Cannabis Market News and Legislation Updates

2026 Cannabis Reform Ballot (November 2026 Update)

Two states, Idaho and Massachusetts, had their cannabis reform measures on the 2026 ballot – both were defeated.

Updated: November 4, 2026

Minnesota Cannabis Market

Adult-use cannabis sales in Minnesota began on September 17, 2025, through the stores of two medical cannabis dispensaries holding medical cannabis combination licenses, and a licensed microbusiness in Duluth selling tribally grown cannabis flower. Adult-use cannabis sales are projected to add $850 million to Minnesota’s cannabis market.

Updated: October 17, 2026

Mississippi Cannabis Market

Retail medical cannabis sales grew from $97.5 million in 2024 to over $140 million in 2025, with cumulative sales surpassing $300 million by mid-2026. Growth was supported by a larger active patient base and higher average prices in certain product categories, including concentrates and infused edibles.

Updated: October 5, 2026

New Jersey Cannabis Market

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.

Updated: October 2, 2026

Virginia Cannabis Market

The state budget was signed into law on June 29, 2026, officially legalizing the framework for creating a regulated adult-use cannabis market in Virginia – which according to some estimates could be worth up to $3 billion. Sales are scheduled to start on July 1, 2027.

Updated: October 2, 2026

New Mexico Cannabis Market

Since April 2022, New Mexico cannabis market has exceeded $2 billion in total sales, of which $1.5 billion came from adult-use cannabis sales.

Updated: September 23, 2026

Arizona Cannabis Market

Key Takeaways Cannabis law and regulations: Arizona Revised Statutes: Arizona Medical Marijuana Act and Responsible Adult Use of Marijuana (the […]

Updated: September 17, 2026

Cannabis Extraction Business: Market and Trends

Cannabis Concentrates Market Size In 2025, the global market for cannabis extracts (oil, shatter, wax and hash) was valued at […]

Updated: September 7, 2026

U.S. Hemp CBD Industry, Legalization and Opportunities

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.

Updated: September 2, 2026

Update on U.S. Hemp Regulations: September 2026

Although the spending bill passed by Congress in November 2025 closed the hemp-derived THC loophole, President Trump’s December 18 executive order – calling for expanded medical cannabidiol research and access to full-spectrum CBD products – signals potential positive developments ahead for the industry.

Updated: September 2, 2026

Cannabis Market News and Legislation Updates

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