Mar 24 2025
Maryland lawmakers, in collaboration with Governor Wes Moore, have unveiled a sweeping budget framework that includes over $1 billion in tax increases—one of the most controversial being a significant hike in marijuana taxes. The agreement, part of a broader plan to address a $3 billion budget deficit for fiscal year 2026, includes a staggering 33% …
Mar 24 2025
The price of cannabis differs significantly across the 21 states with legal recreational markets. Here, we explore the states with the lowest average costs per gram of dried flower. Variations in tax rates, regulations, and other factors contribute to the wide range of cannabis prices from state to state. Using data from state regulatory agencies—and …
Mar 23 2025
A new bill introduced today in the Minnesota Senate would allow licensed marijuana retailers to provide free samples at cannabis-related events. Senate Bill 2890 was filed with bipartisan support by Senator Zach Duckworth (R) and Senator David Dibble (D). The bill was formally introduced and referred to the Senate Commerce and Consumer Protection Committee. Under …
Mar 23 2025
A congressional proposal to prevent marijuana businesses from accessing standard tax deductions—regardless of whether marijuana is federally rescheduled—has now garnered 11 sponsors across both chambers of Congress. In the House of Representatives, the bill—introduced last month by Representative Jodey Arrington (R-TX)—gained its ninth sponsor on Friday, with Representative Adrian Smith (R-NE) signing on. The legislation, …
Mar 22 2025
The Alabama Court of Civil Appeals has struck down four additional temporary restraining orders (TROs) that had been placed against the Alabama Medical Cannabis Commission (AMCC), delivering another legal victory for the agency as it works to implement the state’s medical marijuana program. In a unanimous ruling issued Friday, the appellate court instructed Montgomery County …
Mar 21 2025
A bill that would remove Washington’s residency requirement for marijuana license holders is scheduled for a public hearing in the House Committee on Finance at 8:00a.m. on March 25. House Bill 2037 was filed last week by State Representative Melanie Morgan (D). The proposal would “modernize adult use cannabis laws” by eliminating the requirement that …
Mar 21 2025
The global psychedelic mushrooms market is projected to more than double over the next seven years, growing from an estimated $1.5 billion in 2024 to $3.3 billion by 2031. That’s according to a new report by Persistence Market Research, which forecasts a compound annual growth rate (CAGR) of 10.3% through 2031, up from a historical …
Mar 21 2025
A bipartisan group of six North Carolina lawmakers introduced House Bill 468 yesterday, a comprehensive measure that would regulate the sale, distribution, manufacturing, and labeling of kratom products throughout the state. Filed by Representative Jeff McNeely, the bill establishes a comprehensive licensing and regulatory framework for kratom, an herbal substance derived from the Mitragyna speciosa …
Mar 21 2025
Oklahoma medical marijuana dispensaries sold over $56.2 million worth of product in February, according to data released by the Oklahoma Medical Marijuana Authority (OMMA). The sales generated $3,937,092 in tax revenue for the state, based on Oklahoma’s 7% excise tax on medical marijuana. When combined with January’s data, the state has made $8,125,709 in taxes …
Mar 21 2025
A proposal to provide free community college in certain parts of Illinois using marijuana tax revenue was referred to the Rules Committee today. Filed in January by State Representative Rita Mayfield (D), House Bill 1170 would amend the state’s Public Community College Act to require the Illinois Community College Board to develop and maintain a …
