Florida recreational marijuana legalization campaign advances, but there’s a catch
A campaign to legalize recreational marijuana in Florida have collected enough signatures to send the proposed ballot language to the state Supreme Court for review, according to election officials. Florida recreational marijuana legalization campaign advances, but there’s a catch is a post from: MJBizDaily: Financial, Legal & Cannabusiness news forContinue Reading
Canadian cannabis industry adds CA$9.1 billion to nation’s GDP
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
California’s marijuana sales on decline as consumers buy less expensive products
California marijuana consumers aren’t buying less product at state-licensed stores, but they do appear to be buying cheaper ones. California’s marijuana sales on decline as consumers buy less expensive products is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Read More: California’s marijuana salesContinue Reading
Federal budget proposal would ban hemp-derived THC, THCA flower
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
Illinois halts adult-use marijuana retail licensing to boost social equity
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
GOP Congressional Committee Proposes Ban On Hemp Products With THC That Advocates Say Would Have ‘Devastating’ Impact On Industry
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
Texas Governor Refuses To Say Whether He’ll Sign Or Veto Hemp Ban Bill Amid Intense Pushback
The governor of Texas won’t say whether he plans to sign or veto a bill to outlaw all consumable hemp-derived cannabinoid products containing any detectable THC that was sent to his desk last week. Amid intense pushback from the hemp industry, military veterans groups and other stakeholders over the legislationContinue Reading
North Carolina Governor Backs Marijuana Legalization And Forms A Bipartisan Commission To Craft A Plan
The governor of North Carolina has come out in support of legalizing marijuana and is convening a bipartisan commission to study the issue in hopes of moving the GOP-controlled legislature to act on reform. Gov. Josh Stein (D) said during an interview with WRAL News that was published on TuesdayContinue Reading
Maine Senate Passes Psilocybin Bill That Would Legalize Possession, But Not Sales, Of The Psychedelic
The Maine Senate has voted to pass a bill to legalize possession of up to one ounce of psilocybin by people 21 and older—one day after the House of Representatives also approved the measure. Both votes were narrow, with the Senate clearing the legislation 17-16 on Tuesday and the HouseContinue Reading
Alcohol Industry Exec Says Regulation, Not Prohibition Is The Responsible Path For Intoxicating Hemp Drinks (Op-Ed)
“Let’s be clear—’Big Alcohol’ isn’t looking to take over hemp. We’re offering decades of experience, hard-earned knowledge and a system that works.” By Francis Creighton, Wine & Spirits Wholesalers of America Today’s trendiest adult beverage isn’t a cocktail or a funky new wine from a new-to-you region. It isn’t aContinue Reading