National.
The big picture on cannabis across America.
Coverage Across All Sections
Policy
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The Hemp Industry Has Five Months to Stop a Federal Ban. Congress Isn’t Moving Fast Enough.
The DEA’s June 26 Cannabis Registration Deadline Is 16 Days Away. Fewer Than 500 Businesses Have Signed Up.
Industry
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Dead Stock Is Killing Cannabis Retail Profits β and Most Operators Don’t Know It Yet
The Cannabis Wholesale Collapse Is Real β But It’s Not Happening Everywhere at Once
Culture
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The WNBA Dropped Its Weed Ban. Now Players Face New Rules on Psychedelics.
High Stakes: The NYC Chess Teacher Who Gets You Stoned Before You Study the Board
States
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By The Numbers
Key national cannabis statistics, 2025β2026$40B+
Annual Market Size
Total U.S. cannabis sales, combined adult-use and medical, estimated 2025.
43
States With Legal Access
States plus D.C. with some form of legal adult-use or medical cannabis access.
~50K
Active Cannabis Licenses
Retail, cultivation, manufacturing, and testing licenses across all legal states.
$15B+
Cumulative Tax Revenue
State cannabis excise taxes collected since first adult-use sales in 2014.
440K
Industry Jobs
Full- and part-time cannabis industry employees across the United States.
8,000+
Social Equity Licenses
Licenses issued to social equity applicants in states with equity programs.
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