Green Thumb Industries has approved a significant expansion of its ongoing share repurchase program, increasing the total authorization to $150 million as the company continues returning capital to shareholders. The move, announced April 23, adds $100 million to an existing program first unveiled in September 2025. Since launching the initiative, Green Thumb has already repurchased …
Category: News
Latest cannabis news covering legalization, legislation, court rulings, business developments, research, sales data, regulatory updates and policy changes across the U.S.
Verano Opens 85th Florida Dispensary With New MÜV Location in Miramar Beach
Verano Holdings Corp. has expanded its Florida footprint once again, announcing the opening of a new MÜV dispensary in Miramar Beach, marking the company’s 85th location in the state and its 162nd nationwide. The new store, located along Highway 98 in Walton County, is set to officially open April 24, becoming the first MÜV dispensary …
Federal Order Moves Some Marijuana to Schedule III, Suggests Potential Retroactive 280E Tax Relief
A newly published federal order from the Drug Enforcement Administration (DEA) makes a targeted shift in marijuana policy, placing FDA-approved marijuana drugs and certain state-licensed medical marijuana activities into Schedule III, while also suggesting that federal officials consider retroactive tax relief under IRS code 280E. The order, issued by the Department of Justice and signed …
Washington D.C. Medical Marijuana Sales Reach $9.3 Million in March as Patient Count Reaches 109,686
Washington D.C.’s medical marijuana market brought in $9,300,768 in sales in March, a new monthly record, according to a report released today from the Alcoholic Beverage and Cannabis Administration. That’s an increase from the $8,521,316 sold in February, and a jump of roughly 57.3% from the $5,913,109 recorded in March 2025. The new report also …
California Bill to Allow Drive-Thru Marijuana Sales Approved by Committee in 17 to 2 Vote
California’s Assembly Business and Professions Committee has given approval to legislation that would allow licensed marijuana stores serve customers through drive-thru windows. Assembly Bill 2697, introduced by Assemblymember Gail Pellerin (D), was approved by the committee in a 17 to 2 vote. The proposal would allow licensed cannabis retailers and storefront microbusinesses to sell marijuana …
Virginia Lawmakers Reject Governor’s Marijuana Sales Rewrite, Sending Bill Back With 30-Day Decision Window
Virginia lawmakers have formally rejected Governor Spanberger’s proposed rewrite of legislation to legalize recreational marijuana sales, sending the measure back to her desk and giving her 30 days to veto it or allow it to become law. The move comes after Spanberger submitted a full substitute for House Bill 642 and Senate Bill 542, rather …
Study Finds CBD and Hemp Seed Oil Improve Jaw Function Over Time in Patients With Myofascial Pain Disorder
Jaw function improved over time in patients with myofascial pain disorder (MPD) who received either cannabidiol (CBD) or hemp seed oil, according to a new clinical trial published in Medical Cannabis and Cannabinoids. The study, conducted by researchers from Columbia University Vagelos College of Physicians and Surgeons and Weill Cornell Medicine, used a randomized, double-blind, …
Poll: 59% of Americans Support Legalizing Recreational Marijuana, 84% Back Medical Cannabis
A new national poll shows a clear majority of Americans continue to support legalizing marijuana, with particularly strong backing for medical use and more mixed views on recreational access. According to the survey of 1,105 U.S. adults conducted April 14 to 16, 59% of respondents said they support making marijuana legal nationwide, including 32% who …
Ohio Marijuana Sales Top $331 Million in 2026, All-Time Purchases Pass $3.7 Billion Across 40.8 Million Transactions
Ohio’s marijuana market continues to grow at a steady pace, with state figures showing $331,833,272 in combined sales in 2026, as of April 11. That includes $49,339,466 in medical marijuana sales and $282,493,806 in non-medical sales so far this year, according to a new report by the Division of Cannabis Control. All-time marijuana sales have …
Federal Report: U.S. Hemp Industry Reaches $739 Million in 2025, Up 64% From 2024
A new federal report (PDF) shows the U.S. hemp industry posted a major rebound in 2025, with total production value climbing to $739 million, an increase of 64% from the previous year. The data, released by the U.S. Department of Agriculture’s National Agricultural Statistics Service, highlights strong growth in both outdoor cultivation and controlled indoor …
