The Business of Cannabis

$3 Billion In Cannabis Debt Coming Due, Lenders Zero In On Overleveraged Companies

Jun 4, 2025 | National

As spurned lenders begin to encircle marijuana companies owing an estimated $3 billion in collective debt coming due soon, one overleveraged operator is resorting to what observers say are increasingly creative and desperate methods to protect assets from...

Seniors’ Getting High Reaches New High

Jun 4, 2025 | National

Older Americans are increasing their use of marijuana to a point where some geriatricians are warning about weed’s attendant health risks. The big picture: U.S. marijuana use among those 65 and older surged nearly 46% from 2021 to 2023, according...

Cannabis Legalization May Be Headed To US Supreme Court

Jun 4, 2025 | National

A group of cannabis companies looking to overturn the plant’s illicit status at the national level could be on their way to the U.S. Supreme Court. And there is reason for them to be optimistic that at least one justice is willing to take the case. Last week...

On June 5, Ohioans Can Buy Twice As Much Adult-Use Pot

Jun 4, 2025 | Great Lakes Region

Ohio’s marijuana dispensaries will be able to sell higher quantities to nonmedical patients starting this week. The Division of Cannabis Control (DCC) announced new guidelines for nonmedical sales limits in late May. Beginning June 5, recreational customers can buy up...

Ohio Republicans To Overrule Voters On Cannabis Regulations By End Of June

Jun 4, 2025 | Great Lakes Region

Ohio Republicans plan to pass recreational marijuana reform by the end of June. Both the House and Senate are working together to create restrictions, which have drawn criticism from legalized marijuana supporters around the state. Under the law passed by Ohio voters...