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California lawmakers fail to include cannabis tax relief in budget bill
Faint hopes for California cannabis industry excise tax relief evaporated Wednesday when lawmakers failed to squeeze a freeze on the levy into a state budget bill.
News June 26Ohio lawmakers unlikely to change recreational marijuana law before break
It appears unlikely that Ohio lawmakers will make changes to the state’s recreational marijuana law before their summer break.
News June 25Arkansas can enforce hemp-derived THC ban, appeals court rules
Most hemp-derived THC products in Arkansas are illegal and state officials may enforce a 2023 ban, according to a ruling from the U.S. 8th Circuit Court of Appeals.
News June 25Texas delivers potential major milestone for hemp and medical marijuana
Texas' changes in hemp and medical marijuana policy lay the foundation for significant advances for both industries - in business and politics.
News June 25House Republicans’ hemp-derived THC ban approved in committee
A Republican budget proposal in the U.S. House of Representatives that would ban hemp-derived THC under federal law passed a committee vote but is still far from becoming law.
News June 24Arkansas nears annual medical marijuana sales mark with $121M-plus through May
With Arkansas’ medical marijuana sales exceeding $121 million through May, the state is on track to break its annual record set in 2023.
News June 24Mature cannabis markets see job losses while emerging states boom
Despite a 4.5% increase in revenue that reached $30.1 billion in 2024, the regulated marijuana industry experienced a 3.4% decline in employment, shedding 15,000 jobs to settle at 425,000 workers.
News June 24Jones Soda sells marijuana beverage business for $3 million
Jones Soda Co. sold its marijuana beverage business to MJ Reg Disrupters for $3 million.
News June 23Texas gov saves $5 billion hemp-derived THC industry, expands medical marijuana
The hemp-derived THC industry in Texas is breathing a $5.5 billion sigh of relief after Gov. Greg Abbott vetoed a bill that would have outlawed hemp-derived THC’s biggest individual market.
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