Georgia’s medical cannabis program is set to expand following the approval of Senate Bill 220, introducing vaporization formats for patients aged over 21, removing the restrictive 5% product potency cap, and significantly easing patient access.
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As of May 2026, at least five states have medical/adult-use cannabis reform proposals in process.
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As of May 2026, three states – Idaho, Massachusetts, and Nebraska – could have their cannabis reform measures on the 2026 ballot, scheduled to be held on November 3.
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While near-term headwinds persist, industry forecasts project a recovery, with Illinois Cannabis Market estimates ranging from $2B to $2.8B by 2027.
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Medical cannabis sales have risen from $3.5 million in 2020 to $13.6 million in 2023, and after a brief contraction to $13 million in 2024, continued their upward trajectory. From January to October 2025, medical cannabis sales in Iowa totaled $13.7 million, driven by a continuous rise in annual transaction volume and a stable active patient base.
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Key Takeaways Cannabis law and regulations: Oklahoma voters authorized the state’s medical marijuana program in 2018 with State Question 788. […]
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Hemp is rapidly gaining global recognition as a versatile, sustainable crop with applications in building materials, food, personal care, textiles, and medicine. The rising awareness of its benefits and quickly developing regulations are projected to drive a $17 billion market by 2030.
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Since adult-use cannabis sales began in April 2022, the New Jersey adult-use cannabis market has generated more than $3 billion in total revenue.
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As of April 2026, Idaho remains one of the most restrictive states for cannabis, with no legal medical or recreational program. However, Idaho voters may soon have the chance to change this if the Idaho Medical Cannabis Act qualifies for the November 2026 ballot.
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Total utilized production value hit $739 million (+64% YoY), driven by a 34% increase in harvested hemp acreage and a rise in value of hemp flower and grain.
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