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Illinois adult-use marijuana sales flat in May at $130 million
Adult-use marijuana sales in Illinois are flat and on pace to reach roughly $1.5 billion this year, only about a 10% increase from 2021, according to the most recent state…
News June 9
Vermont licenses 2 cannabis testing labs ahead of adult-use sales launch
Vermont regulators licensed two laboratories to test adult-use cannabis in the state's burgeoning program.
News June 9
Montana marijuana industry notches victories in local elections
Montana marijuana businesses can breathe a bit easier after local elections Tuesday, when voters rejected a proposed ban on adult-use businesses in the state's most populous county.
News June 9
Climate change will affect where and how cannabis is grown
Cannabis growers are confronting the same issue that threatens to upend the wine industry and other agricultural-based businesses - shifting weather patterns and climate change. Those shifts are forcing cannabis…
News June 9
US Treasury plans to collect marijuana business info from banks
A wing of the U.S. Treasury Department is planning to gather data from banks on marijuana businesses as part of its money-laundering risk oversight.
News June 9
L.A. adopts emblem program in bid to crack down on illicit cannabis operators
Cannabis retailers in Los Angeles will soon be able to display an official emblem that signals to customers they are operating a state-licensed business.
News June 8
Scotts Miracle-Gro again warns of sluggish marijuana grow-supply sales
Scotts Miracle-Gro said it expects sales of its Hawthorne unit, which includes marijuana cultivation supplies, to decline 40%-45% for the fiscal year ending Sept. 30, a pessimistic turn from comments…
News June 8
Cannabis retailers increasingly discounting their products
U.S. and Canadian marijuana retailers are discounting their products more and more, forgoing billions of dollars in revenue since the launch of adult-use markets in recent years.
News June 8
Marijuana tech firm Dutchie lays off 67 employees, citing ‘dramatic market shift’
Oregon-based marijuana tech company Dutchie laid off 67 employees this week, about 8% of its 700 workers.
News June 7
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