Flawed Data In USDA Hemp Reports Warping Policy, Investment, And Market Signals
Garbage in, garbage out. It’s a phrase every business person knows, and for good reason: even the most sophisticated decisions are only as good as the data behind them. If the data’s no good, everything else wobbles. I recently took a deep dive into the USDA’s...
California: Governor Signs Legislation Halting Tax Hike On Commercially Available Cannabis Products
Democratic Gov. Gavin Newsom has signed legislation (Assembly Bill 564) into law halting a recently-enacted excise tax hike on commercially available cannabis products. The law takes effect on October 1st. The new law rolls back a 25 percent tax hike...
Alaska Psychedelics Campaign Launches Signature Drive To Put Legalization Measure On 2026 Ballot
Alaska activists have officially launched a signature drive to place an initiative on the 2026 ballot to legalize certain psychedelics such as psilocybin and DMT. About a month after the lieutenant governor’s office certified the measure for circulation, a...
Minnesota Marijuana Prices Compared To Michigan
Last week was historic in Minnesota. For the first time ever, stores sold legal recreational marijuana to customers. Duluth's Legacy Cannabis was the first to open its doors to customers lining up along Superior Street. Next, Rise Cannabis in the Twin Cities...
Physicians Warn Against Smoking Pot During Pregnancy
Pregnant women should stay away from cannabis, and doctors should ask all patients about its use before, during and after pregnancy, according to new guidance from the American College of Obstetricians and Gynecologists. The recommendations come as cannabis use during...
White House Exploring All Options For Cannabis Rescheduling, Trump Drug Adviser Nominee Says
President Donald Trump’s pick to be the White House’s top drug policy adviser refrained from endorsing a proposed rule to reclassify cannabis from a Schedule I to Schedule III drug under the Controlled Substances Act. That abstention was, in part, because her likely...
SXSW Is Taking Votes On Dozens Of Marijuana And Psychedelics Panel Proposals For 2026 Festival
Voting is now open for panels to be part of next year’s South by Southwest (SXSW) festival, allowing anyone with an opinion to weigh in on what topics the event covers and whose views are featured onstage. And once again, like in past years, there are dozens of...
Kentucky Hemp Farmers Ask McConnell To Protect CBD Market Or Could Face Catastrophic Consequences
Dozens of Kentucky hemp farmers are urging Republican U.S. Sen. Mitch McConnell not to “criminalize” the sale of products containing hemp-derived cannabinoids. A letter from 58 hemp farmers in the state sent to McConnell on Monday requests an in-person...
Colorado Pot Prices Drop To $649 A Pound
Colorado cannabis cultivators keep going out of business, but flower prices keep falling. The average market rate (AMR) for wholesale marijuana flower fell to $649 per pound, tying an all-time record low, according to the Colorado Department of Revenue. That’s...
Michigan House Looks To Solve Cannabis Industry Issues, Addressing Payment Defaults And Hemp Regulation
On Tuesday, September 16, the Chairman of Michigan’s House Regulatory Reform Committee, Representative Joseph Aragona, introduced a package of bills to address two significant problems confronting Michigan’s cannabis industry—licensees defaulting on payments and...
