Retail

New York lawmakers voted to let the state’s cannabis cultivators sell products to tribal nations that have launched their own cannabis markets.

Connecticut’s combined adult-use and medical cannabis sales totaled nearly $23 million in May, a new record since the state’s January launch of legal recreational sales.

Colorado Gov. Jared Polis (D) signed a bill to legalize the online sale of cannabis products. Under the new law, customers must provide proof of age and purchases must be picked up in person.

Multistate cannabis operator Trulieve announced on Thursday it will “wind down” its Massachusetts-based operations as part of its broader plan to “preserve cash and improve financial performance.”

Harrison Bard and Fredrik Rading are co-founders of Custom Cones USA, a leading supplier of custom-branded and specialty pre-rolled cones for the cannabis industry.

New York regulators announced the state will allow cannabis farmers’ markets this summer in an effort to help state cultivators offload their glut of cannabis products.

Connecticut dispensaries recorded a decrease in medical cannabis sales for the first time in April since the state’s adult-use market launched in January.

New Hampshire Gov. Chris Sununu (R), who opposes general cannabis legalization, said he would sign a legalization proposal into law if the bill included government control of sales, like how the state handles liquor sales.

Missouri cannabis dispensaries topped $350 million in sales during the state’s first three months of adult-use sales, and the industry remains on track to exceed $1 billion in sales during the program’s first year.

Adult-use and medical cannabis retailers in Massachusetts are now allowed to provide seeds and clones for personal home grows.

The Cannabis Industry Alliance of Oregon has asked state lawmakers to prevent the expansion of companies with “a flagrant disregard for state laws and fair business practices,” specifically calling out the cannabis retail chain La Mota for allegedly owing more than $1.5 million to other operators.

New York Gov. Kathy Hochul (D) signed the state’s budget bill on Thursday, securing $16 million to help officials crack down on unlicensed cannabis operators.

Arkansas medical cannabis sales during the first quarter of 2023 were up about 7% compared to the same time period last year.

James Yi is the founder and CEO of Leaf Trade, a wholesale cannabis platform that integrates point-of-sale, e-commerce, retail fulfillment, payment processing, and more.

Colorado’s February cannabis sales this year declined 14.2% from the same month in 2022, continuing an overall year-over-year decline in both adult-use and medical cannabis sales for the state.

A recent survey found that Portland, Oregon is the best-ranked U.S. city for cannabis shoppers due to its high number of dispensaries per capita and affordable prices.

Maryland lawmakers have advanced a measure to see state officials begin issuing adult-use cannabis licenses this summer.

Missouri’s total March cannabis sales topped $125 million, putting the state on track to exceed $1 billion in cannabis sales for the year.

Millennial and Gen Z shoppers account for the majority of all cannabis sales in the U.S. (63%) and Canada (72.1%), according to recent data from the analytics firm Headset.

New Mexico adult-use cannabis dispensaries sold more than $300 million worth of product during the first year they were permitted.

Lawmakers in the Montana Senate Business, Labor and Economic Affairs Committee voted 6-4 against a proposal that sought to eliminate adult-use cannabis sales in the state.

A Montana proposal seeks to eliminate the state’s adult-use cannabis dispensaries and raise the medical cannabis tax from 4% to 20%.

Pennsylvania’s latest adult-use cannabis legalization proposal would see state-licensed liquor stores control the retail cannabis market.