Cannabis companies still standing after reset ‘well positioned to thrive’

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June 20, 2025

The correction the cannabis industry has experienced over the past five years has reset expectations and valuations to rational levels. The correction the cannabis industry has experienced over the past five years has reset expectations and valuations to rational levels. Read More

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Here’s Where To Buy Legal Recreational Marijuana In Delaware Next Month
by Marijuana Moment on July 6, 2025
All seven medical marijuana operators have converted to adult-use cannabis sales, with over 10 locations, which will be up and running in August. By Brianna Hill, Spotlight Delaware Delaware will begin recreational marijuana sales on August 1, state officials announced Tuesday, putting the first definitive date on the start of a long-awaited rollout for the
Texas Medical Marijuana Industry Wants Lawmakers To Ban Synthetic Delta-8 THC And Restrict Hemp Products To Adults
by Marijuana Moment on July 5, 2025
“Medical marijuana and hemp can co-exist in Texas, if it’s done responsibly.” By Stephen Simpson, The Texas Tribune Texas’s medical marijuana dispensaries entered into this year’s legislative session with a two-prong strategy to expand: to loosen the state’s rules on their industry that has made the program largely inaccessible to those who need it and
Texas hemp industry backs Abbott's call for regulation after THC ban vetoed
by Julianna Duennes Russ on July 5, 2025
Gov. Greg Abbott’s veto of Senate Bill 3 means dispensaries can keep their doors open — for now. Their future now hinges on a special session this month.
As Thailand does U-turn on legal cannabis, businesses scramble to survive
by Zsombor Peter on July 2, 2025
Government says decriminalisation fueled social ills, but producers argue new rules will only push industry underground.
White Earth Nation opens cannabis dispensary in St. Cloud with plans for more across state
by Jason Rantala on July 2, 2025
St. Cloud cannabis dispensary opens to eager customers
by Mathew Holding Eagle III on July 2, 2025
The White Earth nation opened the state’s second adult-use cannabis dispensary outside tribal lands Wednesday in St. Cloud. Lines snaked around the building.
Buyers line up at St. Cloud weed dispensary on opening day
by Jenny Berg on July 2, 2025
St. Cloud, MN's Waabigwan Mashkiki, the White Earth Band of Chippewa cannabis business, is the tribe's second off-reservation, at the former LeafLine medical dispensary.
New cannabis tax increase is a high concern for California dispensaries, customers
by Will Conybeare,Omar Lewis on July 2, 2025
Several new laws went into effect in California this week, including a 4% bump in the state’s cannabis tax rate. As of Tuesday, the excise tax rate on marijuana is now 19%, up from 15%. An ex…
Cannabis giant plans to close 20 dispensaries in Michigan, citing harsh market conditions
by Steve Neavling on July 2, 2025
TerrAscend Corp. plans to close all of its retail, cultivation, and processing sites
New Jersey Officials Are Now Accepting Marijuana Consumption Lounge Applications From All Dispensaries
by Kyle Jaeger on July 2, 2025
New Jersey regulators are now accepting applications to operate cannabis consumption lounges from all licensed marijuana dispensaries. As of Wednesday, the New Jersey Cannabis Regulatory Commission (NJ-CRC) has opened its portal for prospective licensees to receive “consumption area application endorsements,” from “all Class 5 retail operators.” In January, officials first started accepting applications from social
Chafing under medical marijuana changes
by Bangkok Post Public Company Limited on July 2, 2025
Small business owners and employees in cannabis shops have raised concerns about the abrupt regulatory changes on the use of cannabis and their economic impact.
New marijuana dispensary opening in MN, licensing remains bumpy
by Corin Hoggard on July 1, 2025
The recreational marijuana market is expanding slowly in Minnesota, with a new recreational dispensary set to open this week.
How the Legalization of Marijuana Has Helped One Local Cannabis Dispensary Blossom
by Michael White on July 1, 2025
According to the New York State Department of Health, nearly 2 million state adults reportedly used cannabis in 2023.
Delaware will launch recreational marijuana market Aug. 1
by Cris Barrish on July 1, 2025
Retail weed will be available first at 13 medical dispensaries that received conversion licenses. Thirty other retail stores are in the pipeline.
DeSantis Signs Bill To Strip Florida Medical Marijuana Cards From People With Drug Convictions
by Ben Adlin on July 1, 2025
Some medical marijuana patients and caregivers in Florida could see their state cannabis registrations revoked under a bill signed into law by Gov. Ron DeSantis (R) this week. DeSantis on Monday signed SB 2514, a broad budget bill that touches on cancer, dentistry and other health-related matters. But it also contains a provision that directs
St. Cloud’s First Recreational Marijuana Dispensary Opens Wednesday
by Grant Dossetto on July 1, 2025
(KNSI) - After some delays, the White Earth Nation is ready to light the flame on its new cannabis dispensary ...
St. Cloud recreational cannabis dispensary opens Wednesday
by Trent Abrego on July 1, 2025
White Earth Nation's Waabigwan Mashkiki will open Wednesday, July 2, inside the strip mall at 141 33rd Ave. S. in St. Cloud. It will be the city's first recreational cannabis dispensary.
‘This tax could kill this industry.’ California cannabis operators brace for increase
by Tuesday, July 1, 2025 | Sacramento, CA on July 1, 2025
California’s excise tax on legal weed is increasing, despite efforts to keep it lower to help the struggling industry. Lawmakers left it out of the state budget they passed Monday.
Texas medical marijuana industry to push for hemp age restrictions an…
by By Stephen Simpson on July 1, 2025
Medical program leaders want a ban on synthetic delta-8 THC, which makes up the bulk of consumable hemp products.
New Mexico amps up cannabis enforcement by hiring new weed cops
by Patrick Lohmann on June 30, 2025
There are as many as 40 dispensaries in Sunland Park, N.M., a town with one grocery store, according to State Sen. Joseph Cervantes.

5 Ways Dispensaries Can Build Momentum Around 7/10
on July 7, 2025 at 11:28 am
The July 10 cannabis holiday, known as Oil Day, can be a seasonal campaign that extends through August, when oil sales grow stronger.
Exclusive: Slipknot’s Sid Wilson Proposes to Kelly Osbourne During Ozzy’s Farewell Show
by C. Divinci on July 6, 2025 at 5:16 pm
Yesterday in front of Ozzy Osbourne, Sharon, and their rock royalty friends Sid Wilson, Slipknot’s longtime DJ and… The post Exclusive: Slipknot’s Sid Wilson Proposes to Kelly Osbourne During Ozzy’s Farewell Show first appeared on High Times.
The Pages That Raised Us: High Times Is Home Again
by Javier Hasse on July 6, 2025 at 3:19 pm
After a silent period, High Times is back. A personal reflection on the magazine that shaped a movement and the return of its untamed spirit. The post The Pages That Raised Us: High Times Is Home Again first appeared on High Times.
A Brief History of Getting High
by Tim Brinkhof on July 5, 2025 at 8:14 pm
Several ancient societies burned hemp during funeral ceremonies. What better way to part with the dead than by getting hella faded? The post A Brief History of Getting High first appeared on High Times.
From the Vault: Will Success Spoil Cheech & Chong? Of Course (1980)
by High Times on July 4, 2025 at 7:38 pm
Who was that sinister, torpedolke figure seen herding Richard “Cheech” Marin and Tommy Chong into a glossy, opiumblack limousine on fashionable Sepulveda Boulevard? Stunned onlookers, witnessing the evident abduction, set all Tinsel Town abuzz with rumors. The post From the Vault: Will Success Spoil Cheech & Chong? Of Course (1980) first appeared on High Times.
Against All Odds: Dope As Yola Becomes First Weedtuber to Hit 2 Million Subscribers
by Javier Hasse on July 4, 2025 at 7:36 pm
Dope As Yola hits 2M subscribers on YouTube, becoming the first weedtuber to do it—despite bans, blocks and algorithm warfare. The post Against All Odds: Dope As Yola Becomes First Weedtuber to Hit 2 Million Subscribers first appeared on High Times.
Thailand Ends Recreational Cannabis Era: Prescription-Only Rule Takes Hold Amid Political Ouster
by Camila Berriex on July 4, 2025 at 7:06 pm
Thailand reverses its cannabis legalization—prescription-only sales, closures of dispensaries, and political turmoil shake the industry as the prime minister faces suspension. The post Thailand Ends Recreational Cannabis Era: Prescription-Only Rule Takes Hold Amid Political Ouster first appeared on High Times.
A Sign of the Times: The Evolution of Cannabis in Film
by Nicole Potter on July 4, 2025 at 5:43 pm
The shifting portrayal of weed in film throughout the decades. The post A Sign of the Times: The Evolution of Cannabis in Film first appeared on High Times.
A Brief Global History of the War on Cannabis
by Ryan Stoa on July 4, 2025 at 5:42 pm
Prohibitionists around the world have long used rhetoric to associate the plant with violence and depravity. The post A Brief Global History of the War on Cannabis first appeared on High Times.
From the Vault: A Brief History of High Times (2019)
by High Times on July 4, 2025 at 5:35 pm
How the world’s most notorious magazine took off and reached unexpected heights. The post From the Vault: A Brief History of High Times (2019) first appeared on High Times.
High Times Greats: Jim Morrison
by High Times on July 4, 2025 at 5:07 pm
Setting the record straight with some hot Lizard King sex stories and assorted gossipy tidbits, Tom Baker remembers his friend Jim Morrison in the June, 1981 edition of High Times. The post High Times Greats: Jim Morrison first appeared on High Times.
Viola, Tempter’s Unite to Elevate the Cannabis Beverage Experience
on July 3, 2025 at 2:14 pm
The multi-national cannabis brand is partnering with the pioneering hemp-derived THC beverage company.
Blüm Holdings Signs $5M Agreement to Acquire Northern California Cannabis Dispensary
on July 3, 2025 at 1:38 pm
The new dispensary will join Blüm’s growing portfolio, which includes three other Northern California stores and a recently acquired Bay Area location.
FLUENT Appoints Former Governor to Board of Directors
on July 3, 2025 at 12:16 pm
Peter Shumlin, a Democrat who served three terms as Vermont’s governor, joins the cannabis company’s board.
How to Fresh-Freeze Cannabis
on July 3, 2025 at 11:47 am
A CBT reader asks industry expert Ken Morrow how to freeze a fresh cannabis harvest after hitting some hurdles on the first attempt.
Cronos Grows International Footprint in Switzerland
on July 2, 2025 at 1:05 pm
The Canadian cannabis company partnered with Dascoli Pharma AG to expand the distribution of its PEACE NATURALS brand in the Swiss market.
AYR Wellness Misses Interest Payment on Outstanding Senior Notes
on July 2, 2025 at 12:36 pm
The cannabis company does not anticipate that the missed payment will result in operational challenges as it restructures its debt profile.
Cannabist Cultivation Workers Ratify 1st Union Contract in New Jersey
on July 2, 2025 at 6:01 am
The cannabis workers in Vineland voted to accept their contract with UFCW Local 152 after first deciding to organize nearly three years ago.
Delaware to Commence Adult-Use Cannabis Sales on Aug. 1—831 Days Since Legalization
on July 1, 2025 at 3:16 pm
The state’s Office of the Marijuana Commissioner announced the launch date, which had been delayed by trouble with obtaining an FBI service code.
Trulieve Announces Registration Statement Filing
on July 1, 2025 at 12:45 pm
The cannabis company has no immediate plans to offer or sell any securities under the shelf registration.
TerrAscend Exiting Michigan, Will Sell 4 Cultivation Facilities, 20 Dispensaries
on July 1, 2025 at 12:34 pm
The cannabis company announced the strategic exit to focus on core markets. The net proceeds from its divestitures will be used to pay down debt.
Nebraska Governor Approves Emergency Regulations for Medical Cannabis Market
on July 1, 2025 at 6:03 am
State regulators plan to prohibit smoking, combustion and vaping, but a formal rulemaking process is underway before an October licensing deadline.
10 Alabama CBD Stores, Vape Shops Raided; 4 Hemp Businesses Sue State
on June 30, 2025 at 4:46 pm
The Alabama Law Enforcement Agency and other agencies executed search warrants as a new law banning certain hemp products is set to take effect July 1.
California Cannabis Excise Tax Hike Takes Effect as Consumers Face Mounting Cost-of-Living Crisis
on June 30, 2025 at 12:07 pm
The excise tax increase will drive more Californians to the unlicensed market; Assembly Bill 564 offers a path to roll back the policy.
New York Recalls 28 Cannabis Products With Materials Sourced From Out of State
on June 27, 2025 at 3:27 pm
The New York Office of Cannabis Management issued the recall for flower and pre-rolls produced with inputs from unlicensed entities.

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The six-year saga of two cannabis facility licenses
by Rebecca Rivas on July 7, 2025
If Missouri revokes Red Tractor Cultivation’s two cannabis licenses because the majority owner committed a crime, minority shareholders lose everything.
From strain to sauce: 7 ways cannabis is igniting the culinary world
by Margaret Jackson on July 7, 2025
As legalization spreads and culinary creativity blossoms, chefs and food enthusiasts are discovering marijuana is a sophisticated ingredient.
Cannabis banking will move “hopefully sooner than later,” senator says (Newsletter: July 7, 2025)
by Tom Angell on July 7, 2025
Czech Republic marijuana & psilocybin bill passes; VA secretary: Psychedelics are “phenomenal” in treating veterans; Study on cannabis and sex Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. Your support makes Marijuana Moment possible… Free to
Anxiety diagnoses have overtaken Pennsylvania's medical cannabis program, study finds
by Bethany Rodgers on July 7, 2025
Pennsylvania in 2019 added anxiety as one of the qualifying conditions for medical cannabis, becoming only the third state to do so.
More potent and legal cannabis sends some to hospital: Central NY leads state in ER visits
by Douglass Dowty | ddowty@syracuse.com on July 7, 2025
“It’s not the same marijuana that people smoked in their dorms in the ‘60s or ‘70s," says a Syracuse ER doctor.
Cannabis workers at Vineland cultivation facility ratify first contract with UFCW Local 152
by John Harrington on July 7, 2025
UFCW Local 152 members at the Columbia Care cannabis cultivation facility in Vineland ratified their first union contract.
KY medical marijuana companies file lawsuit claiming program rollout is unconstitutional
by Marina Johnson on July 7, 2025
The lawsuit was filed on June 27 in Jefferson Circuit Court on behalf of several local cannabis investors.
Dr. Timothy Fong and Cannabis Use Disorder | KFI AM 640 | Dr. Wendy After Dark
by @DrWendyWalsh/ on July 7, 2025
Dr. Timothy Fong is a Professor of Psychiatry at the Jane and Terry Semel Institute for Neuroscience and Human Behavior at UCLA.

Cannabis companies still standing after reset ‘well positioned to thrive’

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