New Jersey has issued a total of 2,305 cannabis business licenses as of May 1, according to data released by the New Jersey Cannabis Regulatory Commission. Of the licenses issued, 1,604 are conditional, 444 are conditional-to-annual conversions, and 257 are full annual licenses. These licenses cover a wide range of operations, including cultivation, manufacturing, retail, …
Category: News
Latest cannabis news covering legalization, legislation, court rulings, business developments, research, sales data, regulatory updates and policy changes across the U.S.
Oklahoma Medical Marijuana Sales Pass $55 Million in May, Bringing 2025 Total to $280 Million, Generating $20 Million in Taxes
Oklahoma’s medical marijuana industry brought in over $280 million in sales during the first five months of 2025, according to newly released data from the Oklahoma Medical Marijuana Authority. From January through May, the state collected $19,609,312 in excise tax revenue from medical marijuana sales. With a 7% tax rate, that equates to approximately $280,133,029 …
Oregon, Michigan and Massachusetts Among Cheapest Legal Cannabis States (as of June 2025)
Cannabis prices continue to vary drastically from state to state, based on a variety of factors. Due to substantial differences in tax rates, regulatory structures and market dynamics, the average cost per gram of dried cannabis flower ranges from just above $3 per gram, to well over $10 per gram, depending on the state. In …
Study: CBD Reverses Memory Impairment and Brain Changes Linked to Schizophrenia-Like Symptoms
A new study published in the journal Brain Research found that the cannabis compound cannabidiol (CBD) reversed memory deficits and brain abnormalities caused by schizophrenia-like conditions in an animal model. In the study, researchers from the University of São Paulo and the University of Saarland used the drug MK-801 to simulate schizophrenia symptoms in rats …
Arizona Marijuana Tax Revenue Tops $24.7 Million in May, Bringing 2025 Total to Over $122 Million
Arizona brought in $24,791,091 in marijuana tax revenue in May, pushing the state’s year-to-date revenue past $122 million, according to new data from the Arizona Department of Revenue. May’s total includes $16.1 million from the 16% excise tax on recreational marijuana, $7.2 million from the Transaction Privilege Tax (TPT) on adult-use sales, and over $1.4 …
Clinical Trial Finds THC:CBD Spray Safe and Feasible for Treating Agitation in Alzheimer’s Patients
A new clinical trial has found that a THC:CBD oral spray may be a safe and practical treatment for agitation in patients with advanced Alzheimer’s disease. Conducted across care homes in the United Kingdom, the randomized, double-blind, placebo-controlled STAND trial evaluated the cannabinoid spray nabiximols (Sativex) as a potential therapy for agitation and aggression linked …
Massachusetts Superior Court Judge Rejects Treasurer’s Effort to Keep Cannabis Commission Firing Records Sealed
A Superior Court judge has denied an attempt by Treasurer Deborah Goldberg to keep the majority of records tied to her firing of former Cannabis Control Commission (CCC) Chair Shannon O’Brien sealed from public view. O’Brien was first suspended in September 2023 and officially removed in September 2024 following two external investigations and nearly 20 …
Finalists Announced for 2025 Business of Cannabis Awards
The shortlist is out for the second annual Business of Cannabis Awards, highlighting standout achievements across Europe’s growing marijuana industry. Set for June 24 in London following the opening day of Cannabis Europa, this year’s ceremony will take place at 83 Rivington Street in Shoreditch. The free-to-enter competition drew a record number of nominations from …
Maine Marijuana Sales Top $20 Million in May, Most Since October, Bringing 2025 Total to Almost $100 Million
Maine’s adult-use marijuana industry recorded $20,716,911 in sales for May, the highest monthly total since October 2024, according to new data released by the Office of Cannabis Policy. The state saw 410,716 marijuana transactions last month, with the average price per gram of flower at $6.67—up slightly from April’s record low of $6.63. Of the …
Study: CBD Slows HPV-Linked Head and Neck Cancer by Boosting Immune Response
A new preclinical study published in Frontiers in Immunology finds that cannabidiol (CBD) may help slow the growth of HPV-positive head and neck squamous cell carcinoma (HNSCC) by activating the immune system and disrupting cancer cell growth. Researchers at the University of California San Diego found that CBD significantly reduced tumor growth in mice with …
Sponsored
