The Business of Cannabis

Growers Under Increasing Threat from Cannabis Taxes

Jan 12, 2022 | National

For most operators in California’s cannabis industry, the licensed and regulated market probably feels like a slow-burning dumpster fire with no end in sight. But for politicians and state regulators who designed the legalized industry under Proposition 64, the...

Study Finds Cannabis Compounds Prevent Infection By Covid-19 Virus

Jan 12, 2022 | National

Compounds in cannabis can prevent infection from the virus that causes Covid-19 by blocking its entry into cells, according to a study published this week by researchers affiliated with Oregon State University. A report on the research, “Cannabinoids Block Cellular...

MJBiz Acquired By Emerald X For $120 Million-Plus

Jan 5, 2022 | Feature, Great Lakes Region, Michigan, National

MJBiz has been acquired by Emerald X, a wholly owned subsidiary of Emerald Holding, a New York-based business-to-business event and media company, for $120 million in cash plus potential earnouts. The acquisition includes MJBizCon, the oldest and...

Report: World Cannabis Market Size To Reach $128.92 Billion By 2028

Dec 29, 2021 | National

The global cannabis market size is expected to reach $128.92 billion by 2028, exhibiting an annual compound growth rate of 26.19 percent during the forecast period. Various research activities on genetic development and modification of the cannabis plant,...

Marijuana Wars: Violent Mexican Drug Cartels Turn Northern California Into ‘The Wild West’

Dec 29, 2021 | National

Mexican drug cartels are muscling in on America’s burgeoning multi-billion-dollar marijuana industry, illegally growing large crops in the hills and valleys of Northern California. The state legalized marijuana in 2016 for adult recreational use, yet the...

Limiting Marijuana Licenses Benefits Only Multistate Operators

Dec 22, 2021 | National

Cannabis legalization has taken many paths as it sweeps across the United States. Colorado and Washington state took the first stab at regulating cultivation, infused products, manufacturing and retail for medical and then adult use. Almost 10 years later, their...