The Business of Cannabis

New York Moves To Let Medicaid Pay for Medical Marijuana

Mar 29, 2023 | National

New York lawmakers got a step closer to authorizing state-funded insurance payments to cover the cost of medical cannabis for patients, with a bill to do so advancing easily out of a state Assembly committee hearing. The measure has a companion bill in the state...

How The 2023 Farm Bill Could Change The Game For THC Products

Mar 29, 2023 | Feature, National

Five years ago, Congress used the farm bill to legalize hemp production, creating a booming industry but leaving gaping legal loopholes around interstate commerce and derivative cannabis products.  Now, advocates in the cannabis industry and lawmakers are hoping...

Congressman Blasts Federal Government’s ‘Hopelessly Out Of Step’ Marijuana Policy In Comments To Top Health Official

Mar 29, 2023 | National

The federal government is “hopelessly out of step” with the American public on marijuana legalization, a congressman said on Tuesday, addressing the head of the U.S. Department of Health and Human Services (HHS). At a hearing before the House Ways & Means...

$80 Ounces In Michigan, $4 Grams In Oregon – How Low Can Marijuana Industry Go?

Mar 22, 2023 | National

The 2023 Recreational Marijuana Supply and Demand Legislative report from the Oregon Liquor and Cannabis Commission states that per-gram cannabis prices in Oregon have decreased by 16% from the previous year, reaching an all-time low of $4. According to the OLCC,...

Kids Taken From Family Following Marijuana Arrest Remain In Tennessee State Custody Following Hearing

Mar 22, 2023 | National

Five children taken from a Black family after a traffic stop in Coffee County will remain in the custody of the Department of Children’s Services following a hearing in juvenile court on Monday. Bianca Clayborne and Deonte Williams were pulled over by the...

Clouds Darken Over CBD As More States Consider Banning Delta-8

Mar 15, 2023 | National

More state governments are joining the growing chorus that would ban synthetic, hemp-derived delta-8 THC, with Arkansas, West Virginia and Texas the most recent to take such measures under consideration. If the bans are implemented, those states would join 15 others...