MI Monthly Puff: Michigan Withholds Cannabis Tax Memo as DEA Sets June Hearing

Michigan Cannabis Retail Market Update – May 2026 Michigan’s cannabis market enters May 2026 under a cloud of regulatory tension. The Whitmer administration is refusing to release an internal Cannabis Regulatory Agency memo on the Michigan cannabis wholesale tax, even as that tax is now funding road projects. Meanwhile, the DEA has locked in a […]
May Cannabis M&A: Vireo Closes Four Deals, Cannabist Exits

Executive Summary May 2026 cannabis M&A deals are being written almost entirely by one company. Vireo Growth closed four transactions and announced a fifth in roughly six weeks, building a total footprint of more than 160 dispensaries across 10 states while absorbing Hawthorne Gardening’s approximately $110 million balance sheet contribution. On the other end of […]
California Monthly Puff: Cannabis Retail Shifts in May

π Top Headlines This Month π DCC streamlines medical license designation after rescheduling ποΈ LA commission weighs new type-10 retail application rules π° Sonoma County zeros out cultivation and manufacturing tax β° Hanford extends third retail license deadline to June 5 β οΈ DEA clarifies HHC is illegal Schedule I substance California cannabis retail May 2026 […]
New York Monthly Puff: NY Cannabis Hits $3.3B as 280E Rescheduling Lands

New York Monthly Puff: NY Cannabis Hits $3.3B as 280E Rescheduling Lands New York cannabis 280E rescheduling moved from speculation to active federal guidance this month, and the state’s market just crossed $3.3 billion in total sales five years after the MRTA passed. Treasury and the IRS are preparing tax rules tied to the DOJ’s […]
New Jersey Monthly Puff: NJ Cannabis Market Heats Up in May

New Jersey Cannabis retail market update – May 2026 The New Jersey cannabis retail May 2026 picture is busy on every front. The state opened a $15 million loan program for small cultivators and manufacturers, the NJCRC locked in its 2026 public meeting schedule, and two new dispensaries cut ribbons in Trenton and Pemberton. Meanwhile, […]
US National Monthly Puff: Five States Define Cannabis Market Direction

Top Headlines This Month ποΈ Michigan cannabis sales hit multi-year lows as wholesale tax litigation continues π Illinois SB 4015 merges medical and adult-use dispensary licensing tracks π Kentucky retail prices fall as medical program supply chain matures π Minnesota cannabis retail builds momentum with steady sales and craft market focus βοΈ Ohio Supreme Court […]
Rhode Island Monthly Puff: Cannabis License Process Hit Hard

Rhode Island Cannabis Retail Market Update – April 2026 Rhode Island cannabis retail is at a standstill this April 2026, and the freeze is court-ordered. A federal injunction issued April 8 halted all new retail licensure statewide, locking 97 pending applications in place and blocking up to 20 licenses from moving forward. The state responded […]
Arizona Monthly Puff: AZ Cannabis Retail Faces New Laws, Equity Licenses, and a Scottsdale Vote

Arizona Cannabis Retail Market Update – April 2026 Arizona cannabis retail is moving through a lot at once this April. A nuisance bill with constitutional questions is working through the House, 26 new social equity licenses are queued up pending final rulemaking, Scottsdale is heading toward a zoning code vote, and statewide revenue softening is […]
Kentucky Monthly Puff: Cannabis Retail Expands as Prices Fall and New Stores Open

Kentucky Cannabis Retail Market Update – April 2026 Kentucky cannabis retail is moving fast this April. Prices are falling, menus are expanding, and new dispensaries are coming online across the state. With the legislature advancing beverage licensing and fresh testing infrastructure funding locked in, the program is showing real signs of maturation after a slow […]
Illinois Monthly Puff: ILDispensary Licensing Reshapes as Lottery Ruling Looms in April

ILLINOIS CANNABIS RETAIL MARKET UPDATE – APRIL 2026 Illinois cannabis retail is navigating a packed April 2026 with three moving parts at once: a major state bill consolidating dispensary licensing tracks, a live social equity application window in Cook County, and a long-running lottery lawsuit heading toward a May 21 ruling. The regulatory calendar is […]