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Similar to Colorado, Michigan, Oregon and Washington, there is so much cannabis on the market in Massachusetts that demand is not keeping up with supply, causing prices for several strains to drop 50 percent since this time last year.
A nonprofit organization with a mission to end homelessness and AIDS will open New York's first recreational marijuana store on Dec. 29. Housing Works will open in Manhattan, the state's Office of Cannabis Management (OCM) announced at a Wednesday morning board meeting.
More than a month after President Joe Biden signed a new marijuana research bill, officials say they intend to open a marijuana-focused research lab and think tank in Chicago in 2023.
On Monday, the largest U.S. cannabis industry voice reluctantly conceded that Joe Biden's first two years in office would end without federal cannabis banking reform.
New Mexico health officials have added anxiety to the list of conditions that doctors can treat with medical marijuana, a move that could boost sales at medical marijuana dispensaries.
Looking ahead to the new year, Washington cannabis businesses are focusing on security challenges, including continued store robberies, and preparing for the potential of the interstate cannabis trade.
Pre-rolled cigarettes were once considered part of the cannabis flower product. But in the past few years, they have come to be seen as a distinct product category.
Canadian cannabis producers and brands are actually increasingly paying Ontario retailers for shelf space and other special treatment for their products, according to industry executives.