Virginia Hemp Retailers Seek Emergency Block on New THC Limits
A federal judge spent nearly five hours Wednesday weighing whether to freeze Virginia's new hemp restrictions before they take effect Saturday, as store owners testified the rules could shut them
Virginia Hemp Retailers Sue to Stop THC Rule Before It Guts Inventory
Seven Virginia hemp businesses filed suit July 31 in the U.S. District Court for the Western District of Virginia, asking a judge to block a budget provision that eliminates a long-standing exception
Senate Rebuffs Budd's Push to Fast-Track Federal Hemp THC Ban
A one-vote-shy-of-two-thirds Senate coalition just bought the intoxicating hemp industry an extra month of runway, and the fight over how that month gets used is far from settled. Sen. Ted Budd,
Planet 13 Reports Narrower Losses Ahead of Vireo Merger Close
Planet 13 Holdings posted second-quarter 2026 revenue of $22.9 million, down 14.9% from the prior year, but the numbers underneath tell a more useful story than the headline decline suggests. Gross
Green Thumb's Cash Discipline Sets a Bar Few Cannabis Operators Clear
Five years of cannabis market history have delivered one consistent lesson to investors: top-line growth doesn't matter much if a company can't turn revenue into cash. Dozens of multi-state operators
Nigerian Customs Seizure Exposes Cannabis Trafficking Through Port Channels
A single container flagged by risk-management algorithms at Tincan Island Port has pulled back the curtain on two distinct smuggling operations running through Nigeria's formal trade channels. The
Verano Executives Head to Boston to Court Growth Investors
Verano Holdings Corp. will send members of its executive leadership team to Boston next week for the Canaccord Genuity 46th Annual Growth Conference, where the multi-state operator plans a
Grand Jury Probes Cannabis Lobbying Claims at Indiana Statehouse
A Marion County grand jury has been quietly hearing testimony about possible unlawful lobbying and false lobbying reporting tied to cannabis policy debated during Indiana's 2025 legislative
Medical Cannabis Access Gaps Create Compliance Risk for Supervised Patients
Nearly four million adults in the United States are on probation or parole right now, a population almost double the combined count of people held in jails and prisons. Many of them carry
Higher Cannabis Taxes Push Consumers Back Toward Illicit Sellers
New peer-reviewed research delivers an unwelcome data point for state treasuries betting on cannabis excise revenue: raise the tax on legal weed, and a large share of that lost business doesn't