Cannabis Business

In a recent report by WMUR, it has been revealed that lawmakers in New Hampshire are once again seeking to legalize adult-use cannabis during this legislative session. This renewed effort comes with a strategic focus on meeting the conditions outlined by Republican Governor Chris Sununu to prevent a potential veto. Last year, Governor Sununu articulated […]

Combined adult-use and medical cannabis sales in Arizona reached a staggering $1.43 billion in 2023, according to a report by AZ Mirror. This marks the third consecutive year that legal cannabis sales in the state have surpassed the $1.4 billion mark. Of the total sales, adult-use cannabis accounted for a substantial $1.1 billion, while medical

Ohio legislators are grappling with the repercussions of cannabis legalization, particularly in addressing the fate of hundreds of drug-detection K9 officers across the state. Following the passage of a cannabis legalization initiative by voters last year, these K9 officers face uncertain futures due to their training in detecting cannabis, which conflicts with the newly legal

Oregon State University’s Global Hemp Innovation Center has been awarded a substantial $10 million grant to embark on a collaborative endeavor with 13 Native American tribes aimed at fostering hemp economic development. This initiative, funded by the U.S. Department of Agriculture’s National Institute of Food and Agriculture (NIFA), seeks to establish sustainable supply chains and

In a bid to alleviate financial burdens on medical cannabis patients, Ohio regulators have announced a significant reduction in registration fees, with patients soon to be charged only one cent to register for the state program. This move marks a considerable drop from the previous $50 annual fee. The decision comes as regulators collaborate with

A federal racketeering lawsuit has been filed in Georgia against prominent California cannabis brands STIIIZY and Cookies, along with 12 other co-conspirators. The lawsuit, reported by Green Market Report, seeks at least $150 million in damages and alleges the sale of marijuana products mislabeled as federally-legal delta-8 hemp goods. The class action suit, filed by

New York state’s Cannabis Control Board has officially granted 109 new cannabis business licenses, marking a milestone in the state’s evolving cannabis industry. This decision comes amidst public scrutiny and internal discord over the allocation of permits and the pace of market expansion. The licenses encompass a variety of cannabis-related activities, including cultivation, distribution, processing,

The Florida Senate has taken decisive action, passing a bill on Tuesday aimed at prohibiting products containing delta-8 THC and imposing stricter regulations on the state’s hemp industry, as reported by the Florida Phoenix. Sponsored by state Sen. Colleen Burton (R), the proposal seeks to outlaw delta-8 products and introduce THC caps for consumer hemp

Michigan’s cannabis market reached unprecedented heights in the past year, setting a record with dispensaries retailing over $3 billion worth of cannabis, according to the Metro Times. The state’s adult-use market, which launched in 2019, has experienced continuous annual growth, with last year’s sales marking a significant milestone. Notably, adult-use transactions accounted for approximately $2.74

The Brooklyn Nets and New York Liberty have entered into partnerships with Mynd Drinks, a hemp-based CBD sparkling beverage company. These agreements mark the first-ever collaborations between National Basketball Association (NBA) and Women’s National Basketball Association (WNBA) teams and the cannabis industry, solidifying a significant step towards cannabis normalization in professional sports. Mynd Drinks, known