The Business of Cannabis

Minnesota Governor Signs Bill Legalizing Recreational Marijuana In August

May 31, 2023 | Great Lakes Region, National

Surrounded by dozens of cheering people in green clothes, Minnesota Democratic Gov. Tim Walz signed a bill Tuesday to legalize recreational marijuana for people over the age of 21 starting in August, making Minnesota the 23rd state to legalize the substance...

More Michigan Cannabis Companies To Come Under Receivership

May 31, 2023 | Feature, Great Lakes Region, Michigan

Michigan cannabis companies have faced a challenging environment in the past year, with the price of marijuana flower rapidly declining, causing margins to narrow at a time when competition is increasing. As a result, some cannabis companies have...

Cannabis Pathogen That Reduces Yields Spreading Globally Among Plants

May 31, 2023 | National

Marijuana farmers in the Golden State have been broadly infected with a pathogen that’s actively reducing crop yields and the market value of cannabis, and the pathogen has spread as far as Europe, SFGate reported this week. As many as 90%...

Republican Presidential Candidate Nikki Haley Says Marijuana Legalization Is ‘Best Decided’ At The State Level

May 30, 2023 | National

Former South Carolina Gov. Nikki Haley (R), a 2024 Republican presidential candidate, says that it’s “really important” that states have the right to set their own marijuana policies regardless of ongoing federal prohibition. As the race for the party nomination...

Viridis Labs Recall Court Hearing Closed To The Public By Judge Without Explanation

May 24, 2023 | Feature, Great Lakes Region, Michigan

The case focuses on Cannabis Regulatory Agency accusations that Viridis Laboratories, one of the largest marijuana safety testing labs in the state, produced inaccurate test results related to potentially harmful contaminants, and inflated THC potency data. Viridis...