New York: Dispensaries Have Sold More Than $4B In Rec Marijuana Since Market Launch
New York’s recreational marijuana dispensaries have now sold more than $4 billion worth of legal cannabis products, state officials have announced. The Office of Cannabis Management (OCM) revealed the sales totals at a Cannabis Control Board (CCB) meeting on Thursday....
Michigan: Governor Signs Law Requiring Schools to Send Parents Warnings About Marijuana, High-Potency THC + Vaping
Michigan Governor Gretchen Whitmer (D) has signed legislation requiring schools across the state to distribute educational notices to parents about the health risks of marijuana, high-potency THC products, vaping and other products. Senate Bill 433, sponsored by...
Michigan: Marijuana Farm Loses Court Fight Over Clearing Protected Wetlands
A judge has ruled that a marijuana grower illegally cleared nearly 16 acres of protected wetlands while building a large cannabis farm in northern Michigan. Ingham County Circuit Judge Morgan Cole sided with state environmental regulators last month in a years-long...
Minnesota: Do Government-Run Cannabis Retail Sales Work?
When Minnesota legalized adult-use cannabis, cities saw an opportunity in the state’s unique law to create a new revenue stream: a marijuana business that could be run much like the municipal liquor stores that have been in business since 1937. In Anoka, a Twin Cities...
Illinois: Marijuana Retailers Sold To Minors In Only 6 of 1,452 State Compliance Checks
The Illinois State Police (ISP) said the attempted purchases were conducted as part of “under 21 covert details.” The agency did not identify the six businesses that completed sales or provide details about any resulting disciplinary action. The number of compliance...
A $28B Hemp THC Industry Is Fighting To Save Itself From A Looming Federal Ban
In a commercial kitchen outside Raleigh, North Carolina, Nicholas Hohns spreads a blue-green goo into a gridded mold, making one of his company’s signature products: potent THC gummies, featuring the primary intoxicating compound found in marijuana. It’s a business he...
Ohio: Klutch Opens New Wallhaven Cannabis Dispensary With ‘High Hopes’
A new marijuana dispensary is opening in Pete Nischt's neighborhood, one that he helped bring to Akron. Klutch Cannabis opens its doors at 9 a.m. Oct. 7 with a ribbon-cutting at 1960 West Market St. After that, Nischt said, it's open for business. Nischt, Klutch's...
Tilray Posts Q1 Revenue Miss As Cannabis Sales Drop
Tilray Brands slipped in premarket trading after a Canadian Licensed Producer reported lower-than-expected revenue with its fiscal Q1 results on Thursday, driven by a sharp contraction in its cannabis segment. The Ontario-based firm reported $257.2M in revenue for the...
Marijuana Legalization Linked To Decline In Canadian Beer Sales
Canadian research suggests marijuana legalization is reducing beer sales, as some consumers substitute cannabis for alcohol, a trend that has helped cannabis tax revenue surpass beer and wine revenues in Canada. More From USA Today.
Minnesota: Medical Marijuana Helps People With Autism Reduce Anxiety, Depression
Medical marijuana helps people with autism ease their anxiety and depression, according a new study conducted by state officials in Minnesota. The research, which involved 1,800 patients enrolled in the state’s medical marijuana program, is “one of the largest on...
