Cannabis Business

Massachusetts Launches Cannabis Career Hub for Equity Program Participants

Massachusetts Launches Cannabis Career Hub for Equity Program Participants

Massachusetts has unveiled the EquityWorks Career Hub, an online platform designed to support job seekers, provide workforce training, and foster networking within the state’s regulated industry. Initially available only to individuals enrolled in the Cannabis Control Commission’s (CCC) equity program, the platform will open to the general public starting June 19. “The EquityWorks platform is […]

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U.S. Retail Sales Hit $30.1 Billion in 2024 as Industry Shifts Toward Efficiency

U.S. Retail Sales Hit $30.1 Billion in 2024 as Industry Shifts Toward Efficiency

Retail sales of regulated products in the U.S. reached $30.1 billion in 2024 — a 4.5% increase over the previous year — according to the third annual Vangst Jobs Report, produced in partnership with Whitney Economics. Despite this sales growth, overall employment within the industry dipped by 3.4%, reflecting a loss of more than 15,000

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Ohio Senate Approves Bill to Restrict Intoxicating Hemp Sales to Licensed Dispensaries

Ohio Senate Approves Bill to Restrict Intoxicating Hemp Sales to Licensed Dispensaries

The Ohio Senate unanimously passed a bill that would significantly restrict where intoxicating hemp products can be sold, requiring that such products be available only through state-licensed adult-use cannabis dispensaries. Currently, these hemp-derived products — which often contain compounds like Delta-8 THC — are sold at CBD shops, convenience stores, smoke shops, and gas stations

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Minnesota to Hold First Adult-Use Cannabis License Lotteries on June 5

Minnesota to Hold First Adult-Use Cannabis License Lotteries on June 5

The Minnesota Office of Cannabis Management (OCM) announced that the state will hold its first adult-use cannabis licensing lotteries on June 5, marking a major step forward in launching the legal market. The upcoming lotteries will include both social equity and general applicants for three core license types: cultivators, manufacturers, and mezzobusinesses. A separate licensing

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Pennsylvania House Gives Initial OK to Cannabis Legalization Bill with State-Run Dispensaries

Pennsylvania House Gives Initial OK to Cannabis Legalization Bill with State-Run Dispensaries

The Pennsylvania House of Representatives took a historic step this week by giving initial approval to an adult-use cannabis legalization bill that proposes a state-run retail model. The bill advanced quickly through the House Health Committee and passed a floor vote a narrow 102-101 decision along party lines. All Democratic lawmakers voted in favor, while

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Nevada’s First Licensed Cannabis Lounge Closes After Just Over a Year

Nevada’s First Licensed Cannabis Lounge Closes After Just Over a Year

Nevada’s first state-licensed cannabis consumption lounge, Smoke and Mirrors, has closed its doors just 14 months after opening, according to a report by KLAS. Operated by Thrive, the Las Vegas-based lounge had been seen as a potential model for cannabis hospitality in the state, but its closure underscores the growing challenges facing the emerging lounge

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Minnesota Unveils $2 Million Grant Program to Support Local Growers and Industry Equity

Minnesota Unveils $2 Million Grant Program to Support Local Growers and Industry Equity

The Minnesota Office of Cannabis Management (OCM) announced the launch of a $2 million grant program designed to help farmers and organizations provide training, education, and financing to those navigating the state’s expanding industry. The CanGrow farmer loan and training grants aim to equip farmers with the resources and tools needed to enter or grow

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Lazy Bear Partners with Sonoma Hills Farm to Launch Signature Cannabis Strain

Lazy Bear Partners with Sonoma Hills Farm to Launch Signature Cannabis Strain

In a groundbreaking collaboration that blends fine dining with cannabis culture, San Francisco’s Michelin two-star restaurant Lazy Bear has partnered with Sonoma Hills Farm to release Lazy Bear Reserve, a bespoke cannabis strain, San Francisco Standard reports. The partnership is believed to be the first of its kind between a cannabis grower and a fine-dining

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Ohio Sees $3M Sales Surge Ahead of First 420 Celebration Under Adult-Use Market

Ohio Sees $3M Sales Surge Ahead of First 420 Celebration Under Adult-Use Market

In the days leading up to April 20 — widely recognized as 4/20 — cannabis sales in Ohio spiked by $3 million, according to the Ohio Division of Cannabis Control (DCC). Dispensaries throughout the state brought in more than $20 million in total sales from April 13–19, MITechNews reports. This marks Ohio’s first 4/20 celebration

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Michigan Proposes Vape Recycling Program to Support Industry Sustainability

Michigan Proposes Vape Recycling Program to Support Industry Sustainability

Michigan’s Cannabis Regulatory Agency (CRA) is considering new rules that would allow licensed businesses to collect and recycle used vape products—an effort aimed at improving environmental sustainability within the state’s fast-growing industry. CRA Executive Director Brian Hanna told Metro Times that the proposed initiative stems directly from concerns raised by businesses over the past two

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