Sacramento, California – Effective July 2, 2025, California’s legal cannabis market faces significant fiscal restructuring as the state’s cannabis excise tax officially increases. This move, embedded within the state’s comprehensive 2025-2026 budget, aims to realign the financial burdens and funding mechanisms associated with regulating and enforcing the burgeoning legal industry. Concurrently with the tax hike,…
Sacramento, California – The landscape of California’s legal cannabis industry is undergoing significant shifts following recent announcements tied to the state budget, impacting both taxation and enforcement strategies. As of July 2, 2025, the state’s cannabis excise tax is set to increase, a move that will add to the operational costs for businesses within the…
KELOWNA, BC – Avant Brands Inc. (TSX: AVNT) (OTCQX: AVTBF) (FSE: 1BU), a publicly traded cannabis company headquartered in the Okanagan city of Kelowna, British Columbia, has announced significant strides in its international expansion strategy. The company confirmed today the signing of a pair of multi-year international supply agreements, a move poised to broaden its…
BOSTON, MA – State regulators in Massachusetts have taken the unprecedented step of revoking the business license for a commercial cannabis testing laboratory, citing a pattern of inaccurate reporting that they deem poses an “immediate and serious threat” to public health and safety. The Massachusetts Cannabis Control Commission (CCC) announced the suspension and subsequent revocation…
WILMINGTON, DE – Delaware is poised to make history with the official launch of its legal adult-use marijuana market, scheduled to commence on August 1, 2025. The announcement marks a pivotal moment for the state, establishing a regulated cannabis industry that officials anticipate will yield significant economic and social benefits. The date was confirmed by…
Technology is rapidly reshaping the global cannabis industry, from seed to sale, according to recent analysis. Innovations across cultivation, processing, tracking, and quality assurance are not only optimizing operations but also fueling significant market expansion. A strategic business analysis report examining the cannabis technology landscape for 2025 highlights a sector poised for exponential growth. The…
WASHINGTON D.C. – A proposed bill advancing through the U.S. House of Representatives is drawing sharp criticism from within the Republican party, with Senator Rand Paul of Kentucky issuing a dire warning about its potential impact on the burgeoning American hemp industry. According to a report included in the Marijuana Moment newsletter dated July 1,…
MINNEAPOLIS, MN – The State of Minnesota has taken a significant step toward the operational launch of its legal adult-use cannabis market, announcing the issuance of its first business license. The Minnesota Office of Cannabis Management (OCM) confirmed today that the inaugural license, a crucial milestone in establishing the state’s regulated industry, has been granted…
Austin, Texas – Legendary country music artist Willie Nelson, a figure synonymous with both Grammy-winning music and prominent cannabis advocacy, has announced a significant personal health decision at the age of 92: he is no longer smoking marijuana. The revelation, shared in a recent interview with Forbes published on Saturday, June 7, marks a notable…
HARRISBURG, PA – June 9, 2025 – The Pennsylvania House of Representatives on Monday, June 9, 2025, passed historic legislation aimed at legalizing cannabis for adult use across the Commonwealth. \”The Pennsylvania Adult-Use Cannabis Regulation Act,\” officially designated as House Bill 1234, successfully cleared the chamber with a final vote of 105-98, sending the measure…
