As markets whipsaw in memecoin-fashion since the beginning of President Donald Trump’s on-again, off-again tariffs against various other nations, cannabis executives are navigating the recent surge in U.S. levies, particularly on Chinese goods.
Marijuana businesses have been reacting with relatively less alarm than other sectors, partially due to the industry’s domestic…
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The Netherlands launched a new phase in its cannabis regulation initiative this week, requiring participating coffee shops in various cities to sell only marijuana products sourced from government-authorized growers.
The expansion, first announced in 2022, aims to eliminate a long-standing legal loophole in Dutch policy, where selling cannabis was mostly tolerated…
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Breweries seemed to be the answer to balance its cannabis business, but Tilray Inc. (NASDAQ: TLRY) is continuing to shutter businesses it recently bought.
The latest is Hop Valley Brewing in Eugene, Oregon. The company announced the move internally a couple of days ago and confirmed to the outlet BrewBound that…
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The 2025 survey of Americans 21 and older, conducted online by The Harris Poll on behalf of Royal Queen Seeds (RQS), asked Americans about their personal cannabis use. Half of cannabis consumers (50%) said the new presidential administration will lead them to consume more cannabis than they did before, including…
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Connecticut has joined many of its peers and established a new state agency devoted solely to regulating and overseeing its marijuana industry.
The new office, which has yet to be formally named, will still be housed within the state Department of Consumer Protection, but will be set apart from another wing…
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Cannabis and hemp research firm Whitney Economics lowered its U.S. cannabis retail market forecast through 2030, cutting projected sales by $21.1 billion, according to a new report released Wednesday afternoon.
The Oregon-based consultancy now forecasts 2025 U.S. legal cannabis sales will reach $34 billion, which represents 13.1% growth from 2024’s $30.1…
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At the recent Pennsylvania Cannabis Convention in Pittsburgh, stakeholders in the existing medical market all fear that the state may legalize adult-use cannabis but pivot to a state store program. They claim this will crush the 25,000 jobs created with the medical program. The state currently hosts numerous MSOs as well as up-and-coming home-grown businesses. The lawmakers are considering other options and the stakeholders are hoping they can sway their representatives away from state stores.
NECANN helped produce the event, which brought together patients and the companies that serve them in the state.
The post Pennsylvania’s medical market does not want state run stores appeared first on Green Market Report.
SNDL Inc. (Nasdaq: SNDL) is buying 32 cannabis retail stores known as Cost Cannabis and T Cannabis in Ontario, Alberta and Saskatchewan from 1CM Inc. (CSE: EPIC) (OTCQB: MILFF) in a deal valued at C$32.2 million. The deal is expected to close by the end of the third quarter of…
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Company leadership at Tilray Brands (NASDAQ: TLRY) insisted during the quarterly earnings call on Tuesday that an eye-popping $793.5 million net loss for its most recent quarter is no big deal, given that the business is continuing to pivot and expand its footprint internationally in both cannabis and beverages.
The loss…
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At least some of Connecticut’s 38 social equity marijuana licenseholders are pushing state legislators to revise state law to allow them to cash out and walk away from the industry in three years instead of the original seven-year ownership requirement that was written into regulations.
Several of the 38 – which…
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