Aaron Klien, of the Brookings Institute, told lawmakers that legislation for the cannabis industry needs to address ‘costly and unproductive’ SAR filings.

Gov. Josh Shapiro called on state lawmakers to legalize adult-use cannabis in the commonwealth, saying taxation and regulation are long overdue.

Gov. Ron DeSantis said a new measure, sponsored by the same committee that oversaw 2024’s failed initiative, won’t survive judicial review.

The state launched a cannabis banking directory for the industry, but the list of financial institutions is limited.

The Prairie States’ retail market grew 2.5% year-over-year, but sales attributed to out-of-state customers are down 20% since 2022.

The state’s licensed retailers sold 21.5% more pounds of medical cannabis in 2024 than in 2023, but revenue shrank 2.5%.