Federal marijuana trafficking cases have fallen to a historic low, according to newly released data from the United States Sentencing Commission. In fiscal year 2025, 383 people were sentenced federally for marijuana trafficking offenses, down from 471 in 2024, 561 in 2023, 806 in 2022 and 995 in 2021. The total marks a 62% decline …
Maryland Marijuana Sales Reach New Monthly Record With $135 Million Sold in May
Maryland’s legal marijuana market reached a new monthly high in May, with licensed retailers selling roughly $135 million worth of products. According to data from the Maryland Cannabis Administration, adult-use marijuana sales reached $124.24 million for the month, the highest monthly total for the state’s recreational market since sales began. Medical marijuana sales added another …
Trulieve Announces $50 Million Share Repurchase Program
Trulieve Cannabis Corp. announced today that its Board of Directors has authorized a share repurchase program allowing the company to buy back up to $50 million worth of its subordinate voting shares. Under the program, Trulieve may repurchase up to the lesser of $50 million in aggregate value or 8,495,038 subordinate voting shares, which represents …
President Trump Nominates Todd Blanche as Permanent Attorney General After Interim Role Overseeing Marijuana Rescheduling Order
President Trump has formally nominated Todd Blanche to serve as U.S. Attorney General, after Blanche has spent months leading the Justice Department in an interim capacity. The nomination was sent to the U.S. Senate today, with the White House listing “Todd Blanche, of Florida, to be Attorney General.” Blanche has been serving as acting attorney …
Cannabis Use Linked to Reduced Inflammation-Related Proteins in People With HIV, Study Finds
A new study published by Brain, Behavior, & Immunity found that cannabis use was associated with reduced levels of several inflammation-related proteins among people living with HIV. Researchers from Radboud University and Radboudumc in the Netherlands, the Helmholtz-Centre for Infection Research and Hannover Medical School in Germany, Erasmus University Rotterdam, OLVG Amsterdam, Tilburg’s Elisabeth-Tweesteden Ziekenhuis, …
Report: CBD Isolate Market Projected to Grow From $3.2 Billion to $9.2 Billion by 2033
The global CBD isolate market is projected to reach $9.2 billion by 2033, up from $3.2 billion in 2025, according to a new report from Verified Market Research. The report projects the market will grow at a compound annual growth rate of 14.2% during the forecast period, driven by increasing demand for high-purity CBD ingredients …
New Mexico Marijuana Sales Reach $48.7 Million in May, Bringing 2026 Total to Nearly $250 Million
New Mexico’s legal marijuana market sold $48,733,374.96 worth of products in May, bringing the state’s total for 2026 to nearly $250 million. According to data from the state’s Cannabis Control Division, adult-use marijuana sales accounted for the large majority of May’s total, with $38,651,095.94 in purchases. Medical marijuana sales reached $10,082,279.06 for the month. In …
Three D.C. Medical Cannabis Bills Scheduled for Public Hearing July 2
Three separate medical cannabis bills have been scheduled for a public hearing on July 2 in Washington D.C., including measures to extend conditional license timelines, create a retailer craft preparation endorsement and allow certain alcohol manufacturers to produce nonalcoholic medical cannabis beverages. The proposals—B26-0346, B26-0259 and B26-0654—were all introduced at the request of Mayor Muriel …
California Regulators Adopt Emergency Rules Allowing Marijuana Retail Licenses to Be Split Ahead of Federal Rescheduling Deadline
California’s Department of Cannabis Control has adopted emergency regulations allowing certain marijuana retailers to separate their adult-use and medical license designations in response to federal rescheduling. The emergency rules apply to licensees currently authorized to conduct retail activity under a combined adult-use and medicinal-use license, known as an A- and M-designated license. Under the new …
TerrAscend Schedules Shareholder Vote for Potential U.S. Uplisting, Chairman Says It’s “No Longer a Question of If”
TerrAscend Corp. has scheduled a special meeting of shareholders as the company prepares for a potential uplisting to a major U.S. stock exchange. The company announced today that it has filed notice to hold the special meeting on August 24, with shareholders set to vote on a proposed consolidation of TerrAscend’s common shares. The record …
