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Michigan’s cannabis tax gamble comes up short in first quarter

The tax, which kicked in Jan. 1, was at the center of a bipartisan road-funding deal that ended a drawn-out budget standoff last year.

News June 5
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Alabama cannabis market opens with one dispensary, 11 to follow

To access the program, patients need a qualifying condition and a recommendation from a physician registered with the Alabama Medical Cannabis Commission.

News June 4
Image of a flag bearing the Drug Enforcement Administration logo sitting above the U.S. flag

Cannabis’ challenge isn’t regulation – it’s enforcement

Ripple CEO Justin Singer says the real issue in the legal market is not too much regulation but too little enforcement.

News June 4
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Image of the Statue of Liberty facing New York City at sunset

New York governor signs anti-inversion cannabis bill

Those who don’t play by the rules face fines of up to $10,000 per day and possible product seizure and destruction.

News June 3
Image of a stock exchange board with a cannabis leaf in the middle

Cannabis MSO Verano in uplisting wave with reverse stock split

Verano expects the move will increase institutional investor interest and access as the company pursues uplisting on a U.S. stock exchange.

News June 1
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California cannabis sales dip slightly again in first quarter of 2026

Licensed cannabis retailers generated $956.7 million in sales in the first quarter, down from $976.5 million during the same period a year earlier.

News May 29
The Payment Problem No One Warns CBD Retailers About

Cannabis payments are facing a reckoning as workarounds disappear

Cannabis operators are used to payment solutions that disappear overnight. But as margins squeeze, that's a risk most businesses can't afford to take.

News May 29
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Minnesota merges medical and adult-use cannabis supply chains

Allows hemp operators to hold marijuana licenses without giving up their existing hemp businesses

News May 28
Image of three glass jars containing cannabis sitting atop a stack of $100 bills

Cannabis MSO sells off Massachusetts retail permit ‘on the low side’ for $1 million

The sale, from an Arizona-based marijuana multistate operator, represents a potentially low valuation for a valid but not-yet-operational retail permit in Massachusetts.

News May 28
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