The Business of Cannabis

Texas Legislature On Verge Of Banning THC Products

The Texas House gave final approval Thursday to a bill that would ban all products containing tetrahydrocannabinol, or THC, likely spelling the end for the state’s short-lived hemp industry. Under the legislation, which is nearing the governor’s desk for approval,...

Virginia: Governor Vetoes Medical Cannabis Bill

Republican Governor Glenn Youngkin vetoed legislation seeking to improve the state’s medical cannabis program. HB 1989 sought to significantly improve product labeling and codify permissible delivery locations. Regulations promulgated by the...

DEA Alleges Chinese And Cartel Gangs Control U.S. Cannabis Trade

International crime syndicates have “taken control of” the legal cannabis industry, according to a Drug Enforcement Administration report released in May. By exploiting weak regulatory structures, criminal gangs are saturating markets in both the United States and...

California Regulators To Ban Some Animal Cannabis Products

California regulators are planning to ban animal cannabis products from having more than 1 milligram of THC, a proposal that veterinarians say would make the state’s market more dangerous for dogs and cats. Dr. Gary Richter, an Oakland veterinarian, called...