The Business of Cannabis

California: State Assembly Overwhelmingly Approves Bill Permitting Cannabis Retailers To Hold Live Events

May 29, 2024 | National

Lawmakers in the State Assembly have overwhelmingly voted in favor of legislation, Assembly Bill 1775, permitting cannabis retailers to expand their operations to include serving food and beverages and holding live events. Lawmakers voted 56 to 6 to...

SEC Lawsuit Claims CBD Exec Spent Most Of Investor Funds On Gambling, Luxury Goods

May 29, 2024 | National

The U.S. Securities and Exchange Commission (SEC) has filed suit against a Texas man the agency said collected $1.2 million from investors for a hemp business and then spent more than $755,000 on gambling, luxury items and rent on a swanky personal...

New Law In Iowa Bans Intoxicating Hemp, Restricts CBD To Those 21 Or Older

May 29, 2024 | National

Iowa Gov. Kim Reynolds has signed into law a bill that bans synthetically produced delta-8 THC and similar lab-made intoxicating hemp compounds that have grown in popularity as substitutes for marijuana products. The measure, Iowa House File...

Cannabis Controls Patients’ Pain While Improving Gastrointestinal And Pulmonary Function

May 29, 2024 | National

Do you know what killed 106,000 people in the United States in just one year?  In 2021, that many people died from drug-involved overdoses including illegal drugs and prescription opioids (over 75%), according to data from the National...

Marijuana Use Ups Drug Test Positivity Rates In Michigan

May 29, 2024 | Feature, Great Lakes Region, Michigan

Failed workplace drug tests continue to rise in Michigan, largely due to marijuana legalization and normalization. Among all drug categories — marijuana, amphetamines, cocaine and opiates — 6.8% of drug tests taken as a condition of employment in Michigan were...