News and Information about the Business of Cannabis

Colorado Pot Prices Drop To $649 A Pound

Colorado Pot Prices Drop To $649 A Pound

Colorado cannabis cultivators keep going out of business, but flower prices keep falling. The average market rate (AMR) for wholesale marijuana flower fell to $649 per pound, tying an all-time record low, according to the Colorado Department of Revenue. That’s...
Trump’s India Tariffs Threaten Cannabis Pre-Roll Market

Trump’s India Tariffs Threaten Cannabis Pre-Roll Market

The Trump administration’s recently imposed 50% tariff on imports from India is threatening the cannabis industry’s fastest-growing sector. India is the world’s largest supplier of pre-rolled cones, a key part of a product category that recorded $2.3 billion in...
Marijuana Industry Group Pushes Congress For Tax Relief

Marijuana Industry Group Pushes Congress For Tax Relief

A leading marijuana industry association has released a report calling on Congress to treat cannabis businesses like other lawful industries by allowing them to take federal tax deductions—and also to apply that policy retroactively to provide relief for past...