Financial

Hemp Legalization

Hawaii Governor Signs Bill Requiring Hemp Retailers and Distributors to Register with the State

Hawaii is tightening its grip on hemp regulation with a new bill signed into law by Governor Josh Green. The legislation mandates that all hemp product distributors and retailers operating in the state must register with the Hawaii Department of Health, aiming to improve oversight and safety in a rapidly expanding market. The new law …

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Cannabis Jobs

U.S. Cannabis Industry Loses Jobs Despite Record $30 Billion in Sales

In a surprising shift, the U.S. legal cannabis industry reported a 3.4% drop in full-time equivalent jobs last year—even as sales hit a record $30.1 billion, marking a 4.5% increase from 2023. This represents the sharpest employment decline the industry has seen since federal efforts to track cannabis jobs began in 2017. The data reveal that …

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Cannabis Jobs

Marijuana Industry Tops Job Satisfaction Rankings Nationwide

A new national workforce survey has revealed that employees in the cannabis industry report the highest levels of job satisfaction of any sector in the U.S. The report, covering over 1.5 million shift workers, showed nearly 92% of cannabis retail staff described feeling “good” or “amazing” at the end of their shifts—significantly outpacing other industries. …

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Cannabis Trends

Sports Fans Embrace Cannabis Sponsorships in Major Leagues

A growing number of American sports fans are expressing strong support for cannabis brands sponsoring their favorite teams. A recent national poll has found that the majority of adult fans would welcome both CBD and THC product sponsorships across top-tier professional sports leagues, including the NFL, NBA, MLB, NHL, UFC, and more. In states where …

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Hemp

Snoop Dogg Expands Cannabis Brand With New THCA Hemp Platform

Hip-hop icon and cannabis entrepreneur Snoop Dogg has expanded his brand footprint once again—this time with the launch of a new online hemp store, TryDeathRow.com. The platform offers a curated selection of THCA flower and pre-rolls that are legal under the 2018 Farm Bill, positioning itself as a premium, federally compliant cannabis experience available nationwide. The …

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Cannabis Marketing

Michigan Cannabis Shop’s Bigfoot Statue Sparks Debate Over Marketing to Kids

A Michigan marijuana dispensary has drawn criticism after installing a large Bigfoot statue outside its entrance, reigniting discussions about whether cannabis retailers target children with whimsical marketing. The 10-foot statue, unveiled this summer at a Lansing-area dispensary, features Bigfoot holding a cannabis leaf and wearing a friendly expression. Supporters argue it’s a fun and unique …

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Marijuana Legalization

Hotels See Major Revenue Boost After Marijuana Legalization

A recent study has found that adult-use cannabis legalization significantly boosts hotel revenue. Analysis across Colorado revealed a 25.2% increase in monthly hotel income—an average gain of $63,671 per property—after recreational cannabis dispensaries opened. This revenue growth continued for at least six years post-legalization. Further data shows room-night bookings rose by 7.9%, and daily room …

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MARIJUANA TAX REVENUE

Pennsylvania Could Bring in Over $2 Billion in Marijuana Tax Revenue Within Five Years, Report Finds

A new economic report projects that Pennsylvania could generate more than $2.1 billion in cannabis tax revenue within five years if the state enacts adult-use marijuana legalization. The findings come as lawmakers continue debating multiple legalization proposals in the state legislature. The analysis, released by the state’s Independent Fiscal Office (IFO), evaluated the potential fiscal …

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MARIJUANA TAX REVENUE

States Have Collected Nearly $25 Billion in Marijuana Tax Revenue Since Legalization

A new report shows just how powerful legal cannabis has become as a source of public revenue. Since the first state-legal marijuana sales launched in 2014, states have collectively generated nearly $25 billion in cannabis tax revenue, according to data released by the Marijuana Policy Project (MPP). The report covers both recreational and medical marijuana …

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MARIJUANA LEGALIZATION

Legalizing Marijuana Lowers Workers’ Comp Costs and Prescription Drug Use, New Study Finds

Legal cannabis reform is paying off in more ways than one. A new study reveals that states with legal marijuana programs are seeing a significant reduction in workers’ compensation claims and prescription drug use among injured workers. Published in the journal Health Economics, the research analyzed data from over 2 million workers’ compensation claims between …

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