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Harmony Biosciences Holdings (Nasdaq: HRMY) reported record sales for its narcolepsy treatment WAKIX in 2024 and projected stronger revenue for 2025, as the company advances several clinical trials including a non-THC cannabidiol treatment for a rare genetic disorder. The company said Tuesday that WAKIX generated $201.3 million in revenue during the… Please login to read all 333 words.

Governor Phil Murphy (D) highlighted cannabis industry successes in his budget address for Fiscal Year 2026. It will be his last since he is term-limited in his position. “Though we have come far in this journey we have not reached the finished line yet,” he said. “The reality is the working people who keep our [ . . . ] Source: Governor Murphy Notes Cannabis Progress Success in Budget Address from Heady NJ

Illinois released sales figures for adult-use cannabis in January today, a bit later than normal. They were down 8.5% sequentially to $140.2 million. The year-over-year growth was 4.8%, better than the decline in December: Units sold increased by 11.5% from a year ago, suggesting lower prices or substitution of lower-priced products by consumers. Units sold fell 12.3% sequentially. [ . . . ]

Illinois and Maine are the latest states considering enacting regulations for marijuana consumption at venues and events. Illinois, Maine pondering marijuana consumption measures is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Republicans have proposed a return to prohibition. The post Montanans must activate to protect legalization in 2025 appeared first on Leafly.

If actor Woody Harrelson could choose anyone living or dead to patronize his Los Angeles marijuana dispensary’s “Ganja Giggle Garden,” he says he’d pick a classic cannabis icon: Bob Marley. But he conceded that he doesn’t think he could go “toke-for-toke” with the late reggae star. During an appearance on The Late Show With Stephen Colbert on Monday, the host posed the hypothetical to Harrelson, asking who he’d most like to invite to the marijuana consumption lounge attached to the dispensary he co-owns with Bill Maher called The Woods. “Bob Marley,” Harrelson replied. . . .

Calgary City Council voted 8-6 in favour of a motion to have city staff align the city’s bylaws to allow a permitting process and festival… The post Calgary passes motion to move forward with on-site cannabis sales at events appeared first on StratCann.

Marijuana consumers across the nation are under siege. Here’s how NORML is fighting back. The post Cannabis Freedoms Are Under Attack appeared first on NORML.

A recently retired U.S. senator is calling on the Arizona legislature to pass a bill to fund clinical trials into ibogaine, while pledging to personally raise $5 million in philanthropic donations to support the psychedelic research if the legislation is ultimately enacted. At an Arizona House Appropriations Committee hearing on Monday, members discussed the legislation from Rep. Justin Wilmeth (R), which would provide funding for the state Department of Health and Human Services (HHS) to “conduct a certified clinical research study on the use of ibogaine for the treatment of neurological . . .

Here’s what you can do to effect real change. The post Analysis: Don’t hold your breath for legalization under Trump 2.0 appeared first on Leafly.

High Tide Inc. has paused its previously announced acquisition of 51% of Germany’s Purecan GmbH. The deal, announced for approximately €4.8 million in January, would… The post High Tides pauses plan to acquire Germany’s Purecan GmbH appeared first on StratCann.

NJ Senate President Nick Scutari (D-22-Union) introduced a bill re-criminalizing marijuana possession and unlicensed underground legacy operators. The bill S 4154 is called “Establishes crime of selling or purchasing marijuana from unlicensed businesses.” He is eager to send underground legacy marijuana consumers and operators to jail! Currently, there are no other sponsors of the bill [ . . . ] Source: Scutari Bill Re-Criminalizes Street Marijuana Possession and Unlicensed Legacy Operators from Heady NJ

Canada-based cannabis retailer High Tide is stepping back from its deal with Purecan GmbH to enter Germany’s medical marijuana market. Cannabis retailer High Tide rethinking acquisition of German operator is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

With the new year comes resolutions for healthier living, and what better way to embrace wellness than by incorporating cannabis into nutritious and delicious recipes? Whether you’re looking to infuse your meals with CBD for relaxation or THC for a little extra joy, here are a few unique, quick, and easy edible recipes that will keep you feeling great. Green Goddess Cannabis Smoothie A refreshing and nutrient-packed way to start your day, this smoothie blends the power of greens with the therapeutic effects of cannabis. Ingredients: 1 cup spinach ½ avocado 1 banana 1 cup unsweetened almond . . .

Bipartisan California senators and assemblymembers have filed a bill to create a psilocybin pilot program for military veterans and first responders-the latest in a series of attempts by lawmakers to enact psychedelics reform in the state. The legislation, led by Sens. Josh Becker (D) and Brian Jones (R), would establish a pilot program under the California Health and Human Services Agency (CHHSA) to provide for the “research and development of psilocybin services for targeted populations” in up to five counties across the state. The agency would be empowered to enter into partnerships . . .

The announcement could bolster MMJ International Holdings’ ongoing lawsuit against the DEA over a medical cannabis research application.

A California lawmaker wants to cancel a scheduled increase in the state’s marijuana excise tax of nearly 25% that many operators say would be ruinous. California bill would derail planned marijuana tax increase of up to 25% is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Hemp goods maker LFTD Partners (OTCQB: LIFD) announced Tuesday it entered into letters of intent for four separate acquisitions to expand into the regulated cannabis market in Illinois. The company plans to buy Illinois cannabis licenses, lease manufacturing space in Skokie, purchase industrial buildings in Rockford and invest in retail businesses,… Please login to read all 447 words.

“The question shouldn’t be whether Tennessee wants to regulate THC products-it’s whether we do it in a way that kills jobs and revenue or creates a smart, sustainable tax base that benefits everyone.” By Sarah Grace Taylor, Nashville Banner This story was originally published by the Nashville Banner. Sign up for their newsletter. Lawmakers are continuing a years-long tug of war over what types of hemp products can be grown and sold in Tennessee, debating bills to further restrict sales or even legalize cannabis in the state. Amid confusion around current retail rules, conservative . . .

The debate over medical marijuana legalization in Wisconsin is “not going to go away,” and there’s hope it can be resolved this session, top Republican leaders say. While there’s still serious skepticism about the state enacting broader adult-use marijuana legalization in 2025, as the Democratic governor again requested in his latest budget request, recent comments from GOP leaders signal that medical cannabis reform is on the table. “I don’t think anyone is naive enough to think that marijuana and THC products aren’t present in the state of Wisconsin when they are readily . . .

The cannabis industry is expanding rapidly, and pets are not being left out. CBD for animal companions has become popular as the cannabis laws have changed. So more owners are left asking how these changes impact the availability, safety, and legality of products designed for animals. So if you’re curious about how regulations shape choices, [ . . . ] Source: An Introduction to CBD for Pets Amidst Changing Cannabis Laws from Heady NJ

Idaho’s governor has signed a bill creating a new mandatory minimum fine for possession of marijuana. Under the legislation approved by Gov. Brad Little (R) on Monday, adults caught with less than three ounces of cannabis will face a mandatory minimum fine of $300. Sponsor Rep. Bruce Skaug (R), the sponsor of the measure, told a House committee last month that “we do not want this to become a marijuana state.” On the House floor, the representative asked colleagues: “Tell me what state-anybody who debates against this bill-what state is a better place because of the passage of . . .

“Pennsylvanians who want to buy cannabis are just driving across the border to one of our neighbors.” By Daniel J. Mallinson, Penn State via The Conversation After a long, largely successful march over 25 years to liberalize cannabis laws in the United States, the movement had a tough election in 2024. Legalization ballot measures failed in Florida, North Dakota and South Dakota. In Arkansas, votes on legalization were not even counted due to litigation over the measure. The only successful measures were passed in Nebraska. While they are being implemented, litigation on the programs is . . .

High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) halted its planned acquisition of German cannabis company Purecan GmbH, the Canadian retailer announced Tuesday, just weeks after initially unveiling the deal. The company is now looking at different ways to enter the German medical cannabis market after reconsidering the deal structure during its… Please login to read all 296 words.

A Republican lawmaker in Florida who wants to let medical marijuana patients grow their own cannabis at home says the proposal is failing to get much traction among members of his own party. “I hope to move it,” the bill’s sponsor, Rep. Joe Gruters (R), said on a podcast this month, “but there’s not a lot of interest in my Republican colleagues to move anything related to marijuana whatsoever.” The measure, SB 456, would allow state-registered cannabis patients 21 and older to grow up to two plants for personal use provided they first apply for and obtain a certificate from the . . .