OH Monthly Puff: Retail Expansion Stunted with Local Opt Outs

Ohio Cannabis Market Update, June 2026: SB 56 Reshapes Licensing Ohio’s retail market is shifting this June. The Ohio cannabis SB 56 dispensary cap took effect in March, merging adult-use and medical regulation under a single division and capping statewide dispensaries at 400. Local opt-outs still block legal retail for 14% of the state’s population. […]
FL Monthly Puff: April Rescheduling in Effect, 929K Patients, OMMU Rules Live, Trulieve $50M Buyback

Florida Medical Cannabis: April Federal Rescheduling Now in Effect, Program Reaches 929,360 Patients Florida’s medical cannabis market is navigating one of its most consequential stretches. The April 2026 federal order placing state-licensed medical marijuana in Schedule III is now in effect, the patient base has climbed to 929,360, OMMU’s new testing and authorization rules went […]
MI Monthly Puff: Cannabis Sales Rebound as Rule Rewrite Advances

Michigan Cannabis Sales Rebound as Rule Rewrite Advances, June 2026 The Michigan cannabis retail June 2026 update lands with the market climbing back from a winter low, regulators wrapping a multi-year rule rewrite, and licensing fights heating up in Menominee and New Buffalo Township. April sales topped $258 million while the 24% wholesale tax keeps […]
June Cannabis M&A: Distress, Dual Deals, and an $88.5M Facility Buy

Executive Summary June 2026 cannabis M&A is defined by exits and acceleration in equal measure. The largest MSO restructuring in cannabis history finalized this period as AYR Wellness handed more than 60 Florida dispensaries and multi-state operations to a creditor vehicle, while TerrAscend’s Michigan operations entered court-ordered receivership over roughly $210 million owed to lender […]
CA Monthly Puff: California Clarifies Tribal Cannabis Licensing Rules

California Clarifies Tribal Cannabis Licensing Rules, June 2026 California cannabis tribal licensing took a major step forward in late May when AG Rob Bonta issued Opinion No. 25-102, clarifying that tribes need a state license for commercial activity off tribal lands. Around the same time, the DCC moved on emergency rules tied to the federal […]
NY Monthly Puff: New York Cannabis Hits $3.3B as Federal Enforcement Lands Upstate

New York Cannabis Hits $3.3B as Federal Enforcement Lands Upstate New York cannabis enforcement May 2026 brought a federal escalation that the state has not seen before, with the DEA leading a multi-agency operation targeting three unlicensed shops in Massena and OCM crossing 600 padlockings statewide. At the same time, the Cannabis Control Board approved […]
New Jersey Monthly Puff: NJ Cannabis Hits $1.164B as LEAF Loans Open in June

New Jersey Cannabis Hits $1.164B as LEAF Loans Open, June 2026 The New Jersey cannabis retail June update lands with the state’s certified billion-dollar year on the books and capital finally moving toward smaller license holders. Recreational sales kept climbing even as flower prices fell more than 23%, the NJEDA opened a $15 million LEAF […]
National Monthly Puff: 5 States Drive Cannabis Retail Shifts in May

NATIONAL CANNABIS RETAIL MARKET UPDATE, MAY 2026 May 2026 cannabis state updates are landing across some of the biggest markets in the country, and the picture is anything but uniform. New York crossed $3.3 billion in cumulative sales and is now growing at 73.8% year over year, making it the most active expansion story in […]
MN Monthly Puff: Minnesota Cannabis Market Shifts in May

Minnesota Cannabis Market Shifts in May 2026 Minnesota cannabis licensing in May 2026 hit several inflection points at once. The Office of Cannabis Management reported 213 licenses issued from 3,541 applicants, lawmakers passed an omnibus bill creating a new macrobusiness license and merging medical and adult-use supply chains, and the Court of Appeals reversed Albert […]
AZ Monthly Puff: Cannabis Repeal Threat Dies, Five Products Recalled

Arizona Cannabis Repeal Threat Dies, Recalls Hit Shelves Arizona’s adult-use market just got a major reprieve. The Arizona cannabis Proposition 207 repeal effort was dropped this month after its lead organizer concluded the campaign was too costly and the political math too steep. At the same time, five products were recalled over possible Aspergillus contamination, […]