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
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
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
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…
News June 25
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…
News June 24
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
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
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…
News June 23
Ayr dismisses talk of Connecticut exit amid its other marijuana consolidations
Ayr Wellness's struggles with debt and losses are known, but Connecticut is also proving a tough market for…
News June 23
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