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Good morning, here's what's defining today's cannabis headlines.

But first ...

Your MJBiz Factbook stat of the day:

• Adults ages 24–29 are the single largest consumer cohort, making up 18.2% of U.S. cannabis use in the first half of 2025.

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F E A T U R E D  S T O R Y

As marijuana rescheduling stalls, industry turns to Supreme Court

Will the U.S. Supreme Court do what Congress and the White House have not and deliver the $32 billion U.S. cannabis industry from outdated federal marijuana laws? An answer is inching closer after the highest court scheduled a meeting to determine whether it will hear a constitutional challenge to federal cannabis prohibition. Read story >

What This Means For You

• Operators: This development keeps operators in limbo for now but raises the possibility of game-changing relief from 280E and improved access to banking if the Supreme Court ultimately takes the case and rules against federal prohibition.
• Consumers: Nothing changes immediately on the ground, but a successful challenge could eventually mean more stable, better-capitalized businesses and broader product choice as the industry gains clearer federal footing.
• Investors: Stakeholders are staring at more uncertainty in the short term, but a favorable Supreme Court ruling could unlock institutional capital, major-exchange listings and stronger long-term growth prospects for cannabis stocks.
• Policymakers: The stalled rescheduling and Supreme Court challenge underscore how far federal law lags behind state markets, increasing pressure to modernize cannabis policy before the judiciary does it for them.

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More Headlines

• Michigan cannabis industry fights massive tax hike in court. 
  Read story >
• Florida adult-use marijuana legalization campaign suffers major setback. Read story >
• Mass. voters tricked by campaign to end legal cannabis sales urged to act. Read story >
• How cannabis businesses can go digital while thwarting hackers. Read story >
• What's killing cannabis workers? Read story >

F A C T B O O K  

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R E S O U R C E S

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