Montana Cannabis Sales Top $26 Million in November, Pushing Year-to-Date Total to $300 Million

Montana’s marijuana industry closed out November with another strong showing, continuing the steady pace that has defined the market throughout 2025. The state recorded $26,639,158 in combined marijuana sales for the month, marking the ninth consecutive month in which total revenue exceeded $25 million.

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Safe Harbor Financial Announces “Major Banking Win” With Canopy HR, Launches New Cashflow Tool for Cannabis Businesses

Safe Harbor Financial has secured a deal with Canopy HR that will expand its footprint in the cannabis banking sector, while also announcing a new cashflow tool for cannabis businesses. The Denver-based financial-services provider announced that Canopy HR, one of the largest payroll processors serving marijuana businesses, has selected Safe Harbor to handle nearly all …

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New Jersey Senate Committee Advances Bill Overhauling Cannabis Commission Rules and Expanding Dispensary Licensing

A proposal that would restructure how New Jersey regulates medical and adult-use marijuana was given approval today by the Senate Budget and Appropriations Committee in a vote of 9 to 1 vote (with three abstentions). The bill, introduced last month by Senator Nicholas Scutari’s (D), would redraw several internal rules for the Cannabis Regulatory Commission …

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New York Governor Forces Out Cannabis Director Amid Enforcement Turmoil

Governor Kathy Hochul has removed Felicia Reid from her post as acting executive director of the New York State Office of Cannabis Management. The move is seen as a sudden shakeup prompted by the agency’s handling of enforcement efforts against unlicensed marijuana operators. Reid, who has led the office since June 2024, was asked to …

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Study: Tailored Full-Spectrum Marijuana Extracts Linked to Broad Benefits for Women With Chronic Pain

A new study in Frontiers in Pharmacology finds that full-spectrum marijuana extracts, used with flexible, individualized dosing, were associated with broad improvements for women living with chronic pain syndromes. The research team from Centro Universitário Unieuro, the State Secretariat of Education of the Federal District and the University of Brasilia analyzed outcomes for 29 Brazilian …

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New Study Unveils High-Precision Technique for Testing Cannabinoids in Oils and Flower

A team of researchers from Brazil has developed a highly sensitive lab method that could help regulators and producers more accurately measure key cannabinoids in marijuana oils and dried flower. They team from the Federal University of Espírito Santo reports their findings in a study published by ACS Omega.

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Maine Marijuana Sales Reach $230 Million in 2025 as Prices Reach New All-Time Low in November

Maine’s adult-use marijuana market posted steady gains in November even as prices continued their sharp downward slide, with the state hitting a new all-time low for the average price of bud and flower. According to new data from the Office of Cannabis Policy, retailers reported $19.19 million in November sales, generated across more than 381,000 …

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Study: Cannabis-Based Medicines Linked to Long-Term Quality-of-Life Improvements in Multiple Sclerosis Patients

A study from researchers at Imperial College London and Kings College London reports that people living with multiple sclerosis (MS) experienced sustained improvements in quality of life after beginning treatment with cannabis-based medicinal products, with benefits observed for up to two years. Published in the journal Medical Cannabis and Cannabinoids and published online by the …

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Michigan Judge Rules New 24% Marijuana Wholesale Tax Can Take Effect January 1

Judge Sima Patel of the Michigan Court of Claims issued a decision today denying industry groups’ request to pause Michigan’s new 24% wholesale marijuana tax, clearing the way for it to take effect January 1. The ruling delivers an early win for Governor Gretchen Whitmer, who initially proposed the tax increase.

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Trulieve Retires $368 Million in Senior Secured Notes as Company Continues Financial Restructuring

Trulieve Cannabis Corp. has retired the remaining US$368 million in senior secured notes due in 2026, a move that marks one of the company’s largest recent financial transactions and further streamlines its balance sheet heading into 2026. The company confirmed via press release that it redeemed the full principal amount of its 8.0% senior secured …

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