Cannabis Business Times

2025 Cannabis Industry Watch List: Here are some key issues and must-watch cases for the year ahead (provided by our friends at Goodwin) https://lnkd.in/gU2skGx4

Wisconsin Gov. Tony Evers is proposing the state Legislature allow citizen-initiated ballot measures as 86% of registered voters support medical cannabis legalization. "The will of the people should be the law of the land." https://lnkd.in/g5j6Zdtp

New York medical cannabis sales figures recently obtained by CBT reveal the true size of the state's overall market for 2024, indicating there were potentially 13 states that hit billion-dollar milestones last year. https://lnkd.in/g6FVcGdG

California Gov. Gavin Newsom continues touting illicit cannabis seizures as "proof" of the state’s dedication to regulated businesses despite persisting challenges facing operators in 2025, from provisional licensing to an excise tax hike. https://lnkd.in/gJnT8yB8

What were California's Top 10 best-selling cannabis flower strains in 2024? Pre-rolls? Vape pens? Concentrates? View the lists of the most popular cultivars for each product category right here (courtesy of Headset) 👇 https://lnkd.in/gvusvETA

💰 How much does an ounce of cannabis flower cost entering 2025? Depending on location and market maturity, some state dispensaries charge more than quadruple the price of others on average. https://lnkd.in/gNXr7xBH

Minnesota's top cannabis regulator won't entertain an adult-use sales launch date. “While people are really focused on timeline, I think that the law is playing out in the way that the authors and the advocates intended, which was to create this smaller craft market that was not dependent on the large operators. When people think about the pace, they should remember that, unlike other states, we didn’t flip the switch to just turn on the medical market to serve adult use. We’re building this industry from the ground up.” https://lnkd.in/gP_rSxB3

The future of the U.S. hemp industry remains on the line as lawmakers once again have placed a five-year farm bill reauthorization package on the back burner and instead agreed to a one-year extension in the final days of the current Congress. "Looking ahead to the 119th Congress, I hope to move quickly to enact a five-year farm bill that aligns the farm safety net with the needs of producers, among many other policies, to minimize the need for annual economic aid." https://lnkd.in/gwN9kkgB

Two men are dead in Rochester, N.Y., after using bat poop to fertilize their cannabis home grows. Bat guano is used by many cannabis cultivators for its nutrient values, specifically the primary nutrients of nitrogen (N), phosphorous (P) and potassium (K). But when is it safe/unsafe? https://lnkd.in/gFhTXg72

🤑 Michigan’s cannabis dispensaries already set an annual adult-use sales record ($3B+) in 2024 with a record month for flower pounds sold in November ... all while the price/ounce fell to an all-time low of $72. https://lnkd.in/g3x7T7YS