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Virginia Moves Closer to Launching Adult Use Cannabis Retail in 2026
Virginia has revived its plan to build an adult use cannabis retail system, with a new draft framework outlining a potential launch in fall 2026. The proposal offers structure for licensing, zoning, safety, and compliance, signaling that real progress is finally underway.
Cronos Expands Its Global Footprint With Acquisition of CanAdelaar in the Netherlands
Cronos has announced plans to acquire CanAdelaar B V in the Netherlands, giving the company a strategic foothold in the European cannabis market. The move reflects a growing trend of North American operators pursuing global expansion as international programs evolve.
Wana Brands Expands Internationally With THC Gummies in Zürich’s Pilot Cannabis Program
Wana Brands, one of the leading U.S. edibles companies, has launched THC gummies in Zürich through Switzerland’s cannabis pilot program. The expansion highlights how major cannabis brands are eyeing global markets as new international opportunities emerge.
Trulieve Gains Conditional Approval to Cultivate and Manufacture Medical Cannabis in Texas
Trulieve has received conditional approval to cultivate, manufacture, and distribute medical cannabis in Texas — a major sign of the state’s expanding medical program. The move positions Texas for broader access, more competition, and a more sophisticated medical cannabis marketplace.
New Study Links Cannabis Store Density to Higher Rates of Health Issues Among Medicaid Recipients
A new study found that Medicaid recipients living near multiple cannabis shops face higher rates of cannabis-use disorder and related hospitalizations. The research underscores the need for strong compliance, responsible retail practices, and community-driven education as the industry grows.
Virginia Prepares to Launch Adult-Use Cannabis Retail After Years of Delay
Virginia’s cannabis commission is preparing to unveil a long-awaited plan for adult-use retail, ending the gap between legalization and legal sales. The proposal eliminates local opt-outs, prioritizes small businesses, and reinvests revenue into communities most harmed by prohibition.
Wisconsin’s Hemp Industry Scrambles After Federal Ban on Hemp-Derived THC
Wisconsin hemp growers and processors are scrambling after federal legislation quietly banned many hemp-derived THC products. The move threatens major revenue streams and pushes the state’s hemp industry into emergency adaptation mode.
Federal Amendment to Close the Hemp Loophole Will Reshape a $28 Billion Industry
A new federal amendment will ban hemp-derived THC products exceeding 0.4 mg THC per container, effectively eliminating the intoxicating hemp category. The rule will reshape the $28 billion hemp-THC industry and force businesses to prepare for major operational changes.
New York Cannabis Prices Drop as Legal Market Matures
New York’s average cannabis price dropped from $38.61 to $32.15 as licensed store openings and expanded product selection increased competition. This decline shows the market is maturing — but it also raises new challenges for operators navigating shrinking margins and rising compliance pressure.
Federal Funding Deal Moves to Restrict Hemp-THC Beverages to 0.4 mg THC
The new government-funding deal includes a provision limiting hemp-derived THC beverages to just 0.4 mg of THC per serving — effectively dismantling the booming low-dose beverage category. Companies that scaled in this space now face reformulation, revenue loss, and major regulatory challenges.
Federal Funding Bill Could Ban Most Ingestible Hemp-Derived THC Products
A proposed federal spending bill includes language that could ban most ingestible hemp-derived THC products, threatening an estimated $28 billion industry. The measure would eliminate Delta-8, THCA, and other intoxicating hemp items — reshaping the national marketplace overnight.
U.S. Hemp Roundtable Warns Senate Proposal Could “Wipe Out” 95% of the Industry
The U.S. Hemp Roundtable warns that new Senate language could “wipe out” 95% of the hemp industry, eliminating thousands of jobs and billions in revenue. The group is urging Congress to remove the proposal from the federal spending bill and pursue balanced hemp regulation instead.
Mainstream Brands Join the Cannabis Space with Hemp-Derived THC Products
A major edible-fruit brand is launching hemp-derived THC gummies and beverages aimed at wellness consumers seeking alcohol-free relaxation. The move highlights how mainstream companies are entering the cannabis ecosystem amid evolving regulations and rising consumer demand.
Curaleaf Reports $320M in Revenue, $54.5M Net Loss in Q3
Curaleaf reported Q3 revenue of $320 million and a net loss of $54.5 million, reflecting both strength and ongoing financial strain across large multi-state cannabis operators. The results highlight the industry’s shift toward sustainable growth and disciplined risk management.
Green Thumb Industries Posts Strong Q3 Results Amid Industry Headwinds
Green Thumb Industries (GTI) reported Q3 revenue of $291.4 million, net income of $23.3 million, and $74.1 million in cash flow from operations. The strong performance highlights the company’s disciplined growth strategy and financial stability amid industry headwinds.
Minnesota’s Attorney General Calls for Federal Clarity on Hemp
Minnesota Attorney General Keith Ellison is urging Congress to close the Farm Bill “loophole” that created confusion around hemp-derived THC products. He says updated federal rules are essential to help legitimate hemp businesses thrive while ensuring fair competition and consumer safety.
Michigan’s Cannabis Industry Challenges New Excise Tax in Court
Michigan’s cannabis industry has filed a lawsuit seeking to delay a new excise tax, arguing it will harm legal operators and drive consumers to the illicit market. The outcome could set a national precedent for how states balance taxation and market stability.
Minnesota and the Fond du Lac Band Sign Historic Cannabis Compact
Minnesota Governor Tim Walz and the Fond du Lac Band of Lake Superior Chippewa signed a historic cannabis compact establishing shared regulatory authority. The agreement strengthens state-tribal collaboration and sets a new national example for responsible, inclusive cannabis market development.
Michigan’s Cannabis Market Faces a Potential Shake-Up
Michigan’s $3 billion cannabis market is preparing for regulatory and structural shifts that could reshape competition, pricing, and licensing. As one of the country’s most important cannabis economies, the state’s next moves will define the future of its industry.
Cannabis Industry Settlement Highlights Risks of Overexpansion
A major settlement between multi-state cannabis operators resolves years of litigation tied to a failed $860 million acquisition. The case highlights how the industry’s early expansion mistakes still shape today’s market — and why risk management is essential for modern cannabis operators.
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