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Whitney Economics Issues US Cannabis and Hemp Beverage Report: THC Beverage Sales Top $1.1 Billion in 2024

The report examines the emerging THC beverage industry from a policy and regulatory perspective, addressing demand by state, and providing an estimate of current and future legal sales.

Texas Hemp Industry Commends Lawmakers for Rejecting Hemp Ban, Calls for Practical Reforms

The Texas Hemp Business Council continues to advocate for limiting consumable hemp product sales to those 21 and older, among other regulations.

Bountiful Farms Expands to Adult-Use Retail With Plans to Open 2 Massachusetts Dispensaries

The licensed cultivator and wholesaler is planning grand openings later this month at stores in Rowley and Framingham.

Bountiful Farms

Glass House Brands Board Member Dies

The California cannabis company announced the death of George Raveling.

Missouri Shangri-La Dispensary Workers Officially Free of Unwanted UFCW Union Boss ‘Representation’

Labor Board certifies workers’ victory in case to remove UFCW after union officials disclaim representation and walk away.

Standard Wellness Acquires Greenstock, Expands Ohio Dispensary Footprint

The cannabis company’s $1.35 million acquisition is for a fourth retail facility in the Buckeye State.

High Tide Closes Acquisition of a Majority Stake in Remexian Pharma GmbH

The cannabis company completed the deal for a 51% interest in Remexian for €26.4 million and has a five-year option for the remaining 49% interest.

AYR Wellness Executes Senior Secured Bridge Credit Agreement

The agreement will provide the company with up to $50 million of committed funding to support ongoing operations.

282 Ascend Cannabis Workers Organize With Teamsters in Illinois

Teamsters Local 916 secured a win for the unionized workers.

Whitney Economics Identifies Flaws in USDA Methodology in Calculating Hemp Cultivation Sector’s Value to US Agriculture

The data actually shows hemp farmers are benefiting more in terms of percentage of retail revenues than corn or soy farmers.

Cornbread Hemp Announces THC Beverage Sponsorship in College Athletics

The family-owned hemp THC drink maker is sponsoring the Division I Louisville Cardinals athletic program.

Cornbread Hemp

Texas Lieutenant Governor’s Prohibition Push Draws State Veterans’ Ire

The Grunt Style Foundation, which advocates for veteran mental health, believes that Texas veterans are fed up with Lt. Gov. Dan Patrick.

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