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Latest In: Recreational

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Maine hikes adult-use marijuana tax 40%; consumption lounge bill stalls

Maine’s adult-use marijuana tax will increase from 10% to 14% starting Jan. 1 under the $11.3 billion state…

News June 27
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Principals of cannabis ad platform Weedmaps back out of stock purchase

WM Technology co-founders Douglas Francis and Justin Hartfield are backing out of a deal to purchase the company's…

News June 26
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Marijuana banking will follow major budget bill, Congress promises

Instead of marijuana rescheduling, the likeliest federal policy reform in 2025 will be marijuana banking protections. But Congress…

News June 26
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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…

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…

News June 25
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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…

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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Controversial Ohio adult-use cannabis changes stall amid political dissension

A contentious bill proposing sweeping changes to the adult-use cannabis landscape in Ohio has stalled in the Legislature.

News June 20
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Minnesota issues first recreational marijuana license to a cultivator

Minnesota has issued the state’s first adult-use marijuana license to a microbusiness, Herb Quest, which will start by…

News June 20
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Cannabis companies still standing after reset are ‘well positioned to thrive’

The correction the cannabis industry has experienced over the past five years has reset expectations and valuations to…

News June 20
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