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Marijuana legalization in Texas? Believe it: What the midterm election blue wave means for cannabis.
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State hemp THC bans are already boosting marijuana MSO revenue
Ohio cannabis sales are up 25% since a state ban on hemp THC products sold outside of licensed marijuana retailers took effect, and marijuana MSOs are benefiting.
News October 29
Cannabis MSO Vireo bets on acquisitions to reach $100 million per market
CEO John Mazarakis explains how acquisitions, organic growth and market density will push its core markets past $100 million in revenue.
News October 29
New York cannabis sales top $1.4 billion through Q3
The third-quarter figure accounts for about 34% of the $4.1 billion in cumulative sales since the market launched in December 2022.
News October 28
Federal hemp THC rescue possible after midterm elections – but with new rules
A rescue plan for hemp cannabinoid products is likely to emerge after the midterm elections, according to Capitol Hill players, but not every product currently on the market will make…
News October 28
Ahead of Farm Bill loophole closure, signs a hemp THC crackdown is already underway
Law enforcement officials have raided and charged dozens of hemp operators across the country, more than six weeks before a new federal ban takes effect.
News October 28
Why dealmakers call MJBizCon ‘THE conference’
Roz McCarthy spent the last day of MJBizCon 2021 walking the show floor armed with business cards, a T-shirt she’d had made the previous night and a vision for the…
News October 27
Rhode Island hemp firms can quarantine inventory ahead of federal THC ban
Rhode Island hemp businesses can quarantine intoxicating inventory rather than destroy it, keeping options open if federal rules change.
News October 27
Nevada latest mature cannabis market to consider tax increase
Diminishing cannabis tax revenue in Nevada is leading lawmakers to ponder tweaks in the cannabis tax, including an increase to the excise tax charged at the point of sale.
News October 27
California social equity cannabis licenses top nonequity active rates
A review of 1,653 California retail licenses finds 81% of social equity holders are active versus 76% for nonequity licenses.
News October 26
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