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The Downward Trend in Cannabis Tax Revenues

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January 27, 2025

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The Downward Trend in Cannabis Tax Revenues

“]] Prices are low, growers keep quitting, and it’s “not very positive,” Santa Barbara County officials say. Read More

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City of Byron applies for weed dispensary
by Brandon Antony on February 22, 2025
It's been in the works for awhile now. A municipal cannabis dispensary in Byron. And now it's finally coming to fruition.
Local entrepreneurs roll out crypto fix for cash-only cannabis dispensaries
by Steve Neavling on February 21, 2025
$5 ATM transaction fees are a costly and inconvenient feature in an industry that doesn’t take credit cards. Could cryptocurrency be the solution?
Nassau County residents sound alarm over marijuana shop opening on Queens border
by Chanteé Lans on February 20, 2025
Just across a bustling Union Turnpike in bordering New Hyde Park under the town of North Hempstead, cannabis shops are not allowed.
Best Online Dispensary: Where to Buy Premium Weed on a Budget
by RiponPress.com on February 19, 2025
Switching from a brick-and-mortar store to an online dispensary can be a game-changer for cannabis fans, allowing you to get the best THC products available delivered directly to your door.
Phillipsburg Gets Set for Second Cannabis Shop: Broad Street Buds Approved by Town Council
by TAPinto on February 18, 2025
Discover Phillipsburgs newest cannabis retailer, Broad Street Buds LLC, approved for recreational sales. Explore our thriving cannabis community!
Minnesota cannabis agency starts accepting applications for pot businesses
by Matt DeLong on February 18, 2025
Weeks after a preapproval license lottery was canceled, applications open for numerous business licenses in Minnesota's fledgling legal cannabis industry.
Ohio weed costs double Michigan's, but lawmakers want to make it even more expensive
by Morgan Trau on February 17, 2025
Marijuana in Ohio costs more than double that of Michigan, yet state lawmakers want to make it even more expensive and less potent.
Best Online Dispensaries: Top 10 Weed Vendors You Can Count On
by Saint Albans Messenger on February 17, 2025
Even if your state hasn’t legalized weed, you likely still have access to online dispensaries with hemp-derived THC products.
New bill could speed up approvals for cannabis dispensaries
by Asbury Park Press on February 17, 2025
Only about a third of New Jersey’s 564 municipalities allow cannabis businesses, and some of those towns limit sales to medical cannabis only.
Delaware marijuana industry in background check phase; new licensees still starting up
by Shane Brennan on February 17, 2025
Delaware's leading marijuana industry advocates are concerned about whether existing medical businesses will have a head start on new licensees.
Recreational marijuana sales remain high six months after legalization
by Aaron Payne on February 16, 2025
CINCINNATI (The Ohio Newsroom) -- In November of 2023, Ohio became the 24th state to vote to legalize adult-use cannabis. In August of 2024, dispensaries across the state began recreational marijuana
N.J. bill would let medical marijuana dispensaries sell recreational weed without town approval
by Sophie Nieto-Munoz, New Jersey Monitor on February 15, 2025
The legislation aims to speed up the state's cannabis market expansion, but could face pushback from municipalities that opted out of recreational sales.
Recreational marijuana is legal in Colorado Springs: the reaction and legal limitations
by Maggie Bryan on February 15, 2025
After a ruling by a judge on Thursday, the legal saga over recreational marijuana in Colorado Springs is over.
Dispensary owner fuming over proposed marijuana tax hike to fund road repairs
by Randy Wimbley on February 14, 2025
Governor Gretchen Whitmer introduced a $3 billion road repair funding plan that would include a tax increase on marijuana that would generate about $470 million.
Whitmer’s plan to hike cannabis taxes would wreck Michigan’s industry
by Steve Neavling on February 14, 2025
Consumers will pay more and marijuana businesses will shut down, industry insiders say
How much will it cost to buy weed in Kentucky? Cannabis experts share predictions
by Marina Johnson on February 14, 2025
How much will marijuana cost in Kentucky when medical dispensaries open? Cannabis experts share thoughts on consumer prices and costs.
New Jersey Medical Marijuana Dispensaries Could Enter Recreational Market Without Local Approval Under Senate President’s Bill
by Marijuana Moment on February 13, 2025
“They’re trying to circumvent the home rule issue so that they don’t have to go back for municipal approval.” By Sophie Nieto-Muñoz, New Jersey Monitor A new New Jersey bill would allow medical cannabis dispensaries to begin selling recreational weed without municipal approval, a sign that state lawmakers are seeking to push back on some
Questa's first cannabis dispensary offers organic flower, 'fresh-squeezed marijuana'
by Olivia Lewis on February 12, 2025
The Village of Questa will soon have its first cannabis dispensary, Yerba Cannabis Company. The dispensary is slated to open April 1, said Michael Nezi, a longtime cannabis entrepreneur and
Naked Oregon man wounded by exploding weed pen, lawsuit claims
by Zane Sparling | The Oregonian/OregonLive on February 11, 2025
The superheating pen spurred a $230,000 lawsuit against a Eugene pot shop and a manufacturer.
White Earth to open first recreational marijuana dispensary off tribal land in Moorhead
by Kim Hyatt on February 7, 2025
The tribe is close to a compact agreement with the Minnesota Office of Cannabis Management that would govern the expansion of its Waabigwan Mashkiki stores. It also plans top open a dispensary in St. Cloud in spring.

Eaze Cannabis workers secure union contract after corporate turmoil, pay cuts
by Adam Jackson on February 21, 2025 at 10:19 pm
The new agreement includes retroactive raises following company restructuring that slashed employee wages. The post Eaze Cannabis workers secure union contract after corporate turmoil, pay cuts appeared first on Green Market Report.
Michigan to distribute nearly $100M in cannabis tax revenue to municipalities, tribes
by Dustin Walsh on February 21, 2025 at 9:39 pm
While Detroit will receive the largest share, Monroe Township will receive enough to cover roughly 20% of its annual budget. The post Michigan to distribute nearly $100M in cannabis tax revenue to municipalities, tribes appeared first on Green Market Report.
Compressed coco coir supply chain delays cause headaches for cultivators
by RX Green Technologies on February 21, 2025 at 9:00 pm
Extreme weather patterns, labor disruptions and container shortages have stretched overseas shipping times. The post Compressed coco coir supply chain delays cause headaches for cultivators appeared first on Green Market Report.
BC Bud Corp. to pivot from cannabis, change name to Digital Commodities
by Adam Jackson on February 21, 2025 at 8:59 pm
The firm will shift its focus to digital assets, cryptocurrencies and resource companies while maintaining its existing cannabis operations. The post BC Bud Corp. to pivot from cannabis, change name to Digital Commodities appeared first on Green Market Report.
Canadian cannabis sales break half-billion mark in December
by Adam Jackson on February 21, 2025 at 7:09 pm
Holiday shoppers drove record sales amid steady market expansion. The post Canadian cannabis sales break half-billion mark in December appeared first on Green Market Report.
MICROFLOW FAMILY OF DUCTLESS WORKSTATIONS
on February 21, 2025 at 5:34 pm
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Colorado issues first psilocybin business permits
by John Schroyer on February 21, 2025 at 5:11 pm
The state's Natural Medicine Division approved seven applications on Thursday. The post Colorado issues first psilocybin business permits appeared first on Green Market Report.
UFCW Secures 3-Year Union Deal for Eaze Cannabis Workers
on February 21, 2025 at 4:19 pm
The United Food and Commercial Workers Union aims to provide stability and protection for nearly 500 Eaze workers through four local chapters.
Kentucky medical cannabis program generates $27.5M in application fees
by Adam Jackson on February 21, 2025 at 3:59 pm
State officials plan to use funds for staffing and IT infrastructure as the program takes shape. The post Kentucky medical cannabis program generates $27.5M in application fees appeared first on Green Market Report.
New Hampshire House Passes Adult-Use Legalization Bill Absent of Licensed Program
on February 21, 2025 at 3:51 pm
The legislation would legalize cannabis use and possession for those 21 years and older but omits a marketplace for cultivation and dispensary sales.
Aurora Cannabis Expands Medical Cannabis Pastille Offerings in Australia
on February 21, 2025 at 1:28 pm
The Canadian-based medical cannabis company is broadening its product portfolio to the growing market in Australia.
How Climate Change Can Hurt Cannabis Crops, Bottom Lines
on February 21, 2025 at 1:04 pm
As global temperatures rise, temperamental weather systems are damaging crops with wildfire smoke and drought, leading cannabis cultivators to face several complex challenges.
Innovative Industrial execs offer warning for cannabis tenants in wake of PharmaCann deal
by Adam Jackson on February 21, 2025 at 5:00 am
The cannabis real estate firm said it will get tough on defaults and demand action in exchange for rent cuts. The post Innovative Industrial execs offer warning for cannabis tenants in wake of PharmaCann deal appeared first on Green Market Report.
New Jersey adopts new cannabis testing standards
by John Schroyer on February 20, 2025 at 10:11 pm
In addition to changes in batch sizes and allowable levels, the commission will require labs to also test levels of THCA, CBDA, CBG, CBGA and CBN on top of THC and CBD. The post New Jersey adopts new cannabis testing standards appeared first on Green Market Report.
South Dakota legislature blocks attempt to dismantle medical cannabis program
by Adam Jackson on February 20, 2025 at 8:08 pm
A Republican-led effort to substantially restrict the state's voter-approved medical marijuana program failed in committee. The post South Dakota legislature blocks attempt to dismantle medical cannabis program appeared first on Green Market Report.
US Congressman’s Bill Would Provide Veterans Access to Cannabis From VA Doctors
on February 20, 2025 at 3:48 pm
Florida Republican Brian Mast reintroduced the Veterans Equal Access Act to allow government health care providers to recommend medical cannabis.
Trulieve Opening 5th Ohio Dispensary in Columbus
on February 20, 2025 at 1:40 pm
The cannabis company’s new Franklin County retail location will host a grand opening celebration on Feb. 21.
Due Diligence Horticulture (DDH) Expands Research Capabilities
on February 19, 2025 at 1:03 pm
Due Diligence Horticulture and Silver State Cultivation partner to enhance client-driven research initiatives.
Verano Opening 80th Florida Dispensary in North Miami Beach
on February 19, 2025 at 1:00 pm
The MÜV medical cannabis facility is the company’s 153rd retail location nationwide.
California Bill Aims to Repeal Cannabis Excise Tax Increase
on February 19, 2025 at 8:13 am
The legislation would block the current 15% retail tax from automatically jumping to 19% on July 1.
Decibel Expands General Admission Brand's International Footprint
on February 18, 2025 at 1:29 pm
The company’s supply agreement and trademark license agreement with Keren Tirk Ltd. Will provide the brand’s dried flower to distribute in Israel.
Advanced Flower Capital Provides $15 Million Senior Secured Credit Facility to Story Ohio
on February 18, 2025 at 1:15 pm
The funding supports Story Companies’ continued expansion in Ohio’s growing adult-use market.
HYTN, A1 Cannabis Partner to Scale Production of Cannabis Products
on February 18, 2025 at 1:02 pm
Through the collaboration, the companies plan to expand their presence in the cannabis beverage market, while A1 transitions its portfolio from Tilray.
Doctors Ask US Appellate Court for Redo in DEA’s Selections for Cannabis Rescheduling Participants
on February 18, 2025 at 8:23 am
Doctors for Drug Policy Reform argues the DEA’s selections were arbitrary and capricious, providing ‘cure letters’ as evidence of ex parte communications.
Terrapin Opens 2nd Medical Cannabis Dispensary in Pennsylvania
on February 14, 2025 at 1:51 pm
The company’s new retail facility in Lewisburg will host a grand opening on Feb. 20.

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Cannabis in Vehicles: Illinois law could be coming
by 13 WREX on February 24, 2025
A bill moving through the Illinois Senate could stop police from searching a vehicles based on the smell of burnt or raw cannabis for people 21 or older.
Medical Cannabis Bringing Relief To Minnesota Pain Patients
by Gillian Jalimnson on February 23, 2025
Minnesota Office of Cannabis Management report indicates many patients experiencing pain relief through the use of medical cannabis.
Cannabis farm worth £400k found near Bedale after power cut
by bbc.com on February 23, 2025
Two people have been charged after police dismantled the farm at a premises near Bedale.
Too much fungus among us? Mass. marijuana workers grapple with moldy cannabis concerns
by Morgan Rousseau on February 23, 2025
Underreported mold levels, lab shopping, and fear of retaliation among concerned cannabis workers are boiling behind the scenes of Massachusetts' marijuana industry.
Chef arrested after Hong Kong police find HK$13 million in cannabis buds
by South China Morning Post on February 23, 2025
Suspect is scheduled to appear at Kwun Tong Court on Monday to face one charge of drug trafficking.
CANNABIS CASH: County to get $932,000 from marijuana taxes
by Peter Kobs pkobs@record-eagle.com on February 23, 2025
TRAVERSE CITY — Cannabis tax money keeps rolling in for county and municipal governments.
Big Cannabis Companies Are Set to Report Q4 Financials
by Alan Brochstein, CFA on February 23, 2025
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our... #ACB #AuroraCannabis #CannabisREIT
NDLEA arrests Thai woman with 46kg of cannabis at Lagos airport
by Deborah Sanusi on February 23, 2025
A 24-year-old Thai national, Ms Pattaphi Wimonnat, has been arrested by operatives of the National Drug Law Enforcement Agency while attempting to smuggle 43 parcels of Canadian Loud, a synthetic strain of cannabis, weighing 46.60 kilograms, into Nigeria.

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The Downward Trend in Cannabis Tax Revenues

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Massachusetts Marijuana Regulators Give Businesses More Time To Settle Host Community Agreement Conflicts With Towns

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Massachusetts Marijuana Regulators Give Businesses More Time To Settle Host Community Agreement Conflicts With Towns

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Cannabis farm worth £400k found near Bedale after power cut

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