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How a beer scion entered the cannabis industry for the long haul
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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 5California’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 5Federal 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 4Illinois 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 4Vermont 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 4Is 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 4Budr 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 3Cannabis 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 3Texas poised to expand medical marijuana as hemp-THC ban looms
Major changes to laws affecting cannabis are afoot in Texas, where lawmakers on Sunday sent a significant expansion of the state’s limited medical marijuana program to the governor.
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