New Mexico officials are celebrating a new milestone for the state’s marijuana industry, with retailers hitting recording more than $1 billion in total sales since the launch of the state’s adult-use cannabis market. February’s sales totals included more than $35 million in adult-use purchases—the second-highest monthly amount on record,... Read more

Virginia lawmakers last week passed legislation that would finally license and regulate retail marijuana sales in the commonwealth—where use, possession and limited home cultivation of cannabis is already legal. The bill now heads to the desk of Gov. Glenn Youngkin (R). Supporters have worked for years to adopt a... Read more

Marijuana legalization has been “associated with a decline in beer sales,” suggesting a substitution effect where consumers shift from one product to the other, according to a new Canadian study. As Canada sees cannabis tax revenue surpass that generated from beer and wine, the study published in the journal... Read more

The Delaware lawmaker behind the state’s marijuana legalization law says he will be introducing cleanup legislation in the coming days to help “get the industry up and running” as regulators continue to propose rules and consider the possibility of letting existing medical cannabis dispensaries start selling to adult consumers... Read more