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Federal hemp regulations face potential delays as the Senate votes to extend the ban deadline, while new bipartisan legislation proposes treating hemp beverages like alcohol. Meanwhile, Rhode Island reopens its cannabis retail licensing process and New York authorizes microbusinesses to sell at farmers' markets.

Twelve Long Island school districts exceeded New York State's legal limit on unrestricted cash reserves during the 2025-26 school year, holding nearly $3.64 billion collectively. While administrators defend these reserves as prudent financial planning against inflation and unexpected costs, taxpayers question whether excess funds should instead be applied to reduce their substantial property tax burdens, which already see school taxes comprising more than half of homeowners' total property tax bills.

Florida's Attorney General has launched an antitrust investigation into CVS Health and its pharmacy benefit manager Caremark, examining whether the company inappropriately steered patients to CVS pharmacies and reimbursed them at higher rates than independent pharmacies. The investigation, part of a broader multi-state scrutiny of PBM business practices, seeks documents and testimony on policies related to transparency, reimbursement rates, audits, and market concentration in an industry where three PBMs co