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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 26
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Ohio 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 25
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Arkansas 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 25
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Texas 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 25
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House 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 24
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Arkansas 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 24
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Mature 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 24
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Jones 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 23
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Texas 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.

News June 23
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