Top Stories (2026) -
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| May 6, 2026 |
Hard to predict results of raising legal age to purchase cannabis, says expert The P.E.I. government is considering raising the legal age to purchase nicotine pouches and cannabis to 21. CBC News: Compass host Louise Martin speaks to a pediatrician and researcher from Quebec, where the legal age to purchase cannabis is already 21. |
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| May 6, 2026 |
America’s CBD Industry Now Faces Same Evidential Battle Europe Has Been Fighting for 8 Years The long and arduous journey to regulate cannabidiol (CBD) in Europe, which began in 2018 with the European Union’s classification of CBD as a ‘novel food’, is now playing out in the courtrooms of the United States. On 1 May 2026, a federal judge in Washington heard oral argument in a pivotal court case set to determine whether a US government programme to introduce hemp-derived CBD into Medicare-funded care should be halted. |
| May 6, 2026 |
Target Is Launching Hemp THC Drink Sales In Three Of The U.S.’s Most Populous States Major retailer Target is deepening its involvement in the hemp-derived THC beverage market by launching sales in three more states—significantly expanding beyond a pilot program it rolled out in Minnesota last year—even as a federal law is set to ban the products later this year. Last year, the company began a pilot program involving sales of cannabis drinks at 10 select stores in Minnesota. It later applied with state officials for licenses to sell THC beverages at all 72 of its stores in the state, where the company is headquartered. |
| May 6, 2026 |
Cannabis Stocks Are Going Nowhere Quickly The New Cannabis Ventures Global Cannabis Stock Index has rallied slightly in May, rising 1.1% to 5.76. It is down year-to-date by 12.6%. The index, which was rebalanced as of the end of Q1, has rallied 9.9% so far in Q2, which is behind the S&P 500’s gain of 12.8%. Here are the returns of the 23 names currently in the index (SMG was removed as of the end of April subsequent to its sale of Hawthorne Gardening): |
| May 6, 2026 |
PEI considering raising the cannabis age of access to 21 Prince Edward Island is considering raising the age of access to cannabis from 19 to 21 years of age. As part of an effort to raise the age of access to nicotine pouches, PEI Health Minister Cory Deagle told CBC News that he supports the effort to also raise the age of access to cannabis products. |
| May 5, 2026 |
Experts Say Partial Marijuana Rescheduling is Causing Confusion While the Trump administration has taken a partial step toward rescheduling marijuana, the move has left many in the industry uncertain about what comes next. Acting AG Todd Blanche recently signed an order moving certain cannabis-related products out of the most restrictive federal category. Specifically, products sold through state-licensed medical cannabis programs, along with those approved by the FDA, will move from Schedule I to Schedule III. |
| May 5, 2026 |
North Carolina Voters Could Decide To Legalize Marijuana At The Ballot In November Under New Senate Bill North Carolina senators have filed a new bill that, if enacted, would allow voters to decide whether to legalize marijuana for personal or medical use at the ballot box this November. The legislation, filed by Sens. Kandie Smith (D), Caleb Theodros (D), Paul Lowe Jr. (D) and Joyce Waddell (D), seeks to place two separate cannabis questions before voters. |
| May 5, 2026 |
Cannabis 2016–2026: The Green Rush Fizzled. What Came Next Is More Interesting Over the past decade, cannabis has shifted from taboo to a regulated global industry, with expanding legalization, medical adoption, and economic impact. Yet in 2026, early “Green Rush” expectations have given way to a more complex reality shaped by bureaucracy, uneven policies, and ongoing cultural and political debate. |
| May 4, 2026 |
How to Grow Cannabis: From Planting to Harvest
The Old Farmer’s Almanac: Cannabis grows much like other warm-season garden crops, such as tomatoes—but timing and plant type matter more than with most backyard plants. Knowing when and where to start is the key to success. In most climates, seeds are started in late winter or early spring, with harvest in late summer or fall. |
| May 4, 2026 |
GOP Congressmen Advance Legislation to Block Marijuana Rescheduling Republican lawmakers on a key House committee are pushing forward a spending proposal that could halt federal efforts to reschedule cannabis. The move comes shortly after the Trump administration signaled plans to proceed with reclassifying the drug. The House Appropriations Subcommittee on Commerce, Justice, Science & Related Agencies released draft legislation that includes language designed to block any funding from being used to alter marijuana’s current status under the CSA. |
| May 4, 2026 |
Why Global Expansion Is Becoming a Strategic Imperative for Cannabis Companies
For years, and particularly since the 2018 Farm Bill and the growing medical market, U.S. cannabis was viewed as the global industry’s primary growth engine. Here was where companies raised capital, built brands and MSOs and scaled operations despite federal limitations. Today, however, that same market presents structural constraints that are reshaping how operators think about long-term growth. |
| May 4, 2026 |
Cannabis leads US microdosing, with 24.1 million adults reporting lifetime use Researchers from University of California San Diego have found that microdosing—taking very small amounts of psychoactive substances—is more common among U.S. adults than previously recognized, with cannabis leading by a wide margin. The study, published in the American Journal of Preventive Medicine, estimates that millions of Americans have microdosed substances such as cannabis, psilocybin, LSD ("acid") and MDMA ("ecstasy"). |
| May 4, 2026 |
Medical Marijuana Can Be A ‘Profoundly Helpful Tool’ For Seniors Dealing With Pain And Other Maladies As a primary care physician, I see it every day in my clinic: seniors are increasingly turning to cannabis to find relief from the medical indignities of aging. Whether it’s the grinding discomfort of chronic pain, the “gray” fog of late-life anxiety or the persistent, soul-crushing frustration of insomnia, older adults are discovering that the cannabis plant can often do what many of our standard prescriptions cannot—provide genuine relief without a laundry list of debilitating side effects. |
| May 4, 2026 |
New York Officials Are Now Accepting Applications For Marijuana Farmers’ Markets And Pop-Up Events New York marijuana officials have announced that they have begun accepting applications from licensed dispensaries that want to host temporary cannabis farmers’ markets and pop-up events. The Office of Cannabis Management (OCM) on Monday launched the application process for what the state is calling “Cannabis Showcase Events.” |
| May 4, 2026 |
Bahamas Cannabis Authority chairman: Licensing platform for firms complete Lynwood Brown, chairman of the Bahamas Cannabis Authority, told Guardian Business yesterday that the licensing platform for firms making application for cannabis licenses is completed, and all that is needed now is the marketing campaign for applicants to be made aware of the process. Brown said: "The platform is finished, it's ready. The cannabis authority's office has already been paid for, we have already gotten possession of it. We're just waiting for the right ministry to come and furnish it. This will happen after the general election and depending on the direction the election lands." |
| May 4, 2026 |
Australian Medical Cannabis Sales Decline 28.5% Amid Increased Regulatory Enforcement Australia’s medical cannabis sales experienced a 28.5% decline in the second half of 2025 compared to the first half, marking the first significant reduction since the national program’s establishment in 2016. This downturn in medical cannabis sales is detailed in a new report from the Penington Institute, an independent Australian not-for-profit focused on drug-related harm reduction. The Institute attributes this decline primarily to increased regulatory enforcement targeting high-volume medical clinics and prescribers, as reported by GN: medicinal cannabis. |
| May 4, 2026 |
Hops and Cannabis Share Genetic Sex Switch, Scientists Discover Researchers at University College Dublin have identified a genetic “switch” that determines the sex of cannabis plants — and found that the same system may also be present in hops. Published in New Phytologist, the study identifies a specific region of the X chromosome that influences whether cannabis plants develop as male, female, or both. |
| May 3, 2026 |
Israel got hooked on medical cannabis. Now it faces a hard road back A decade after Israel opened the door to medical cannabis with the stated goal of easing patients’ suffering and integrating it as a therapeutic tool, the country finds itself in a very different place: one of the world’s most active and expansive cannabis markets, with features that resemble a loosely regulated consumer market more than a health care system. |
| May 3, 2026 |
Legal Weed Left the Bong Makers Behind
The federal paraphernalia statute that helped send Jerome Baker Designs founder Jason Harris to jail is still on the books. Twenty years later, he is relaunching in New York anyway. |
| May 3, 2026 |
Fuel costs and canceled orders: How the US-led war on Iran is hurting cannabis Along with price compression and tax woes, geopolitics continues to trouble the legal cannabis industry. A sharp increase in fuel costs attributed to the U.S.-led war against Iran is rattling the cannabis industry supply chain, forcing retailers to reevaluated their purchasing strategies and adapt to new consumer behavior as manufacturers in need of shipping solutions ponder “a full freight reset, operators told MJBizDaily. |
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