The Business of Cannabis

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...

Texas Legislature On Verge Of Banning THC Products

May 28, 2025 | National

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,...

Federal Labor Law Preempts State’s Attempt To Regulate Union Activity In Cannabis Industry

May 28, 2025 | National

In an ironic turn of events this week, the application of federal law benefited state-licensed cannabis businesses in Oregon—and potentially nationwide. Those involved with the cannabis industry often view federal law as an impediment to cannabis businesses, given the...

Virginia: Governor Vetoes Medical Cannabis Bill

May 28, 2025 | National

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

May 28, 2025 | National

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...