Maine’s adult-use marijuana market brought in $20,688,125 in June, keeping sales nearly identical to June 2025 despite a notable drop in prices. According to data from the Maine Office of Cannabis Policy, licensed retailers recorded 425,839 transactions in June, with the average price per gram of marijuana flower at $6.04. The June total is just …
High Tide Adopts Shareholder Rights Plans to Maintain Cannabis License Compliance and Protect Investors
High Tide Inc. announced today that its board of directors has approved the adoption of two shareholder rights plans designed to help the company remain compliant with cannabis laws in Canada while also protecting shareholders in the event of an unsolicited takeover attempt. The Calgary-based cannabis retailer, which trades as HITI on the Nasdaq and …
Curaleaf Resumes Trading Under CURLF Following Completion of Reverse Split Transition Period
Curaleaf Holdings announced today that its subordinate voting shares have resumed trading under the OTC trading symbol CURLF, following the completion of a temporary transition period tied to the company’s recent reverse stock split. Curaleaf, which trades on the Toronto Stock Exchange under the symbol CURA and on the OTCQX Best Market, said the return …
Massachusetts Marijuana Sales Top $800 Million in 2026, Generating $125 Million in Tax Revenue
Massachusetts’ marijuana market has sold over $800 million worth of legal product so far in 2026, generating $125 million in tax revenue, according to new data from the Cannabis Control Commission. As of June 14, adult-use marijuana sales in Massachusetts totaled approximately $740 million for the year, while medical marijuana sales reached $64.7 million. Combined, …
D.C. Council Holds Public Hearing on Four Medical Cannabis Bills
The D.C. Council recently held a public hearing covering four different medical cannabis-related proposals, including one that would allow alcohol manufacturers to produce medical cannabis beverages and one to extend conditional medical cannabis licenses. The hearing, held by the Committee of the Whole and chaired by Council Chairman Phil Mendelson (D), focused on B26-0259, B26-0346, …
Cannabis Terpenes Enhance THC’s Activation of Cannabinoid Receptors, Study Finds
A study published online today by Biochemical Pharmacology found that several cannabis terpenes enhance how THC activates the body’s cannabinoid receptors, offering new insight into how different cannabis compounds may work together. The study was conducted by researchers from The Open University of Israel. Terpenes are best known for giving cannabis its aroma and flavor, …
Women of Childbearing Age View Marijuana as Relatively Safe During Pregnancy, With 25.9% of Previously Pregnant Participants Reporting Prenatal Use
A new study published by the Journal of Cannabis Research found that many women of childbearing age perceive marijuana as relatively safe to use during pregnancy, particularly for managing symptoms such as nausea, anxiety, sleep issues and pain. For the study, researchers at the University of Connecticut recruited a national U.S. cohort of 622 women …
THC and CBD May Help Reduce HIV-Related Neuroinflammation, Michigan State University Study Finds
Researchers from Michigan State University report that THC and CBD may help reduce certain inflammatory processes tied to HIV-associated neurocognitive disorders, according to a new study published by the Journal of Neuroimmune Pharmacology. The study focused on CD16+ monocytes, a small subset of immune cells that researchers say play an outsized role in neuroinflammation linked …
Recreational Marijuana Legalization Linked to Lower Personal Bankruptcy Rates, Study Finds
A study published July 4 by Finance Research Letters found that recreational marijuana legalization is associated with a reduction in personal bankruptcy rates, with researchers pointing to lower marijuana arrest rates as a likely contributing factor. Using state-level data from all 50 states and Washington, D.C., from 2001 to 2024, researchers from Shenzhen University examined …
New York Cannabis Board Approves 24 New Licenses, Updates Medical Marijuana Regulations Including Expanded Possession Limits and Out-of-State Patient Access
New York regulators have approved 24 new adult-use marijuana licenses while adopting updated rules for the state’s medical cannabis program, including expanded possession limits, longer patient certifications and access for visiting out-of-state patients. The Cannabis Control Board approved the actions during its July 2 meeting, bringing the total number of adult-use licenses issued statewide to …
