The Business of Cannabis

Connecticut: New Bill Supports Hemp Industry

Oct 14, 2020 | National

With Connecticut’s hemp industry growing, Governor Ned Lamont signed a bill Tuesday to facilitate hemp production in the state. During the recent special session, legislators passed the House bill known as An Act Revising the State Hemp Program in Accordance...

Election 2020 and Marijuana Legalization

Oct 14, 2020 | National

Five states will vote on cannabis-legalization measures on November 3.New Jersey, Arizona, South Dakota, and Montana are set to vote on legalizing cannabis for all adults over the age of 21. South Dakota also has a medical-cannabis measure on the ballot.Mississippi...

Illinois 2020 Recreational Marijuana Tax Revenue Passes $100M

Oct 14, 2020 | Great Lakes Region

Illinois has collected more than $100 million in recreational marijuana tax revenue since legalizing sales on January 1, according to the state’s Department of Revenue. The tax revenue, which includes a cannabis tax, as well as state and local sales taxes, reflects...

Maine Starts Recreational Pot Sales

Oct 14, 2020 | National

If you want to smoke pot in Maine, you can now buy it legally.  Sales of marijuana for recreational use began Friday in the state, one of 11 that have made it legal for adults, 21 and older, to possess small amounts for non-medical purposes. Washington D.C. has...

High Profile Opens New Cannabis Dispensary In Grand Rapids

Oct 14, 2020 | Feature, Great Lakes Region, Michigan

Grand Rapids is getting a new cannabis dispensary.  The High Profile Boutique chain opened its fifth location in the West Michigan city on Monday. The dispensary will start as a licensed medical marijuana shop and is expected to incorporate adult-use sales by the...