DOJ Declines To File Supreme Court Brief In Marijuana Companies’ Case Challenging Federal Prohibition

Dec 17, 2025 | National

The Justice Department is declining the opportunity to file a brief on whether the U.S. Supreme Court should take up a case from marijuana businesses that are challenging the constitutionality of federal prohibition. In a filing submitted to the court on...

November Michigan Cannabis Sales Nearly $260 Million – Ounce Price Hits Record Low

Dec 16, 2025 | Feature, Great Lakes Region, National

November adul-use cannabis sales in Michigan totaled $259.3 million, down about 6 percent from November 2024. But even more notable is the average price for an ounce of flower fell to $59.79, an all time low.A year ago November, the average ounce sold for about $91,...

What Reclassifying Marijuana To Schedule III Would Mean For Cannabis Companies — And Why Trump May Do It

Dec 16, 2025 | Feature, National

President Trump is likely to loosen long-standing federal restrictions on marijuana early next year by reclassifying the drug under federal law, according to Axios. If that happens, the move would carry major consequences for cannabis companies, investors,...

Cannabis Stocks Surge On Report Trump Seeks To Ease Restrictions

Dec 15, 2025 | Feature, FOUR20 Post, National

Shares of cannabis companies jumped on Friday after the Washington Post reported U.S. President Donald Trump is expected to push the government to dramatically loosen federal restrictions on marijuana. U.S.-listed shares of Tilray Brands gained 35%, while SNDL ,...

Trump Pardons Major Drug Traffickers Despite His Anti-Drug Rhetoric

Dec 10, 2025 | National

On President Donald Trump’s first full day in office this year, he pardoned Silk Road founder Ross Ulbricht, who was convicted of creating the largest online black market for illegal drugs and other illicit goods of its time. In the months since, he has granted...

Intoxicating Hemp Ban Deepens Uncertainty At Some Publicly Traded Cannabis Companies

Dec 10, 2025 | National

The intoxicating-hemp crackdown has added another layer of uncertainty for some publicly traded cannabis companies – most of which are still struggling to find a sustainable economic footing. Curaleaf Holdings appears especially vulnerable as the federal ban on...