The Business of Cannabis

DEA Picks 25 To Participate In Cannabis Rescheduling Hearing

Nov 6, 2024 | Feature, National

The U.S. Drug Enforcement Administration has contacted 25 “designated participants” to testify at a Dec. 2 hearing about marijuana rescheduling, according to documents obtained by MJBizDaily. Before marijuana can be moved from Schedule 1 to Schedule 3 of the...

Study: Cannabis Edibles Reduce Chronic Lower Back Pain

Nov 6, 2024 | National

The consumption of cannabis-infused edible products, particularly those that are higher in THC content, provides acute relief for patients with chronic lower back pain, according to data published in the journal Frontiers in Pharmacology. Researchers...

Florida Voters Reject Marijuana Legalization Ballot Measure Endorsed By Trump And Opposed By DeSantis

Nov 6, 2024 | National

Florida voters have rejected an initiative to legalize marijuana for adult use. While the measure got a clear majority of votes, it failed to achieve the steep 60 percent vote threshold needed to pass a constitutional amendment under state law. The initiative did...

Cannabis Regulatory Agency Now Accepting Applications For FY 2025 Social Equity Grant Program

Nov 1, 2024 | Feature, Great Lakes Region, Michigan

During the last fiscal year, 62 Michigan social equity licensees received over $16,000 each through the Cannabis Regulatory Agency’s (CRA) Social Equity Grant Program (SEGP). The CRA is excited to announce that the SEGP will be returning again this fiscal year, and...

Auction To Sell The Last Of Skymint’s Equipment Nov. 12-13

Oct 30, 2024 | Feature, Great Lakes Region, Michigan

A two-day auction is scheduled for next month to sell the remaining equipment assets formerly owned by defunct Skymint, which entered receivership in March 2023 after defaulting on loans. Robert Levy Associates and Solid Asset Solutions on Monday said in a news...