Sales of recreational and medical marijuana sales in Missouri reached $125.9 million in April, an increase of 4.86% year-over-year.

Two Democratic members of Congress representing Florida are asking the federal government to investigate what they describe as “potentially unlawful diversion” of millions in state Medicaid funds via a group with ties to Gov. Ron DeSantis (R). The money was used to fight against a citizen ballot initiative, vehemently opposed by DeSantis, that would have […]

A GOP Pennsylvania senator who supports marijuana legalization is seemingly suggesting that lawmakers pump the brakes on the push to enact the policy change amid resistance to reform within his caucus and instead pass a bill to create a new regulatory body that can begin overseeing medical cannabis and hemp while preparing to eventually handle […]

The Drug Enforcement Administration (DEA) says that states that have legalized marijuana are providing cover for illicit cultivation operations by foreign cartels—while at the same time implicitly acknowledging that ongoing prohibition in other states creates opportunities for that cannabis to be sold on the illegal market. The agency’s 2025 National Drug Threat Assessment that was […]

Florida Gov. Ron DeSantis (R) has signed a wide-ranging agriculture bill passed by the legislature that contains, among other provisions, a new prohibition on the spores of psychedelic mushrooms. The governor, who previously signaled that he would approve the anti-psilocybin legislation, SB 700 from Sen. Keith Truenow (R), formally did so on Thursday. The psychedelic […]

A newly filed pair of GOP-led congressional bills would prevent people from using federal financial assistance at marijuana dispensaries. As part of a broader piece of legislation from Rep. Darin LaHood (R-IL) and Sen. Steve Daines (R-MT) that aims to change rules around welfare requirements, there are provisions that mirror a standalone measure introduced in […]

At a press event announcing new congressional legislation calling on the federal government to provide reparations to the descendants of enslaved American families, lawmakers and advocates emphasized the country’s long history of structural discrimination against Black people—including through the ongoing criminal war on drugs. Rep. Summer Lee (D-PA) and other lawmakers and reform advocates spoke […]

STAMFORD, Conn.: The Company's newest Ohio location features drive-through pick-up and expanded access for customers STAMFORD, Conn., May 16, 2025 /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announced the opening of its newest dispensary in Lima, Ohio, located at 2151 Elida Rd. The store expands Curaleaf's footprint in the Buckeye State to three stores, bringing the Company's nationwide retail footprint to 152 locations. Curaleaf Lima will increase convenient access to high-quality cannabis for both medical patients and adult-use customers across northwest Ohio.

If you've been following the headlines, you'd think tariffs are about to break the back of the cannabis industry.

DEA partners with anti-marijuana group on meme campaign; PA gov pushes lawmakers to legalize; NH psilocybin vote; MN cannabis & sleep apnea study Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment […]

The head of the U.S. Department of Veteran Affairs (VA) is touting the fact that he’s “one of the first” secretaries of the agency with a commitment to exploring psychedelics as a potential therapy option for veterans. During a pair of hearings before the House Veterans’ Affairs and Appropriations Committees on Thursday, VA Secretary Doug […]

U.S. canna tries to avoid Vapegate 2.0.

SEATTLE: SEATTLE, May 15, 2025 /PRNewswire/ - Jones Soda Co. (CSE: JSDA) (OTCQB: JSDA) ("Jones Soda" or the "Company"), today announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Summary vs. Year-Ago Quarter Revenue was $4.6 million compared to $5.0 million. The Company also generated $0.4 million in revenue from the Cannabis (THC) segment, consistent with approximately $0.4 million in the first quarter of 2024Net loss decreased to $0.9 million, or $(0.01) per share, compared to a net loss of $1.2 million, or $(0.01) per share.Adjusted EBITDA1 improved 39% to $(0.6) million compared to $(1.0) million. This was primarily due to a reduction in selling, general, and administrative expenses associated with the new cost management strategies implemented by management and was partially offset by the decline in revenue.

LOS ANGELES: Jie "Jay" Yu has a strong track record of excellence in public company accounting, and has served in the role of Vice President of Finance for Ispire since June 2023 Ispire also further streamlines operations by cutting an estimated $3.6 million in annual payroll in May 2025 Ispire expects to also cut up to an additional $6.6 million in annual operating expenses over the next three months, for a total estimated annualized expense reduction of $10.2 million LOS ANGELES, May 15, 2025 /PRNewswire/ -- Ispire Technology Inc. (NASDAQ: ISPR) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, today announced the appointment of Jie "Jay" Yu as the new Chief Financial Officer of the Company, effective immediately, following the departure of Jim McCormick, the former Chief Financial Officer of the Company. Ispire also announced that it continued to further streamline its overall operations as the Company reduced its workforce and ended several contractor agreements, resulting in a reduction of $3.6 million in annual payroll in May 2025. Ispire will also look to cut up to an additional $6.6 million in operating expenses over the next three months, bringing the total estimated annual operating expenses cut to $10.2 million during the Company's fiscal year of 2025.

President Donald Trump has shaken up his Department of Justice (DOJ) staff, naming Ed Martin—the former federal prosecutor for Washington, D.C.—as the new U.S. pardon attorney. The appointment of Martin, a critic of cannabis legalization who last month as acting U.S. attorney for the District of Columbia threatened a locally licensed medical marijuana dispensary with […]

Minnesota officials have released the results a state-funded study showing that medical marijuana provides significant benefits for people struggling with sleep apnea. Unlike many states that have enacted legalization, Minnesota’s Office of Cannabis Management (OCM) routinely collects data on patients’ experiences and produces research on its findings. This latest report focuses on sleep apnea, a […]

Recreational marijuana sales in Michigan dropped in April despite the annual 4/20 celebration.

A New Hampshire Senate panel has advanced a House-passed bill to decriminalize the use and possession of psilocybin by adults. The measure, sponsored by Rep. Kevin Verville (R), cleared the Senate Judiciary Committee on a 3-2 vote on Tuesday. It previously passed the full House of Representatives in March. Before approving the legislation, members of […]

The MJBizDaily editorial team is asking business owners, executives and entrepreneurs in the marijuana and hemp sectors to participate in the annual MJBiz Factbook business survey.

For its next act, the yearslong saga of medical marijuana licensing in Alabama will head to federal court.

“It is more and more clear that pre-rolls are shaping the future of the cannabis market on both sides of the border.” By James Valentine, Custom Cones USA and DaySavers Cannabis continues to be a multibillion-dollar industry in Canada and the U.S., and while both countries share the same top product categories—flower, pre-rolls and vape […]

“It is putting guardrails on an unregulated and unlicensed product in the state of Alabama that’s preying on our youth.” By Alander Rocha, Alabama Reflector Alabama Gov. Kay Ivey (R) Wednesday signed a controversial bill aimed at regulating consumable hemp products into law. HB 445, sponsored by Rep. Andy Whitt, R-Harvest, faced strong opposition from […]

The governor of Pennsylvania is sharply criticizing the GOP-controlled Senate for “ignoring” the will of voters after killing a House-passed bill to legalize marijuana. About a week after the House narrowly advanced reform legislation—which would’ve created an adult-use market with state-run dispensaries—a Senate committee on Tuesday rejected the proposal from Reps. Rick Krajewski (D) and […]

The Drug Enforcement Administration (DEA) is teaming up with an anti-marijuana organization to mark “National Prevention Week,” promoting a campaign that encourages people to share memes with dubious claims about the effects of cannabis—including the theory that it is a “gateway drug” to using other substances. The memes run the gamut, citing certain reports and […]

TORONTO and GLIL YAM, Israel: IMC Delivers Net Profit and 87% Gross Margin Improvement in Q1, Reflecting Strategic and Operational Progress TORONTO and GLIL YAM, Israel, May 15, 2025 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, announced its financial results today for the first quarter ended March 31, 2025. All amounts are reported in Canadian dollars and compared to the quarter ended March 31, 2024, unless otherwise stated. IMC also announces the intention to complete a non-brokered private placement of secured debentures.

LONDON: LONDON, May 15, 2025 /PRNewswire/ -- Curaleaf International, part of Curaleaf Holdings, Inc. (TSX:CURA) a leading international provider of medical cannabis products, today announced the launch of Curaleaf branded products in Australia. This announcement marks the expansion of Curaleaf's presence in one of the world's fastest growing medical cannabis markets and underscores its commitment to local collaboration, clinical integrity, and patient care.

TORONTO: TORONTO, May 15, 2025 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) ("MediPharm" or the "Company"), a pharmaceutical company specialized in precision-based cannabinoids, today provided its shareholders with additional information about the six nominees for its board of directors (the "Dissident Nominees") submitted by Apollo Technology Capital Corporation ("Apollo"). The Dissident Nominees were listed and described in a dissident proxy circular filed on May 7, 2025 (the "Dissident Circular") and are expected to stand for election at the Company's Annual and Special Meeting of Shareholders on June 16, 2025.

TORONTO: TORONTO, May 15, 2025 /PRNewswire/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company") a leading consumer packaged goods company in the cannabis products market, today released its financial results for the three months ended March 31, 2025. These filings and additional information regarding Auxly are available for review on SEDAR at www.sedar.com. Financial highlights for the first quarter ended March 31, 2025:

Hemp-derived THC remains both a billion-dollar opportunity ideal for small businesses and a guarantee of serious trouble for state governments in 2025.

DOGE-cancelled marijuana project head speaks; PA legalization dispute; Cannabis jobs declined amid record sales; Fentanyl-laced marijuana op-ed Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Free to read (but not […]

The Marijuana Herald - Marijuana news and information

The Marijuana Herald - Marijuana news and information

The Marijuana Herald - Marijuana news and information

Jobs, tax revs and global standing at risk.

The Marijuana Herald - Marijuana news and information

There’s some good news for California's $4.6 billion marijuana industry in Gov. Gavin Newsom’s updated budget proposal released Wednesday.

“We’re just trying to figure out what exactly is going to happen and what is not going to happen before we really start doing anything.” By Alander Rocha, Alabama Reflector A bill aimed at regulating consumable hemp products has landed on Gov. Kay Ivey’s (R) desk, but its future is uncertain. HB 445, sponsored by […]

The Marijuana Herald - Marijuana news and information

The Marijuana Herald - Marijuana news and information

The Marijuana Herald - Marijuana news and information

OAKLAND, Calif.: OAKLAND, Calif., May 14, 2025 /PRNewswire/ -- Distru, the trusted cannabis ERP platform for operators, today announced the launch of DistruCommerce, a standalone wholesale platform empowering brands to sell directly to retailers through one transparent monthly subscription—no percentage-based fees. Available across legal cannabis states, this new offering enables brands and distributors to fully own their wholesale channels with an embeddable, white-label storefront, seamlessly integrated with the industry-leading accounting and track-and-trace integrations hundreds of cannabis operators already rely on.

Massachusetts marijuana regulators have launched an online platform aimed at helping people find jobs, workplace training and networking opportunities in the state’s legal cannabis industry. The new EquityWorks Career Hub is initially open only to individuals who are part of a Cannabis Control Commission (CCC) equity program, part of the state’s effort to prioritize those […]

The Marijuana Herald - Marijuana news and information

The founder of a medical cannabis dispensary in Washington, D.C., pleaded guilty to charges of failing to pay more than $1.2 million in federal income and employment taxes for five years.

The Marijuana Herald - Marijuana news and information

After a Pennsylvania House-passed bill to legalize marijuana sales through state-run shops was defeated in the GOP-controlled Senate, lawmakers from both chambers who support the reform are trading criticisms about each other’s roles in the stalled push to end prohibition. Rep. Dan Frankel (D)—sponsor of the House measure alongside Rep. Rick Krajewski (D) that failed […]

The Marijuana Herald - Marijuana news and information

The Marijuana Herald - Marijuana news and information

The Marijuana Herald - Marijuana news and information

President Donald Trump’s pick to lead the Drug Enforcement Administration (DEA) is declining to commit to rescheduling marijuana, or to say how he’d approach federal enforcement in states that have legalized cannabis. In written responses to questions from two Democratic senators as part of his confirmation, the nominee for DEA administrator, Terrance Cole, largely demurred […]

The Marijuana Herald - Marijuana news and information

The Marijuana Herald - Marijuana news and information

The Marijuana Herald - Marijuana news and information

The Marijuana Herald - Marijuana news and information

The head of a longtime program to track the potency of marijuana seized by law enforcement—the federal contract for which was cut earlier this month by the federal Department of Government Efficiency (DOGE)—says it’s still possible his work could limp along until funding resumes. But if samples stop flowing to his Mississippi lab, a decades-long […]

NEW DELHI: NEW DELHI, May 14, 2025 /PRNewswire/ -- According to the latest insights by MarkNtel Advisors, the Global Hemp Fiber Market stood at USD 11 billion in 2024 and is projected to reach USD 36 billion by 2030, growing at a CAGR of 22%. This robust growth is not just the result of shifting environmental mandates—but a deeper evolution in how industries define value, resilience, and material intelligence.

“By taking cannabis products off street corners and placing them behind the counter, lawmakers are providing cannabis consumers with safer experiences.” By Paul Armentano, NORML It comes as no surprise that police in Warwick, Rhode Island recently walked back claims that exposure to “fentanyl-laced cannabis” was responsible for a local woman’s tragic overdose death. While street […]

Jobs in the U.S. legal marijuana industry fell roughly 3.4 percent percent between 2023 and 2024, according to the latest annual industry report on employment in the cannabis sector. That marks the largest nationwide downturn in cannabis employment since the project began tracking full-time equivalent jobs in the sector in 2017. At the same time, […]

TALLAHASSEE, Fla.: New Lorain County dispensary will host grand opening celebration Friday, May 16th TALLAHASSEE, Fla., May 14, 2025 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the opening of a new Trulieve-branded dispensary in Lorain, Ohio. Harvest Grows LLC will operate the dispensary under the Trulieve brand through a licensing agreement with the Company.

TORONTO: Achieves Positive Adjusted EBITDA(1)Revenue of $10.8 Million, an Increase of 11% over Q1 202487% Growth in International Medical Cannabis Revenue, Forming 55% of Total RevenueGross Profit of $4.2 million, or 39% of Total Revenue, Improved Significantly over Q1 2024Management to Host Conference Call / Webcast on May 14, 2025 at 10:00 am ETTORONTO, May 14, 2025 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) ("MediPharm", "MediPharm Labs" or the "Company") a pharmaceutical company specialized in precision-based cannabinoids, announces financial results for the three months ended March 31, 2025 ("Q1 2025").

LOUISVILLE, Colo.: Early proof points confirm transformation strategy traction LOUISVILLE, Colo., May 14, 2025 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), a botanical wellness innovation company, today announced results for the quarter ended March 31, 2025, reporting its first year-over-year revenue increase in more than three years, building on the sequential quarterly growth trend achieved in 2024.

Here are five essential considerations for anyone considering a career in the cannabis industry, along with an overview of the most flourishing professional pathways.

TX marijuana & ibogaine; LA cannabis tax vote; Fed hemp lab testing inconsistency report; Navy vet’s psychedelics op-ed; FL ballot lawsuit; MO taxes Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment […]

EGG HARBOR TOWNSHIP, N.J.: EGG HARBOR TOWNSHIP, N.J., May 13, 2025 /PRNewswire/ -- Conservatory Cannabis Co., the premier dispensary located in Egg Harbor Township on Fire Road, is proud to announce its new partnership as the exclusive cannabis sponsor of Good Time Tricycle Productions—one of South Jersey's most recognizable names in live events and experiential entertainment. Good Time Tricycle Productions has spent over 20 years bringing beloved events to the region, including Atlantic City Beer and Music Festival, the Atlantic City Tattoo Expo, Witch-Craft, and many others. Now, they're joining forces with Conservatory Cannabis Co. to help normalize cannabis through community presence and education.

California canna leader shares Q125 results.

MORRISVILLE, N.C.: MORRISVILLE, N.C., May 13, 2025 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus" or the "Company"), a global value-added agricultural company, is pleased to announce the amendment of its asset-based lending (ABL) credit facility with PNC Bank, which was initially established February 8, 2022. As part of the amendment, the Company will have access to increased borrowing availability, lower interest rates and fees in the credit agreement, and an extended maturity date.

The Lone Star State wrestles with THC.

As expected, the Pennsylvania state Senate rejected an adult-use cannabis legalization bill that limited marijuana sales to state-run retail outlets.

“There’s only supposed to be one local government, one boss, one master dictating outcomes and imposing the 3 percent tax.” By Rebecca Rivas, Missouri Independent The Missouri Supreme Court heard arguments Tuesday regarding whether or not cities and counties can stack marijuana sales taxes, in a legal battle that began in 2023. The court’s answer […]

The Texas House of Representatives has passed bills to significantly expand the state’s limited medical cannabis program and to support research on the therapeutic potential of ibogaine with the aim of encouraging federal approval of the psychedelic. The marijuana measure cleared the House on third reading with a vote of 122–21 and the ibogaine legislation […]

TerrAscend Corp. has closed on its acquisition of Ratio Cannabis in Ohio and signed an agreement to acquire Union Chill Cannabis Co. in New Jersey.

TerrAscend Corp. has closed on its acquisition of Ratio Cannabis in Ohio and signed an agreement to acquire Union Chill Cannabis Co. in New Jersey.

A Louisiana bill that would have established a tax system to prepare the eventual legalization of adult-use marijuana had an initial committee hearing on Tuesday, at which members narrowly rejected the plan. Members of the House Committee on Ways and Means voted 8–7 against passing the bill—HB 636 sponsored by Rep. Edmond Jordan (D)—out of […]

“These men and women served with honor and are now asking for something radically simple: the right to heal.” By Matthew “Whiz” Buckley, No Fallen Heroes Foundation Four years ago this month, I was on my knees. Not in a fighter jet cockpit or boardroom as I’d become accustomed to as a Navy veteran—but in […]

A Pennsylvania Senate committee has rejected a bill to legalize marijuana with state-run stores that narrowly passed the House last week. On Tuesday, the Senate Law and Justice Committee defeated the legislation from Reps. Rick Krajewski (D) and Dan Frankel (D) in a 7-3 vote. “I really expected a little bit of back-and-forth discussions and […]

SAN FRANCISCO: SAN FRANCISCO, May 13, 2025 /PRNewswire/ -- The global cannabidiol market size is expected to reach USD 22.05 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.8% from 2025 to 2030. Changing consumer attitudes towards CBD products, shifting public opinion, and growing recognition of the health benefits of cannabidiol are some of the main factors contributing to the market's growth. The cannabis Sativa plant contains more than 80 cannabinoids, but cannabidiol is the most widely used for medical purposes because of its lack of psychoactive effects. It is primarily obtained from hemp due to its high CBD content.

Canadian standout focuses on global canna.

LOS ANGELES: Streamlined Branding and Improved User Experience Enhance Access to Premium Cannabis Genetics LOS ANGELES, May 13, 2025 /PRNewswire/ -- Fast Buds, a leading name in the cannabis seed industry, is excited to announce a major update to its online presence with the launch of a new website address: fastbuds.com. This change comes as part of the company's ongoing commitment to improving accessibility, branding, and overall user experience for its growing community of cannabis enthusiasts and cultivators worldwide.

A new report from a federal science agency examines moisture and drying standards in hemp, part of an ongoing project to help laboratories ensure accuracy and precision when testing cannabis products. The National Institute of Standards and Technology (NIST) published the report late last month, finding considerable variation in moisture levels from facilities that used […]

PORTLAND, Ore.: The Brand's 15th SKU Introduces THCV to Its Best-Selling Portfolio of Gummies, Bringing a Bold New Flavor With a New Cannabinoid Experience PORTLAND, Ore., May 13, 2025 /PRNewswire/ -- Wyld, the #1 cannabis edible brand in the U.S., is introducing a new Kiwi 1:1 THC:THCV gummy across select markets nationwide, beginning with New York and Michigan. The Kiwi gummy is Wyld's first to feature tetrahydrocannabivarin (THCV), known for its uniquely energizing effects.

DENVER: America's cannabis industry supports 425,002 full-time jobs – despite a 3.4% dip, the long-term outlook remains optimistic DENVER, May 13, 2025 /PRNewswire/ -- Vangst, the leading staffing agency for the cannabis industry, today unveiled its 2025 Cannabis Jobs Report, produced in collaboration with Whitney Economics, a global leader in cannabis and hemp economic research and consulting. Now in its third year, the Vangst Jobs Report provides the industry's most comprehensive state-by-state analysis of cannabis employment, retail performance, and workforce trends across legal markets.

SCOTTSDALE, Ariz.: The cannabis brand and brain cancer survivor continue their partnership to raise funds for theHead for the Cure Foundation SCOTTSDALE, Ariz., May 13, 2025 /PRNewswire/ - Timeless (or the "Company"), a lifestyle brand leading the way in cannabis culture, today announced the third annual Shred for the Cure campaign in partnership with brain cancer survivor DJ Stewart in an initiative to benefit the Head for the Cure Foundation, a nonprofit dedicated to raising awareness and funding for the battle against brain cancer. Over the past two years, the campaign has raised over $58,000 for Head for the Cure.

Smart & Safe Florida said the new restrictions will “effectively destroy the people’s right to invoke the citizen initiative.” By Christine Sexton, Florida Phoenix The group seeking to legalize recreational marijuana in Florida has joined a legal challenge to a newly approved crackdown on ballot initiatives. Smart & Safe Florida over the weekend asked to […]

TORONTO: TORONTO, May 13, 2025 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) ("MediPharm" or the "Company"), a pharmaceutical company specialized in precision-based cannabinoids, has filed its Management Information Circular ("MIC" or the "Circular") and proxy materials (the "Meeting Materials") for its upcoming Annual and Special Meeting of Shareholders, scheduled for June 16, 2025. The Meeting Materials will be sent to shareholders in the coming days, and are available on the SEDAR+ website at www.sedarplus.ca.

SEATTLE: Back-to-School Release Will Celebrate Crayola's Limited-Time Return of Retired Crayon Collection SEATTLE, May 13, 2025 /PRNewswire/ - Jones Soda Co. (CSE: JSDA) (OTCQB: JSDA) today announced a strategic agreement with Crayola to create a special co-branded pack using Jones' vibrantly colored craft sodas to showcase Crayola's recently announced limited-time return of select retired crayon colors. The 12-pack will be sold in a package resembling the Crayola box, contain two each of six pure-cane-sugar Jones flavors, include a box of crayons, and be released in time for back-to-school sales.

When Grön founder Christine Apple got into the cannabis industry, it wasn’t a calculated move.

PA AG on legalization; CO marijuana bill to gov; TX cannabis & ibogaine votes; IL marijuana odor bill; Study: Legalization reduce workers comp costs Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana […]

The Texas House of Representatives has given initial approval to a bill that would significantly expand the state’s medical marijuana program. After clearing committee last week, the bipartisan legislation from Reps. Ken King (R) and Penny Morales Shaw (D) passed the full House on second reading in a 118-16 vote on Monday. It will need […]

U.S. cannabis operates details Q125

The Commonwealth needs common sense.

NEW YORK: First Quarter 2025 Net Revenue of $128.0 million and Adjusted EBITDA1 of $27.0 million Generated Positive Cash from Operations of $5.9 million, the Ninth Consecutive Quarter of Positive Operating Cash Flow Company Ended Q1 2025 with $100.0 million of Cash and Cash Equivalents NEW YORK, May 12, 2025 /PRNewswire/ - Ascend Wellness Holdings, Inc. ("AWH" or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, today reported its financial results for the quarter ended March 31, 2025 ("Q1 2025"). Financial results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and all currency is in U.S. dollars.

The Texas House of Representatives has given initial approval to a Senate-passed bill to create a grant program to support research into the therapeutic potential of ibogaine—aiming to encourage the federal government to approve legal access to the psychedelic. On Monday, the legislation from Sen. Tan Parker (R) cleared the House in a 141-2 vote […]

“You’ve got plenty of money. Stop the nonsense and start figuring it out and start rolling up your sleeves.” By Bhaamati Borkhetaria, CommonWealth Beacon As Massachusetts lawmakers work to craft a budget, facing an ever-shrinking pile of money coming from the federal government and rattled by economic uncertainty, the leaders of one of the state’s […]

The Republican-controlled Wisconsin Legislature voted to remove medical and adult-use marijuana legalization from Democratic Gov. Tony Evers’ budget proposal.

New York regulators have suspended the sale of several popular cannabis brands in the state pending an investigation into possible illegal "inversion."

IRVINE, Calif.: IRVINE, Calif., May 12, 2025 /PRNewswire/ -- Five, a leader in full-spectrum THC, is revolutionizing the edibles industry with the launch of Quick Hits, a fast-acting THC gummy. Five launches Quick Hits: fast-acting THC gummies delivering a high in under 10 minutes, shipped straight to your door.Engineered to kick in under 10 minutes, Quick Hits delivers a dispensary-quality high with the convenience of direct-to-door shipping—making it the fastest, easiest way for consumers to enjoy high-dose THC.

Colorado lawmakers have sent a bill to the governor that would make a series of changes to the state’s marijuana laws, including revisions to help more people participate the industry and reduce certain regulatory restrictions on cannabis businesses. However, the measure from Reps. William Lindstedt (D) and Jenny Willford (D) and as well as Sens. […]

ATLANTA: ATLANTA, May 12, 2025 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) announced today that the company filed Form 1A last Thursday for a secondary public offering (SPO) through Reg A Tier II registration, with the intention of issuing up to $10 million preferred shares which will carry an 8% per annum preferred dividend. The filing is subject to SEC review, and the company will not offer any securities until the SEC qualifies its filing. Investing in Cannabis Property The majority of the capital raised will be used to expand its portfolio of cannabis property.

Pennsylvania’s Republican attorney general says while he doesn’t currently support a marijuana legalization bill that passed the House last week, he’s open to changing his mind about the policy change after continuing to review the details. This marks something of a shift for Attorney General Dave Sunday (R), who has previously voiced public safety concerns […]

A Senate-passed bill in Illinois that would clarify that police may not stop or detain drivers, or search their vehicles, based solely on the smell of cannabis had an initial House committee hearing on Friday, where lawmakers advanced the proposal on a 8–6 vote. The legislation—SB 42, sponsored by Sen. Rachel Ventura (D)—next moves to […]