Aurora Cannabis announced today that it has been named to TIME’s Canada’s Best Companies 2026 list, becoming the first cannabis company to receive the recognition. The annual ranking, compiled by TIME in collaboration with Statista, evaluated Canadian companies with at least US$100 million in revenue and positive three-year revenue growth. Companies were assessed based on …
Category: News
Latest cannabis news covering legalization, legislation, court rulings, business developments, research, sales data, regulatory updates and policy changes across the U.S.
New Mexico Marijuana Sales Reach $46.9 Million in June, First-Half Total Climbs to Nearly $285 Million
New Mexico’s legal cannabis industry generated nearly $47 million worth of cannabis products in June, pushing the state’s total sales for the first six months of 2026 to $285 million. According to newly released data from the New Mexico Cannabis Control Division, total marijuana sales reached $46,937,513.27 in June. Adult-use sales accounted for $37,193,443.20, while …
Virginia Lawmakers Push Back on “Unequivocally False” Claims That Budget Legalized Underage Marijuana Possession
Two Virginia lawmakers are pushing back against what they describe as widespread misinformation claiming that recently enacted state budget language temporarily legalized marijuana possession or distribution by minors. In a joint statement released today, Delegate Paul Krizek (D) and Senator Lashrecse Aird (D) said reports circulating online incorrectly suggested that changes included in the state’s …
Massachusetts Initiative to Repeal Recreational Cannabis Legalization Officially Qualifies for November Ballot
Massachusetts voters will officially decide this November whether to repeal much of the state’s voter-approved marijuana legalization law after election officials certified that the initiative has qualified for the statewide ballot. The Elections Division within the Secretary of the Commonwealth’s Office notified organizers on Thursday that the campaign submitted enough valid signatures during the second …
Gandaki Becomes First Province in Nepal to Approve Medical, Industrial Marijuana Cultivation Bill
A provincial legislature in Nepal has unanimously approved a bill allowing the regulated cultivation of marijuana for medical and industrial purposes, marking a milestone in the country’s ongoing efforts to revive a legal cannabis industry. The measure, passed by the Gandaki Provincial Assembly, establishes a framework for licensing, regulating and overseeing marijuana cultivation within the …
DEA Marijuana Rescheduling Hearing Pauses for Day After Moving Ahead of Schedule
The Drug Enforcement Administration’s (DEA) administrative hearing on the proposed federal rescheduling of marijuana is taking a one-day pause today, with proceedings scheduled to resume tomorrow morning, according to an order issued by the chief administrative law judge. The order, signed July 8 by Chief Administrative Law Judge Derek C. Julius, places the hearing in …
Washington Cannabis Stores Continue to Have Far Higher Youth Compliance Rate Than Alcohol and Tobacco Retailers
Washington marijuana retailers had a substantially higher youth access compliance rate in 2025 than stores selling alcohol or tobacco, according to data from the Washington State Liquor and Cannabis Board’s Youth Access Compliance Checks Dashboard. The dashboard tracks youth access controlled purchase attempts conducted by LCB officers at licensed retail locations selling liquor, cannabis, tobacco …
Missouri Marijuana Sales Reach $129.64 Million in June, First-Half 2026 Total Tops $771 Million
Missouri marijuana retailers sold $129.64 million worth of legal marijuana in June, bringing the state’s total for the first half of 2026 to $771.08 million. The June total includes both medical and adult-use marijuana sales, according to data from the Missouri Department of Health and Senior Services’ Division of Cannabis Regulation. The agency notes that …
AdvisorShares Discloses 6.26% Ownership Stake in Trulieve Following NYSE Uplisting
AdvisorShares Trust has disclosed a 6.26% ownership stake in Trulieve Cannabis Corp., according to a Schedule 13G filing submitted today with the U.S. Securities and Exchange Commission. The filing shows that AdvisorShares beneficially owns 10,641,152 subordinate voting shares of Trulieve. The disclosure is tied to a June 30 event date and lists AdvisorShares as having …
Montana Legal Marijuana Sales Top $27.8 Million in June, Reach $162 Million in First Half of 2026
Legal marijuana sales in Montana reached $27,860,848 in June, bringing the state’s total for the first half of 2026 to $161,993,766, according to data from the Montana Department of Revenue. June’s total includes $25,251,188 in adult-use sales and $2,609,660 in medical marijuana sales. The monthly total was up slightly from May, when dispensaries reported $27,706,021 …
