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Marijuana rescheduling: DEA recognizes first federally legal medical cannabis dispensaries

In separate guidance, the DEA instructed registered medical operators and pending applicants to "establish compliant supply chains" by November 29.

News October 30
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Michigan lawmakers propose pause on 24% cannabis wholesale tax

Michigan's 24% wholesale cannabis tax is trailing revenue projections. A new bill would suspend it for one year.

News October 30
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Alabama medical cannabis market continues slow rollout with more openings

The state will have as many as five dispensaries open by early November, state officials said Thursday, as possibly the most tortuous rollout of an MMJ program continues to slowly…

News October 30
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How cannabis employers are taking worker healthcare benefits into their own hands

Cannabis employers may wish to consider healthcare captives when choosing employee benefits.

News October 30
Aerial Image of two shoes, each bearing a cannabis leaf, with the left foot pointing toward the word "Employers" and the right foot toward the word "Unions"

New York governor signs cannabis labor bill, moves to scrap wage board

Gov. Kathy Hochul said a cannabis wage board could raise costs and drive consumers to the illicit market. Changes also end the labor peace mandate.

News October 29
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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
Vireo Growth CEO John Mazarakis (Courtesy photo)

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
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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
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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
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