Cannabis & Alternatives — Cannabis recriminalization efforts collapse in two states while MSOs face Big Tobacco-style class action lawsuit

Cannabis & Alternatives · 2026-05-07

TODAY'S SIGNAL — The cannabis industry's political durability is hardening. Two separate state-level repeal efforts have now failed in 2026, with only a well-funded Massachusetts campaign still alive, signaling that recriminalization has become a political dead-end outside the most organized opposition pockets. Simultaneously, the industry faces a new existential legal vector: a federal…