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Image of a hand dropping a ballot in a voting box in front of a Florida state flag

Florida recreational marijuana legalization campaign advances, but there’s a catch

A campaign to legalize recreational marijuana in Florida have collected enough signatures to send the proposed ballot language to the state Supreme Court for review, according to election officials.

News June 5
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Canadian cannabis industry adds CA$9.1 billion to nation’s GDP

The Canadian cannabis industry added 9.1 billion Canadian dollars ($6.7 billion) to the country’s gross domestic product (GDP) during the first quarter of 2025, up from CA$8.3 billion in 2024.

News June 5
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California’s marijuana sales on decline as consumers buy less expensive products

California marijuana consumers aren’t buying less product at state-licensed stores, but they do appear to be buying cheaper ones.

News June 5
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Federal budget proposal would ban hemp-derived THC, THCA flower

U.S. hemp interests are sounding the alarm over a House Republican budget proposal that, if passed by Congress, would ban hemp-derived THC products outright at the federal level, including so-called…

News June 4
Image of Illinois state capitol building

Illinois halts adult-use marijuana retail licensing to boost social equity

State law allows for 500 marijuana stores, but the state will pause licensing non-social equity license holders while social-equity entrepreneurs launch their businesses.

News June 4
Image of Vermont state capitol building

Vermont rejects plan for sales at cannabis-specific special events

Vermont lawmakers rejected a proposal that would have allowed consumers to purchase marijuana at cannabis-specific special events.

News June 4
Image of hemp growing in a commercial greenhouse

Is the golden era of THCA flower coming to an end?

With a wave of more states empowering law enforcement to recognize THCA as marijuana - and to seize it - hemp merchants are concluding the boom is ending.

News June 4
Image of downtown Hartford, Connecticut, skyline

Budr acquires 3 Connecticut marijuana stores from The Botanist

Connecticut marijuana company Budr has taken over three shops in that market from multistate operator The Botanist in a deal financed by Poseidon Investment Management.

News June 3
Image of five seated job applicants awaiting interviews

Cannabis staffing platform Vangst makes third acquisition in 13 months

Cannabis staffing platform Vangst has acquired Se7en Staffing & Employment Solutions, marking its third acquisition in the past 12 months.

News June 3
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