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From lawsuits to legalization advances, here's what's defining today's cannabis headlines.
 

But first ...

Your MJBiz Factbook stat of the day:

• U.S. industrial hemp production value surged 40% in 2024 to $445 million, driven largely by a 159% increase in outdoor floral hemp output.

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F E A T U R E D  S T O R Y

States abandon hemp THC regulations after federal ban

The federal ban has triggered a domino effect: states are scrapping hemp THC regulations and pursuing full bans instead. Here's how quickly the landscape is shifting and what it means for the $28B hemp sector. Read story >

What This Means For You

• Operators: State governments shifting from regulation to outright bans accelerate uncertainty and force operators to reassess market viability, distribution plans and compliance strategies on a state-by-state basis.
• Consumers: The fast retreat from regulated hemp markets could mean reduced product availability, including low-dose beverages and inconsistent access depending on where you live.
• Investors: Rapid state-level bans raise the risk of losses for hemp investors, increasing the likelihood of write-downs and making it essential to evaluate an operator's compliance record and state-by-state exposure.
• Policymakers: The federal move is prompting states to abandon nuanced regulatory frameworks in favor of broad prohibitions, raising questions about enforcement, interstate conflicts and how to protect consumers while stabilizing local markets.

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More Headlines

• Marijuana powerhouse Cookies risks 'insolvency' after judgment. Read story >
• Ohio will allow hemp THC drinks amid federal ban – with conditions. Read story >
• Big marijuana operators sue New York state to halt inversion, launch track and trace. Read story >
• How hemp THC companies are preparing for federal prohibition. 
  Read story >
• Florida adult-use marijuana legalization advances past state opposition. Read story >

F A C T B O O K  

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