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Latest In: Hemp Industry News

2025 MJBiz Factbook cannabis economic impact
Image of three glass jars containing cannabis sitting atop a stack of $100 bills

Marijuana industry will add $123.6 billion to US economy this year

The total U.S. economic impact of regulated marijuana sales could top $123.6 billion in 2025, about 9% more…

News April 28
Image of the Lowry Avenue Bridge, lighted blue at dusk, with Minneapolis skyline in the background

How will Minnesota’s adult-use cannabis market shake out?

The adult-use cannabis market in Minnesota could end up mirroring the state’s celebrated craft beer scene.

News April 23
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Tennessee lawmakers redefine hemp, cannabinoids to ban THCA, delta-8 THC

Tennessee lawmakers approved sweeping changes to state law governing hemp and THC that effectively outlaw most hemp-derived products…

News April 21
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Rescheduling or descheduling marijuana: How would industry be impacted?

The possible reclassification of marijuana under the federal Controlled Substances Act is sparking debate about dismantling barriers to…

News April 21
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Cannabis veteran Joe Hodas is leaving infused products maker Wana Brands

Cannabis industry veteran Joe Hodas is wrapping up his last week as president of Colorado-headquartered infused products company…

News April 16
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California touts seizure of $316M in unlicensed cannabis in first quarter

California authorities have seized more than $316 million in unlicensed cannabis and $474,000 in cash in the first…

News April 14
delta-10 THC delta-8 delta-8 thc ban delta-9-THC florida Florida Gov. Ron DeSantis Gov. Ron DeSantis hemp-derived thc hemp-derived THC beverages hemp-derived THC product ban SB 438 senate bill 438
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Florida Senate approves bill banning hemp-derived THC products

The Florida Senate has unanimously approved a bill that would ban delta-8 and delta-10 products while placing several…

News April 10
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Image of U.S. Rep. Pete Sessions, R-Texas, displaying a hemp poster containing two phrases: "What we thought we were getting" and "What we got"

House Republicans repeat hemp-derived THC grievances during FDA hearing

Republican lawmakers repeated familiar concerns about hemp-derived THC products Wednesday during a congressional hearing focused on the U.S.…

News April 9
Anheuser Busch Binny’s Beverage Depot Boris Jordan Brez california Collective Project directly-to-consumer doordash Edible Arrangements Gov. Gavin Newsom hemp-derived thc hemp-derived THC beverages minnesota Minnesota hemp Organigram Global Sam Garfinkel texas Texas hemp Thomas Winstanley Tilray Brands total wine & more wana brands
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Big players enter hemp-derived THC drink market amid growing restrictions, bans

Another week, another move from an established company into the federally legal, hemp-derived THC market.

News April 7
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New York’s cannabis chief believes $1.5 billion in sales is possible in 2025

Felicia Reid, the acting executive director of New York's Office of Cannabis Management, offers her views on the…

News April 3
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