Category: News

Report: Cannabis Edibles Market Projected to Surpass $54 Billion by 2034, Fueled by Innovation and Expanding Legalization

The cannabis edibles market, valued at $12.3 billion in 2024, is on track to skyrocket to $54 billion by 2034, according to a new industry report. This surge—driven by shifting consumer preferences, growing legalization, and rapid product innovation—represents a compound annual growth rate (CAGR) of 15.9% over the next decade. As more states and countries …

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Missouri Distributes $5.4 Million in Marijuana Funds to Veterans, Public Defenders, and More, Bringing Fiscal Year Total to Above $50 Million

Today, the Missouri Department of Health and Senior Services (DHSS) transferred $5,459,169 in funds generated by Missouri’s adult-use cannabis program to agencies supporting veterans and public offenders, among others. DHSS transfers funds generated by Missouri’s adult-use cannabis program to the following recipient agencies:

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The Complete History of 4/20, the World’s Biggest Marijuana Holiday

April 20, known simply as 420, has become the most recognized holiday in marijuana culture—a day of celebration, protest, and unity. But how did a random number become synonymous with marijuana? The story begins not with politicians or activists—though both now use the 4/20 moniker to push legislation and agendas—but with a group of high …

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Connecticut Marijuana Sales Reach $24.2 Million in March, $70 Million So Far in 2025

Connecticut marijuana retailers brought in $24,247,692 in total sales in March, with $17,702,259 coming from adult-use transactions and $6,545,433 from medical marijuana purchases. In total, 696,424 marijuana products were sold throughout the month, nearly 80,000 more than in February, according to the state’s Department of Consumer Protection. Products were split between 495,889 for recreational customers …

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Florida Department of Health: Medical Cannabis Patients Now Total 907,575, Continuing Steady Growth

According to data released this week by the Florida Department of Health (DOH), there is over 907,000 registered medical cannabis patients in the state. According to the DOH, there is 907,575 patients as of April 8. This marks an increase of 5,009 since March 10, and 7,025 since the beginning of the year. Since April …

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Colorado Garnered Over $56 Million in Marijuana Tax Revenue in First Quarter of 2025

Colorado collected over $18 million in marijuana tax revenue and fees in March, bringing the total for the first quarter of the year to over $56 million, according to data released by the Department of Revenue. The $18,567,384 in marijuana taxes brought in by the state in March brings the total for 2025 to $56,849,469, …

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New York Senate Advances Bill Allowing Parolees and Probationers to Work in Marijuana Industry

A New York bill that would remove restrictions preventing individuals on parole, probation, or other forms of state supervision from working in the marijuana industry has been approved through a second reading in the state’s Senate. Senate Bill 6181, sponsored by Senator Kevin Parker (D), would update state law to ensure that individuals required to …

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Washington Bill Would Establish 50% Tax on Marijuana Products With Over 35% THC

A bill introduced today in the Washington House of Representatives would impose a significantly higher tax on marijuana products with elevated THC levels. Filed by State Representative Lauren Davis (D), HB 2075 would increase the cannabis excise tax on useable marijuana and concentrates that exceed 35% THC from the current 37% to 50%. Products with …

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Montana Legislature Sends Ballot Reform Bill to Governor, Standardizing Local Marijuana Initiatives and Tax Votes

Montana Senate Bill 11, a measure that would standardize how cities and counties handle marijuana-related ballot initiatives and tax proposals, has cleared both chambers of the legislature and been sent to Governor Greg Gianforte for consideration. The measure, introduced by State Senator Forrest Mandeville (R), was officially sent to Governor Greg Gianforte today, following signatures …

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Arizona Lawmakers Unanimously Approve Bill Banning Ultraprocessed Foods in Public Schools, Sending it to Governor Hobbs

Arizona public schools will soon be prohibited from serving ultraprocessed foods during school meals, following the unanimous approval of House Bill 2164 by both chambers of the state legislature. Beginning with the 2026-2027 school year, any Arizona school participating in a federally funded or assisted meal program will be barred from serving, selling, or allowing …

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