Faint hopes for California cannabis industry excise tax relief evaporated Wednesday when lawmakers failed to squeeze a freeze on the levy into a state budget bill. California lawmakers fail to include cannabis tax relief in budget bill is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
It appears unlikely that Ohio lawmakers will make changes to the state’s recreational marijuana law before their summer break. Ohio lawmakers unlikely to change recreational marijuana law before break is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Most hemp-derived THC products in Arkansas are illegal and state officials may enforce a 2023 ban, according to a ruling from the U.S. 8th Circuit Court of Appeals. Arkansas can enforce hemp-derived THC ban, appeals court rules is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Texas’ changes in hemp and medical marijuana policy lay the foundation for significant advances for both industries – in business and politics. Texas delivers potential major milestone for hemp and medical marijuana is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
A Republican budget proposal in the U.S. House of Representatives that would ban hemp-derived THC under federal law passed a committee vote but is still far from becoming law. House Republicans’ hemp-derived THC ban approved in committee is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
With Arkansas’ medical marijuana sales exceeding $121 million through May, the state is on track to break its annual record set in 2023. Arkansas nears annual medical marijuana sales mark with $121M-plus through May is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Despite a 4.5% increase in revenue that reached $30.1 billion in 2024, the regulated marijuana industry experienced a 3.4% decline in employment, shedding 15,000 jobs to settle at 425,000 workers. Mature cannabis markets see job losses while emerging states boom is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
The hemp-derived THC industry in Texas is breathing a $5.5 billion sigh of relief after Gov. Greg Abbott vetoed a bill that would have outlawed hemp-derived THC’s biggest individual market. Texas gov saves $5 billion hemp-derived THC industry, expands medical marijuana is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Jones Soda Co. sold its hemp-derived THC beverage business to MJ Reg Disrupters for $3 million. Jones Soda sells hemp-derived THC beverage business for $3 million is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Ayr Wellness’s struggles with debt and losses are known, but Connecticut is also proving a tough market for all cannabis operators. Ayr dismisses talk of Connecticut exit amid its other marijuana consolidations is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
