The Business of Cannabis

$3 Billion In Cannabis Debt Coming Due, Lenders Zero In On Overleveraged Companies

Jun 4, 2025 | National

As spurned lenders begin to encircle marijuana companies owing an estimated $3 billion in collective debt coming due soon, one overleveraged operator is resorting to what observers say are increasingly creative and desperate methods to protect assets from...

Seniors’ Getting High Reaches New High

Jun 4, 2025 | National

Older Americans are increasing their use of marijuana to a point where some geriatricians are warning about weed’s attendant health risks. The big picture: U.S. marijuana use among those 65 and older surged nearly 46% from 2021 to 2023, according...

Cannabis Legalization May Be Headed To US Supreme Court

Jun 4, 2025 | National

A group of cannabis companies looking to overturn the plant’s illicit status at the national level could be on their way to the U.S. Supreme Court. And there is reason for them to be optimistic that at least one justice is willing to take the case. Last week...

Trump Wants To Delete State Medical Marijuana Protections From Budget While Continuing To Block Cannabis Sales Legalization In D.C.

Jun 3, 2025 | Feature, National

President Donald Trump is again proposing to remove existing protections for states that have legalized medical marijuana, while maintaining a ban that’s prevented Washington, D.C. from enacting a system of regulated adult-use cannabis sales. As part of his budget...

How Much Longer Will Stalled Farm Bill Leave Hemp Industry In Legal Limbo?

Jun 3, 2025 | Feature, National

With the 2023 Farm Bill delayed yet again—this time extended through Sept. 30, 2025—the most urgent regulatory crisis in the U.S. hemp sector remains unresolved. How much longer will intoxicating hemp-derived products like delta-8 THC continue to define the public...

Analysis: State-Legal Cannabis Sales Top $30 Billion in 2024

May 30, 2025 | National

Sales of state-licensed cannabis products totaled $30.1 billion in 2024, according to data compiled by Vangst Staffing and Whitney Economics. This total represents a 4.5 percent increase year-over-year. Analysts expect sales to top $34 billion...