Month: June 2025 (Page 16)

The Canadian cannabis industry added 9.1 billion Canadian dollars ($6.7 billion) to the country’s gross domestic product (GDP) during the first quarter of 2025, up from CA$8.3 billion in 2024. Canadian cannabis industry adds CA$9.1 billion to nation’s GDP is a post from: MJBizDaily: Financial, Legal & Cannabusiness news forContinue Reading

U.S. hemp interests are sounding the alarm over a House Republican budget proposal that, if passed by Congress, would ban hemp-derived THC products outright at the federal level, including so-called THCA flower. Federal budget proposal would ban hemp-derived THC, THCA flower is a post from: MJBizDaily: Financial, Legal & CannabusinessContinue Reading

State law allows for 500 marijuana stores, but the state will pause licensing non-social equity license holders while social-equity entrepreneurs launch their businesses. Illinois halts adult-use marijuana retail licensing to boost social equity is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More:Continue Reading

A GOP-led House committee has unveiled a spending bill that contains provisions that hemp stakeholders say would devastate the industry, prohibiting most consumable cannabinoid products that were federally legalized during the first Trump administration. The House Appropriations Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies publishedContinue Reading