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Industrial Hemp Market to Reach $39.6 Bn by 2032 Driven by Rising Multi-Industry Demand

ByPot Shop News

October 7, 2025

[#item_full_content] The global industrial hemp market is poised for substantial expansion over the forecast period driven by rising applications across multiple sectors Valued at US 10 7 billion in 2025 the market is projected to reach US 39 6 billion by … Industrial Hemp Market to Reach $39.6 Bn by 2032 Driven by Rising Multi-Industry Demand Read More

Author: Pot Shop News

ByPot Shop News

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Michigan Governor Signs 24% Cannabis Wholesale Tax Into Law; Lawsuit Filed

October 8, 2025 Pot Shop News

Daily News Hits

Missouri lawyer for cannabis trade group behind contracts tied to revoked licenses

October 8, 2025 Pot Shop News

Daily News Hits

Michigan cannabis industry sues to block new 24% marijuana tax

October 8, 2025 Pot Shop News

Exclusive | NYC weed dispensary pledges ‘courier pigeon’ delivery service –...
by Nicole Rosenthal,Zoe Hussain on October 7, 2025
Riverhead Yet to OK Cannabis Dispensary Despite Ruling
by Dan's Staff on October 7, 2025
Nearly three years after NY issued his retail license, Brian Stark has yet to open his dispensary in Riverhead, despite a recent court ruling in his favor.
Cannabis industry warns of fallout from new 24% Michigan marijuana tax
by Noelle Friel on October 3, 2025
Michigan’s cannabis industry leaders are sounding the alarm about an impending 24% wholesale tax on marijuana that is set to take effect in January, warning it could drive consumers to the illegal market and put small operations out of business.
Matawan's Newest Cannabis Dispensary Has Grand Opening Saturday
by Carly Baldwin on October 3, 2025
Vigor Dispensary, located in the former music school building at 1082 Rt. 34 in Matawan, will have a grand opening Saturday.
Brooklyn weed shop's closure has industry warning it could be the start of a wave
by https://www.facebook.com/* on October 2, 2025
The high-profile cannabis lifestyle brand Happy Munkey has shuttered its second New York City cannabis dispensary less than a year after it opened, a closure that at least for now appears to be indefinite, if not permanent.
Successful Brockton cannabis dispensary opens in Taunton. Key to success? What's on menu?
by Daniel Schemer on October 2, 2025
In Good Health, located where Commonwealth Alternative Care closed in Taunton, grows much of its own cannabis and makes many of its own products.
Kansas officials raid smoke shops in crackdown on ‘brazen’ sales of marijuana and THC products
by Sherman Smith on October 2, 2025
Marijuana remains completely illegal in Kansas. On Wednesday, KBI and local law enforcement raided smoke and vape shops in Concordia, McPherson, Pratt, Salina, Topeka and Wichita accused of illegal retail drug sales.
N.Y. emergency rooms see spike in cannabis-related visits
by spectrumlocalnews.com on October 1, 2025
In New York, dispensaries are required to have their products labeled.
Village of Bellville to ask voters whether to allow marijuana dispensary
by Lou Whitmire on October 1, 2025
An adult cannabis dispensary shall not be permitted in the village unless approved by a majority of electors, per resolution on file at the board of elections.
To Weed or Not to Weed, Circleville to Host Public Forum on Future of Marijuana Dispensaries
by Jeremy Newman on October 1, 2025
CIRCLEVILLE, Ohio – Circleville City Council will hold a community forum later this month to gather public input on whether the city should allow a marijuana dispensary to open. The forum is scheduled for Wednesday, October 23, from 6:30 to 7:30 p.m. at the Circleville Library. Residents will hav
MN cannabis businesses upset that medical marijuana providers can sell recreational weed immediately
by Matt DeLong on September 30, 2025
As small cannabis businesses are struggling to find products to sell, some say they were blindsided when the state allowed Rise and Green Goods to immediately sell some of their medical cannabis for adult use after they obtained their licenses.
Denver Welcomes Several New Dispensaries as Longtime Stores Close
by Thomas Mitchell on September 30, 2025
New stores opened as summer ended, but some popular dispensaries closed for good.
Hundreds protest proposed marijuana tax hike in Michigan Capitol
by Craig Mauger on September 30, 2025
Inside the Capitol, demonstrators chanted, "Save our jobs," while outside people carried signs with messages like, "Don't tax my peace."
Southampton pot dispensary can stay in current location, court rules
by Lee Meyer on September 30, 2025
A court order reverses a recent review by the state that reinterpreted whether dispensaries were complying with state school-distance requirements.
Smoke and mirrors in cannabis zoning
by Betty DiMarco and Lane Trippe on September 30, 2025
In New Orleans, marijuana dispensaries — like the one opening soon in our community can be granted a permit without any neighborhood notice. And in Louisiana, unlike other neighboring states, dispensaries can open up next to a library or a school or a daycare.
San Francisco’s first ‘equity’ weed store was an epic failure. City Hall insiders may still pocket millions
by Chris Roberts on September 30, 2025
A cannabis shop on San Francisco’s storied Haight Street had it all: prime real estate, star power, political clout and social justice. Then things got ugly.
Court order: Weed shops continue near New York schools
by Johan Sheridan on September 29, 2025
A New York court has ordered state cannabis regulators to temporarily halt enforcing a stricter interpretation of a rule regarding the distance between marijuana dispensaries and schools, allowing …
A drug made from marijuana reduced back pain in a large study
by Associated Press on September 29, 2025
Patients reported provided less pain, better sleep and improved physical function.
Minnesota’s first non-tribal recreational dispensaries open two years after legalization
by Minnesota Reformer on September 29, 2025
They join a handful of tribal dispensaries, such as NativeCare in Red Lake, which got a head start in selling non-medical cannabis thanks to compacts between Minnesota and tribal nations
Proposed marijuana tax would raise $420 million for Michigan roads. Here's what one dispensary has to say
by Colin Jankowski on September 26, 2025
A Lansing dispensary owner says he's opposed to a 24% wholesale tax proposed as part of state budget agreements this week, and says it could drive consumers to the black market.

Michigan Governor Signs 24% Cannabis Wholesale Tax Into Law; Lawsuit Filed
on October 8, 2025 at 1:45 pm
The Michigan Cannabis Industry Association argues that the new tax alters a voter-approved statute and requires a three-fourths legislative vote.
US Hemp Roundtable Encourages Trump to Stop Potential Hemp Ban, Protect American Industry
on October 7, 2025 at 4:46 pm
A proposed definition change to hemp would wipe out 95% of an American industry ‘that you are so proud of,’ the advocacy group tells Trump.
STIIIZY Debuts High-Dose Hemp-Derived THC Seltzers and Sodas
on October 7, 2025 at 8:59 am
The new products are available at STIIIZYDrinks.com and select licensed retailers nationwide, including Total Wine in New Jersey and Binny's in Illinois.
JP Brand Advisors, Canopy USA Form Strategic Partnership to Expand Hemp Beverage Distribution
on October 7, 2025 at 8:50 am
The partnership includes distributing Wana’s hemp-based beverages and gummies.
Spain Approves Decree to Legalize Medical Cannabis Use in Health Care System
on October 7, 2025 at 8:22 am
The royal decree is to allow doctors to prescribe cannabis in hospital pharmacies to patients with conditions untreatable by other medicines.
General Practitioner Physicians in Germany Rarely Prescribe Medical Cannabis
on October 6, 2025 at 5:01 pm
German patients rated doctors’ expertise in cannabis treatment as ‘poor,” according to a new survey showing major reservations about medical cannabis.
Verano Provides Update on Canadian Postal Strike
on October 6, 2025 at 12:16 pm
The cannabis company’s special meeting materials and voting instructions may not be delivered to all shareholders’ addresses before the meeting.
The Cannabist Co. Co-Founder Michael Abbott Resigns From Board
on October 6, 2025 at 11:55 am
Abbott, who started the company as Columbia Care in 2012, is pursuing other personal and professional commitments.
Pigeons Delivering Cannabis in New York? The Travel Agency Launches Newest Couriers
on October 6, 2025 at 7:20 am
The company’s ‘Cannabis Carrier Pigeon Program’ took flight with a pilot test flight, where the birds wore mini-backpacks across the city.
CSQ 2.0 Brings Accredited Certification Within Reach for Operators Across the Supply Chain
on October 6, 2025 at 6:11 am
The safety standards for manufacturers, extractors, cultivators, dispensaries, and distributors are now available.
Michigan Lawmakers Pass 24% Cannabis Wholesale Tax, Dealing Devastating Blow to Industry
on October 3, 2025 at 3:07 pm
The legislation, which served as an integral pillar to the lawmakers’ budget deal, now heads to Gov. Gretchen Whitmer’s desk.
Vireo Growth Enters Definitive Agreements to Acquire Outstanding Senior Secured Convertible Notes of Schwazze
on October 3, 2025 at 12:42 pm
The transaction reflects the continuation of Vireo’s M&A strategy and is expected to close later this month.
What Happened to the Sticky, Aromatic Cannabis Buds From the Mid-1990s?
on October 3, 2025 at 11:37 am
The final composition of the buds largely depends on the post-harvest process, where commercial cultivators often overdry or improperly cure them.
The Cost of Doing Nothing: How Delay and Indecision Are Sinking Cultivation Businesses
on October 2, 2025 at 1:00 pm
Part I of a three-part series on how delaying ‘too costly’ infrastructure investments can lead to even greater hidden losses.
Green Check Launches The Forum, a New Platform Extension for Trusted Connections in High-Risk Industries
on October 1, 2025 at 4:18 pm
The vetted ecosystem integrates education and intelligent connection matching to drive compliant growth for cannabis and other high-risk businesses and service providers.
Verano Secures $75 Million Revolving Credit Facility
on October 1, 2025 at 12:12 pm
The cannabis company drew $50 million to retire $50 million of its existing senior secured credit facility, with $25 million left for strategic initiatives.
Will Government Shutdown Keep Cannabis Reform on the Back Burner?
on October 1, 2025 at 8:16 am
Trump’s self-imposed timeline for a rescheduling announcement has elapsed, but political theater in Washington has taken the national spotlight.
Ascend Wellness Closes $9.3 Million Mortgage Financing on 3 Ohio Properties
on September 30, 2025 at 4:54 pm
The cannabis company closed the transaction for loans on real estate in Cincinnati, Sandusky and Piqua.
LEEF Brands Launches New York Lab, 2025 Production Fully Committed
on September 30, 2025 at 4:45 pm
The company has completed the installation of its equipment and has commenced solventless concentrate production.
Green Thumb Opening 19th Pennsylvania Dispensary
on September 30, 2025 at 4:31 pm
The cannabis company opened its latest RISE dispensary in Lebanon, marking its 108th retail facility nationwide.
Simplifya Raises $2 Million in Equity Capital, Eliminates Debt, Expands Strategic Initiatives
on September 30, 2025 at 4:12 pm
With 10 years of service supporting America’s cannabis and hemp industries, Simplifya is marking a new growth chapter for its compliance software solutions.
Wisconsin GOP Lawmakers Move to Legalize Medical Cannabis in 2025
on September 30, 2025 at 3:11 pm
A trio of top Republicans introduced bicameral legislation to provide patients access to regulated cannabis from licensed dispensaries.
Detroit Cannabis Grower Surrenders License in Resolution With CRA
on September 30, 2025 at 7:30 am
The Michigan Cannabis Regulatory Agency announced that Cherry Industries agreed to permanently surrender its license.
The Cannabist Co. Partners With Queen Mary to Launch Wellness-Focused Cannabis Products in Colorado
on September 30, 2025 at 6:27 am
The cannabis company partnered with the award-winning California brand to bring rosin-infused gummies to the Rocky Mountain State.
Flowhub Launches Marketing Suite to Help Cannabis Dispensaries Drive Loyalty, Revenue
on September 30, 2025 at 6:16 am
The leading cannabis retail platform adds POS-native marketing tools, including loyalty passes, email and push campaigns.

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Michigan Governor Signs 24% Cannabis Wholesale Tax Into Law; Lawsuit Filed
by Tony Lange on October 8, 2025
The Michigan Cannabis Industry Association argues that the new tax alters a voter-approved statute and requires a three-fourths legislative vote.
Missouri lawyer for cannabis trade group behind contracts tied to revoked licenses
by Rebecca Rivas on October 8, 2025
Missouri cannabis regulators have worked to purge the social-equity program of alleged ‘predatory’ practices.
Michigan cannabis industry sues to block new 24% marijuana tax
by Gus Burns | fburns@mlive.com on October 8, 2025
Michigan's primary cannabis trade organization argues a 24% wholesale tax signed into law by Gov. Whitmer violates the state Constitution.
Cannabis company aims for dispensary next to Buc-ee's
by Ryan Collins on October 8, 2025
Kansas City area-based Fresh Karma is laying plans for a comprehensive dispensary located near 3358 N. Beaver Road.
MJBizCon highlights women driving diversity in cannabis
by Margaret Jackson on October 8, 2025
From building brands to advocating for social equity, women are breaking barriers, driving innovation and championing equity in the cannabis industry.
New York CCB Unanimously Votes to Overturn 'Unreasonable' Local Cannabis Rules
by Business of Cannabis on October 8, 2025
New York’s Cannabis Control Board ruled Southampton’s cannabis ordinances illegal, setting a statewide precedent on municipal limits under state law.
DEA gives cannabis rescheduling update (Newsletter: October 8, 2025)
by Tom Angell on October 8, 2025
AG Pam Bondi pressed on marijuana at hearing; GOP lawmakers: Trump cannabis action would be “game changer”; Transportation sec’s marijuana concerns 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… Your
Germany to restrict online cannabis sales to curb ballooning imports
by Reuters on October 8, 2025
Germany's cabinet passed plans on Wednesday to restrict the online sale of cannabis to tackle a surge in imports of the drug since the legalisation of its recreational use last year, the government said.

Industrial Hemp Market to Reach $39.6 Bn by 2032 Driven by Rising Multi-Industry Demand

ByPot Shop News

Author: Pot Shop News

ByPot Shop News

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