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In an unprecedented move, New York made history by making marijuana legally available for purchase at a special farmers' market for adults only in Ulster County. The main goal of this creative move was to address the oversupply situation that many marijuana growers are currently in. While str...
Cannabis retailers in the northeast sold a record number of products in July, achieving new sales records and generating millions of dollars. State data shows that cannabis sales in Rhode Island, Maine and Massachusetts are booming, with Maine selling $20.8 million worth of cannabis products in...
A New York court has blocked the official launch of marijuana dispensaries in the state following a decision by a judge to halt the retail licensing process. The court sided with a lawsuit filed by disabled veterans who argued that New York’s licensing policy, which prioritizes entrepren...
The organization spearheading the campaign for the legalization and oversight of marijuana in Ohio recently stated it has amassed nearly tenfold the requisite additional signatures to present the matter to the public for consideration this November. Tom Haren of the CTRMLA conveyed that the g...
Maine Governor Janet Mills has approved legislation to provide tax relief to players in the state’s marijuana industry. The bill will partially bypass the Internal Revenue Service, which prohibits cannabis businesses from making federal tax deductions through IRS code 280E , and grant l...
The cannabis-infused beverages segment of America’s state-legal cannabis market seems to be performing admirably in one of the most unexpected states: Minnesota. Favorable market conditions in the state have helped cannabis-beverage producers and retailers in the state... Read more ...
Minnesota has recently joined the growing list of states that have legalized recreational cannabis use for adults aged 21 and older. This move marks a significant shift in the state's approach to cannabis. Below are several key developments shaping the new landscape : Legalization timeline ...
A recent study reveals that New York City stands as the global leader in marijuana consumption , surpassing all other cities with an annual intake of 62.3 metric tons, equivalent to around 137,000 pounds. Conducted under the title "2023 Global Marijuana Price Index," this comprehensive research ...
Marijuana producers Columbia Care Inc. and Cresco Labs have announced the termination of a $2 billion merger between the two companies. First announced in March 2022, the merger would have seen Cresco Labs buy Columbia Care for $2 billion in an historic deal that would have resulted in the larg...
The background of Massachusetts' marijuana testing director has sparked concern among industry observers, who are already cautious about the state's treatment of marijuana companies. James Kocis assumed the role of director of testing on the state’s Cannabis Control Commission (CCC) in O...
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A team of researchers from several institutions has discovered that cannabis may improve symptoms in teenagers and young adults at risk of developing psychosis. The study contradicts claims that marijuana use can trigger the early onset of psychotic disorder symptoms and shows that cannabis m...
More than two years have passed since the legalization of medical cannabis in South Dakota, and an impressive count of more than 11,500 individuals from the state now possess medical marijuana cards . This substantial figure stands in stark contrast to the initial projections made back in 2021 w...
Efforts to launch an equitable recreational cannabis industry in New York hit another roadblock after a state Supreme Court judge ruled that the licensing process violated state law. The most recent state Supreme Court ruling has now deemed the licensing process for social equity applicants unc...