Washington D.C.’s medical cannabis market remained above $10 million in May after setting a record of $10.4 million in April, according to the newest report from the Alcoholic Beverage and Cannabis Administration. The district reported $10,021,299 in total medical cannabis sales for May, down from April’s record $10,404,293 but still well above the $9,300,768 sold …
Los Angeles Voters Approve Measure Applying Cannabis Tax to Unlicensed Marijuana Shops
Los Angeles voters have approved a measure that will require unlicensed marijuana businesses to pay the city’s cannabis business tax. Measure CB was approved with 72% of the vote. The proposal applies the city’s existing cannabis business tax to unlicensed retailers operating within city limits. Under current law, licensed marijuana retailers are required to pay …
Arizona Lawmaker Files Measure to Place New Marijuana Industry Rules Before Voters
Arizona Representative Tony Rivero (R) has filed a proposed ballot referral that would ask voters to approve new rules for the state’s marijuana industry, including restrictions on certain license holders, cultivation canopy limits, solvent testing standards and federal coordination provisions. House Concurrent Resolution 2037 was introduced in the House on June 13 and assigned to …
DEA Marijuana Rescheduling Hearing Set to Begin in Two Weeks
The Drug Enforcement Administration’s administrative hearing on marijuana rescheduling is now just two weeks away, with proceedings set to begin June 29 at 9 a.m. ET. The hearing, which will take place at the DEA Hearing Facility in Arlington, Virginia, is part of the federal rulemaking process to consider moving marijuana from Schedule I to …
Ukraine Medical Cannabis Now Available Through 66 Pharmacies, With 180 Points of Sale Registered
Medical cannabis is now available through 66 pharmacies in Ukraine, including 36 state-owned pharmacies and 30 private pharmacies. The figures were announced by Inna Ivanenko, executive director of the Patients of Ukraine Foundation, during a press briefing focused on the rollout of the country’s medical cannabis access system. “As of today, 36 state-owned pharmacies and …
Vireo to Acquire C21 Investments, Expanding Nevada Cannabis Footprint
Vireo Growth Inc. announced today that it has entered into a definitive agreement to acquire C21 Investments Inc., a vertically integrated cannabis company with operations in Nevada. Under the agreement, Vireo will acquire all issued and outstanding common shares of C21, following the conversion of all subordinate voting shares, in an all-share transaction. C21 shareholders …
High Tide to Acquire Four Ontario Cannabis Stores, Secures Approval for C$40 Million Credit Facilities
High Tide Inc. announced today that it has entered into a definitive agreement to acquire four established retail cannabis stores in Ontario from J. Supply Holdings Inc., which operates as Northern Helm, while also securing credit approval for C$40 million in new senior secured credit facilities. The acquisition, valued at $7.74 million, would add stores …
Florida Medical Marijuana Sales Near 10 Billion mg of THC in 2026, Smokable Sales Top 3.3 Million Ounces
According to new data from the Florida Office of Medical Marijuana Use (OMMU), medical cannabis dispensaries have sold around 10 billion milligrams of THC sold so far this year (as of June 12), with smokable marijuana sales surpassing 3.3 million ounces. The latest reports from OMMU show that medical marijuana treatment centers dispensed 418,772,014 milligrams …
Arizona Marijuana Tax Collections Hit Three-Year High in May, Top $123 Million So Far in 2026
Arizona marijuana tax collections reached $26.5 million in May, marking the state’s highest monthly total since May 2023. According to data from the Arizona Department of Revenue, the state reported $26,487,451 in total marijuana tax collections in May. That includes $1,144,824 from medical marijuana transaction privilege tax collections, $9,295,134 from adult-use marijuana transaction privilege tax …
Study: Cannabichromevarin Shows Promise as Potential Antiviral Candidate Against Measles
A new study published in Scientific Reports found that certain minor cannabinoids may have potential as antiviral candidates targeting the measles virus, with cannabichromevarin (CBCV) emerging as the strongest lead. Researchers from Mohammed V University in Rabat and Mohammed VI University of Sciences and Health used computer modeling to examine whether minor cannabinoids could inhibit …
