The Business of Cannabis

US Lawmakers Aim to Close Hemp, THCA ‘Loophole’ In New Budget Proposal

Jun 11, 2025 | National

U.S. House lawmakers are taking up a must-pass appropriations bill that proposes rewriting the rules on hemp so that the legality of intoxicating products such as delta-8 THC edibles is no longer debatable. The House Appropriations Committee released the fiscal year...

Pot Stock Euphoria Vanishes As US Legalization Remains Elusive

Jun 11, 2025 | National

The stock market’s marijuana boom is over. And for the once high-flying cannabis industry, a euphoric dream of never-ending growth has turned into a survival nightmare as it navigates through the bust. The comedown has been brutal, with the largest exchange-traded...

Four20 Post Women in Cannabis Leadership Honoree Brandi Rice-Simpson

Jun 11, 2025 | Feature, FOUR20 Post

Brandi Rice-Simpson started her cannabis journey in California in 2011 when she started Hemphill Wellness, focused mainly around educating consumers and testing. She partnered with Iron Labs and with caregivers across Michigan and brought tested cannabis to the...

Ohio Legislature Proposed Changes To Voter-Approved Recreational Cannabis Could Drive More Consumers To Michigan

Jun 11, 2025 | Great Lakes Region

A host of changes proposed by the Ohio legislature to heavily modify the voter-approved recreational cannabis laws, plus a doubling of the cannabis tax, could seriously impact the Ohio cannabis market and drive more consumers to Michigan, experts contend. On Feb. 26,...

Timber Cannabis Agrees To Pay Employees $205,000 Settlement Over Keeping Tips

Jun 9, 2025 | Feature, Great Lakes Region, Michigan

A judge approved a deal Friday to try to solve a major buzzkill: Employees at a Michigan dispo chain said management was keeping tips left by happy customers. Timber Cannabis, which has seven locations, agreed to pay $205,000 to settle a lawsuit, though it admitted no...