The Business of Cannabis

Cannabis Cafes Get Green Light In California

Governor Newsom signed the bill after his concerns about second-hand smoke were addressed. California Gov. Gavin Newsom signed Assembly Bill 1775 into law, which will allow local municipalities to begin permitting “cannabis cafes” to serve...

Timing Wrong For Bill Seeking To Raise THC Limit For Hemp

U.S. Sen. Rand Paul has again introduced legislation that would triple the THC limit for industrial hemp, an act of poor timing if we ever saw one. Rand has refloated the Hemp Economic Mobilization Plan (“HEMP” Act), which suggests an increase from 0.3% to 1.0%...

Weed Companies Make More Money Selling Beer Than Pot

Tilray Brands Inc.’s big bet on legal cannabis is proving so overoptimistic it is now relying on the alcohol market it once aimed to disrupt. A long-awaited easing in US cannabis laws, known as rescheduling, is still at least months away, leaving in place suffocating...