The Business of Cannabis

Puerto Rico: Support Grows To Open Financial Services To Cannabis Industry

Mar 31, 2026 | National

A bill that would allow more financial institutions to serve Puerto Rico’s medicinal cannabis industry received support at a public hearing, as lawmakers consider changes intended to lower costs and increase competition in the sector. House Bill 1103 would amend the...

Ohio Breweries Fighting THC-Infused Drink Ban To Keep Jobs In State

Mar 31, 2026 | Feature, Great Lakes Region

THC-infused beverages are officially outlawed in Ohio. The beverages are off store shelves and not being served in restaurants and bars, even though local breweries said they were popular there. After the failed petition to place a referendum on Senate Bill 56 on the...

Grand Rapids Calls It A ‘Voluntary’ Program — Cannabis Businesses Say It’s Extortion

Mar 31, 2026 | Feature, Great Lakes Region, Michigan

Four Grand Rapids marijuana businesses say they’re victims of “municipal extortion,” alleging the city used threats to their licenses to extract millions of dollars for a social equity nonprofit that’s not functioning. An amended lawsuit filed in Kent County Circuit...

Michigan Sheriff Running For Governor Pledges To Repeal Marijuana Tax Increase

Mar 31, 2026 | Feature, Great Lakes Region, Michigan

Genesee County Sheriff and Democratic gubernatorial candidate Chris Swanson came out strongly in opposition to the 24 percent cannabis tax passed as a part of the Fiscal Year 2026 budget to pay for Gov. Gretchen Whitmer’s (D) plan to fund road repairs statewide. In...

A Michigan Resort Town Wants To Reverse Course On Cannabis Businesses

Mar 31, 2026 | Feature, Great Lakes Region, Michigan

A small tourist town in southwest Michigan that welcomed marijuana businesses just a few years ago is now trying to reverse course, proposing a policy that could revoke permits required for cannabis retailers to operate after residents complained about traffic,...