The California Department of Tax and Fee Administration (CDTFA) has released new data on marijuana tax revenue for the fourth quarter of 2025. As of February 18, the agency reports that licensed marijuana retailers generated $255.1 million in total tax revenue for the quarter. That includes $145.5 million in marijuana excise tax and $109.6 million …
Category: News
Connecticut Bill Would Overhaul Marijuana, Hemp and Infused Beverage Rules
A 173-page bill introduced today in the Connecticut House would rewrite large portions of the state’s marijuana code, raise THC limits for some products and create new licenses tied to infused beverages and cannabis extraction.
Trulieve Reports $1.2 Billion in 2025 Revenue, 60% Gross Margin and Record $229 Million in Free Cash Flow
Trulieve Cannabis Corp. reported full-year 2025 revenue of $1.18 billion, essentially flat compared to 2024, while delivering a 60% gross margin and record free cash flow of $229 million.
Connecticut Bill Would Require Marijuana Workers to Receive Full Minimum Wage, Bar Counting Tips Toward Pay
Connecticut lawmakers have filed legislation that would prohibit marijuana businesses from counting tips toward employee wages, requiring all cannabis workers to be paid the full state minimum fair wage.
Green Thumb Reports $311 Million in Q4 Revenue, Up 5% Year-Over-Year, With 2025 Revenue Topping $1.2 Billion
Green Thumb Industries reported fourth quarter and full-year 2025 financial results today, posting record fourth quarter revenue and more than $1.2 billion in revenue for the year despite continued price compression across multiple markets.
New Louisiana Bill Would Establish Recreational Cannabis Pilot Program Through 2030
A new Louisiana bill filed today would authorize the sale of marijuana to everyone 21 and older through a temporary, state-run pilot program that would begin in 2027 and run through 2030.
Clinical Trial: Cannabis-Based Herbal Formula Matches Lorazepam for Chronic Insomnia Relief
A randomized clinical trial published in the Journal of Cannabis Research found that a traditional Thai cannabis-based multi-herbal formulation was just as effective as lorazepam in improving sleep among patients with chronic insomnia.
Study: Vitamin D and CBD Work Together to Suppress Liver Cancer Cell Growth
According to the results of a new study published in the journal Molecular Biology Reports, combining cannabidiol (CBD) with Vitamin D may significantly enhance anti-cancer activity against hepatocellular carcinoma (HCC), one of the deadliest forms of liver cancer worldwide.
Virginia House Approves Medical Cannabis Access Bill for Terminally Ill Patients With 97 to 1 Vote
A proposal to ensure terminally ill patients can continue using medical cannabis while receiving care in hospitals and other health facilities was given approval today by the Virginia House of Delegates.
Wisconsin: 47 Lawmakers File Bill to Legalize Marijuana, Create Regulated Market and Expunge Past Convictions
A coalition of 47 Wisconsin lawmakers filed legislation today to legalize marijuana for everyone 21 and older, establish a regulated cannabis market and allow for the expungement of past marijuana convictions.
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