The Business of Cannabis

Cannabis Use Disorder Linked To 60 Percent Higher Risk Of Adverse Cardiovascular Events

Oct 2, 2023 | National

Cannabis is used by over 200 million individuals worldwide; the adverse effects associated with cannabis have profound implications. CUD affects 27%-34% of cannabis users and has become a significant public health priority, given the absence of treatments and limited...

22 State Attorneys General Call On Congress To Pass Marijuana Banking Bill That’s Heading To Senate Floor

Sep 27, 2023 | Feature, National

A bipartisan coalition of 22 state attorneys general, including Michigan AG Dana Nessel, is calling on Congress to pass a marijuana banking bill that cleared a key Senate committee on Wednesday. In a letter sent to congressional leaders on Tuesday, the top law...

Wholesale Cannabis Prices Rise, But Downward Pressure Expected When Croptober Starts

Sep 27, 2023 | Feature, National

Wholesale cannabis prices stabilized or rebounded in some key markets through the summer, but cultivators should brace for renewed downward pressure as the fall harvest boosts inventories through the end of the year, experts say. Chalk it up to simple...

U.S. Senate Committee Approves Bipartisan Marijuana Banking Bill, Sending It To The Floor

Sep 27, 2023 | Feature, National

The Senate Banking Committee has approved a bipartisan marijuana banking bill with amendments, sending it to the floor. On Wednesday, members voted to pass the Secure and Fair Enforcement Regulation (SAFER) Banking Act, sponsored by Sens. Jeff Merkley (D-OR) and Steve...

Bipartisan Senators File Revised Marijuana Banking Bill Ahead Of Key Committee Vote

Sep 22, 2023 | National

A revised bipartisan marijuana banking bill has officially been filed in the Senate, one week before a key committee is scheduled to vote on the legislation. But its prospects in the GOP-controlled House remain uncertain, with a key committee chairman declining to say...

Record Number Of Banks Serving Marijuana Sector

Sep 20, 2023 | National

A record number of banks, credit unions and financial institutions are providing services to state-legal cannabis companies, according to recent statistics from the U.S. Treasury Department. The agency’s Financial Crimes Enforcement Network – which tracks suspicious...