The Business of Cannabis

Cannabis Producer Tilray Drops Plans To Achieve $4 Billion Sales Target For 2024

Feb 2, 2023 | Canada

Tilray Brands has quietly abandoned its pledge to achieve annual revenue of $4 billion (5.3 billion Canadian dollars) by the end of 2024, with analysts now predicting the North American cannabis producer will fall far short of that figure. The company’s...

Cannabis Stocks Get Increased Attention As More States Legalize Weed

Feb 1, 2023 | National

There’s been lots of movement in state legislatures regarding marijuana over the past few months. In November, Missouri and Maryland voted to legalize recreational marijuana. That doesn’t necessarily mean weed is immediately accessible, though. Passing a...

Wisconsin GOP Leader Says Lawmakers Not That Close To Legalizing Medical Marijuana

Feb 1, 2023 | Great Lakes Region

Wisconsin GOP lawmakers may be further away from taking up medical marijuana legislation this session than previously thought, based on comments from one of the Legislature’s top Republicans. In an interview that aired Sunday, Assembly Speaker Robin Vos,...

Court Strikes Another Major Blow To New York’s Cannabis Rollout

Feb 1, 2023 | National

A federal judge denied motions to drop an injunction that bars New York from issuing conditional dispensary licenses in five regions, extending uncertainty surrounding the program in particular, and state cannabis markets in general. The...

New Year Brings New Laws, Rules For Cannabis Businesses Nationwide

Feb 1, 2023 | Feature, Great Lakes Region, Michigan

With the start of a new year, cannabis companies across the country are tweaking their business models to meet changing laws and regulations that could affect sales and how they run their operations. Expanded delivery, new packaging and labeling restrictions as well...