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Marijuana multistate operators continue to flee regulated state markets

Publicly traded marijuana multistate operators exited regulated cannabis markets through late 2023, continuing a pattern fueled by increased capital costs, high taxes and the slow pace of federal reform.

News April 9
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Decibel Cannabis’ former CEO Sze takes helm again

Canadian marijuana grower and manufacturer Decibel Cannabis Co. has appointed Benjamin Sze as CEO once again.

News April 8
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California issues tips to improve local marijuana business licensing

A California auditor has released several recommendations for better marijuana business licensing processes and policies by local municipalities.

News April 8
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Most smokable hemp has more THC than is legal, study says

An analysis of smokable hemp products found that 93% of tested samples contain more than 0.3% THC, which is the federal legal limit as outlined in the 2018 U.S. Farm…

News April 8
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Canada’s canceled licenses, ‘uncollectible’ cannabis taxes soar

The number of canceled cannabis business licenses has soared alongside the amount of “uncollectable” excise tax in Canada.

News April 8
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Florida’s recreational marijuana ballot measure will fail, governor says

Florida Gov. Ron DeSantis blasted the recreational marijuana initiative that will appear on the state's November ballot, calling it “radical” and predicting its failure on Election Day.

News April 5
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New Mexico reports record cannabis sales of $52 million in March

New Mexico set a monthly record for recreational and medical cannabis sales with more than $52 million in March.

News April 5
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District of Columbia extends 4/20 medical marijuana tax holiday

Washington, D.C., lawmakers have voted to extend the length of a tax holiday on medical marijuana purchases surrounding 4/20.

News April 5
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Iowa to restrict hemp-derived cannabis products

Iowa will restrict hemp-derived cannabis products and expand its medical marijuana program under a bill headed to the governor's desk.

News April 5
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