The Business of Cannabis

It’s Time To Get Serious About U.S. Marijuana Stocks

Aug 11, 2021 | National

With state legalization expanding and financial troubles receding, Wall Street says it’s time to pay attention to U.S. marijuana stocks. Their path to profitability is firmer than their better-hyped Canadian counterparts, analysts say. The playing field is...

Scotts Miracle-Gro Plans To Invest $150 Million In RIV Capital

Aug 10, 2021 | National

The Scotts Miracle-Gro Co. is broadening its move into cannabis by launching a new subsidiary that will allow the Ohio-based lawn and garden giant to invest in emerging areas of the marijuana industry. The new subsidiary, called The Hawthorne Collective,...

Proposed Tax Rates In Schumer’s Marijuana Reform Bill Elicit ‘Sticker Shock’

Aug 10, 2021 | National

The draft bill outlining Senate Majority Leader Chuck Schumer’s federal marijuana reform legislation sets a nationwide MJ excise tax that would rise from 10% to 25% over five years, a top rate that industry officials argue would be overly burdensome to...

Study: Medical Cannabis Treatment Associated with Sustained Relief, Decreased Use of Analgesics in Chronic Pain Patients

Aug 5, 2021 | National

Patients diagnosed with chronic pain experience sustained relief from the use of medical cannabis, and many of them reduce or eliminate their use of analgesic drugs over time, according to longitudinal data published in the European Journal of Pain. A...

Senators Vote To Expand Medical Marijuana Access For Military Veterans As Part Of Appropriations Bill

Aug 5, 2021 | Feature, National

A Senate Appropriations Committee approved an amendment on Wednesday that is meant to enable military veterans to access medical marijuana – by allowing Veterans Affairs (VA) physicians to grant recommendations in states where it is legal. The measure, sponsored...

Proximity to Marijuana Retailers Doesn’t Influence Young People’s Intention to Use Cannabis

Aug 3, 2021 | National

Young adults who live near state-licensed marijuana retailers are no more likely to express an intention to use either cannabis or tobacco than those who do not, according to data published in The Journal of Cannabis Research. Researchers with the RAND...