The Business of Cannabis

Michigan Cannabis Sales Down—And The Reason May Be In Your Neighbor’s Backyard

Feb 7, 2021 | Feature, Great Lakes Region, Michigan

Something has gone mysteriously missing from Michigan’s cannabis industry over the last six months: cannabis sales. After opening the state’s first adult-use stores in Dec. 2019, Michigan’s cannabis industry saw sales increase month-over-month at a sharp incline....

Virginia Lawmakers Pass Landmark Recreational Marijuana Legalization Bills

Feb 7, 2021 | National

Virginia took a major step toward becoming the 16th state in the nation to legalize a recreational marijuana market and the first in the South after the House of Delegates and Senate passed different legalization bills on Friday. The differences in those bills,...

How Interstate Commerce Could Upend The Marijuana Industry

Feb 7, 2021 | National

You can’t cross state lines with marijuana. Marijuana produced in one state – raw material or finished product, wholesale or retail – can’t be imported from, or exported to, another state for sale. That’s known as interstate commerce, and each state’s laws limit the...

November Sees Continued Slower Growth For Legal U.S. Cannabis Products

Feb 7, 2021 | National

Growth in demand for legal cannabis products in the United States was slightly slower in November than it was in October. This continues a new trend of much softer demand growth than we saw in the spring and early summer, according to Anderson Economic Group’s...

Funding For Marijuana Companies Surges After Democrats Win Control Of White House, Congress

Feb 5, 2021 | National

A Democratic election trifecta – control of the White House and both chambers of Congress – is giving marijuana industry executives hope for federal reform and encouraging investors to pump a record amount of money into cannabis businesses during the initial...