Federal legislation that would protect state-legal marijuana activity from federal prohibition has gained a new cosponsor for the first time in nearly 11 months. Rep. Troy Carter (D-LA) joined the Strengthening the Tenth Amendment Through Entrusting States 2.0 Act, or STATES 2.0 Act, on Aug. 6, bringing the measure to eight cosponsors. Carter is the …
Category: News
Latest cannabis news covering legalization, legislation, court rulings, business developments, research, sales data, regulatory updates and policy changes across the U.S.
Trulieve Reports $271 Million in Q2 Revenue, $98 Million in Adjusted EBITDA
Trulieve Cannabis Corp. reported $271 million in revenue for the second quarter of 2026, along with $98 million in adjusted EBITDA and a 60% gross margin. The company said 94% of quarterly revenue came from retail sales. Revenue declined 10% from $302 million during the same quarter last year, while adjusted EBITDA decreased 11% from …
Colorado Hemp Executive With Family Ties to Trump Chief of Staff at Center of Push to Delay Federal Hemp Ban
As Congress battles over whether to delay sweeping new federal hemp restrictions, a Colorado hemp executive with family ties to White House Chief of Staff Susie Wiles is drawing increased scrutiny over his role in the effort. Bret Worley, 30, is the CEO of MC Nutraceuticals and a board member of Hemp Industry & Farmers …
U.S. Senator Ted Cruz Backs Senate Funding Bill’s Hemp Language, Calls Short Extension “Common Sense”
U.S. Senator Ted Cruz (R-Texas) says he supports the hemp provisions included in a Senate funding bill that would delay most new federal restrictions on hemp-derived cannabinoid products while allowing a ban on synthetic cannabinoids to take effect as scheduled. “I support the current hemp language in the funding bill,” Cruz said Thursday in a …
Senate Parliamentarian Rules Amendment to Strip Hemp THC Ban Delay Can Pass With 50 Votes
An amendment that would remove a proposed delay to the federal ban on most hemp-derived THC products has been ruled germane by the Senate parliamentarian, clearing the way for it to pass with a simple majority. It could receive a vote as soon as Friday. The amendment, introduced by U.S. Senator Ted Budd (R-N.C.), would …
TerrAscend Reports $67.1 Million in Second-Quarter Revenue, Up 3% From Last Year
TerrAscend reported $67.1 million in net revenue for the second quarter of 2026, an increase of 3.3% from the same period last year and 2.4% from the previous quarter. The company reported revenue of $65 million in the second quarter of 2025 and $65.5 million during the first quarter of this year. Gross profit reached …
Utah Medical Cannabis Sales Reach Record $17.4 Million in July, 2026 Total Tops $117 Million
Utah medical cannabis sales reached a record $17.4 million in July, bringing the state’s total for the first seven months of 2026 to approximately $117.8 million, according to the newest monthly report from the Utah Department of Health and Human Services. The July total, $17,413,900, was based on product-category sales listed in the report. The …
Ohio Marijuana Sales Surpass $4 Billion, Including $1.67 Billion in Adult-Use Purchases
Ohio’s combined medical and adult-use marijuana sales have surpassed $4 billion, according to an updated report released August 6 by the Ohio Division of Cannabis Control. The state has recorded $4,069,854,550 in total marijuana product sales, although the sales figures in the report run through July 11. That includes $1,677,325,528 in adult-use sales since recreational …
New York Governor Signs Bill Expanding Marijuana Microbusiness Role in Showcase Events
New York Governor Kathy Hochul signed legislation Thursday allowing licensed marijuana microbusinesses to take on a larger role in cannabis showcase events. Senate Bill 10113, now Chapter 207 of the Laws of 2026, took effect immediately after being signed on August 6. The measure passed the Senate 47 to 13 and the Assembly 88 to …
California Tax Agency Has Seized $168 Million in Illicit Cannabis and Tobacco Products
California’s tax agency has seized more than $168 million worth of illicit cannabis and tobacco products since 2019, including nearly $22 million during the first half of 2026. Governor Gavin Newsom announced the figures Thursday, highlighting the California Department of Tax and Fee Administration’s role in investigating tax evasion and removing illegal products from retail …
