrify collapses

"(U)nfavorable market conditions" led to the cancellation of a merger between cannabis technology provider Agrify Corp. and controlled-environment ag-tech firm Nature’s Miracle.

News May 20
Image of Myrtle Driver of the Eastern Band of Cherokee Indians making the first purchase at the Great Smoky Cannabis Co.

Tribally owned marijuana store numbers up 25% since 2023

As of May 2024, there are 57 tribally owned marijuana stores in nine states, roughly 25% more than in January 2023.

News May 20
Image of cannabis plants hanging on a drying rack

Michigan is selling more cannabis, but retailers are taking in less money

Michigan marijuana retailers sold about 9.3% more cannabis in April than in March, but they brought in about 3.5% less money.

News May 17
Image of a judge's gavel sitting on a sound block and surrounded by cannabis nuggets

New York hit with another lawsuit challenging marijuana social equity

A new lawsuit is challenging New York's Conditional Adult-Use Retail Dispensary program for marijuana social equity applicants.

News May 17
Image of Manchester, New Hampshire, skyline on the Merrimack River

New Hampshire Senate approves amended recreational cannabis bill

A hotly debated bill that would legalize adult-use cannabis in New Hampshire was passed by the state Senate.

News May 17
Image of the marijuana testing process

Why rescheduling could be boon to marijuana research

If marijuana is rescheduled from a Schedule 1 to a Schedule 3 substance, it won't change the laws regulating cannabis research. But the demand for research of the plant and…

News May 17
Image of a stock exchange board with a cannabis leaf in the middle

Cannabis stocks will rebound on path to rescheduling, analysts say

Embattled cannabis stock prices get a boost when there's a major announcement pertaining to federal marijuana reform.

News May 16
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