The Business of Cannabis

What to Know About Medicare’s Hemp-Derived Product Program

Under the program announced on April 1, "eligible hemp-derived products can be incorporated into patient care plans under clinician guidance, consistent with model requirements and applicable law," CMS said in a press release. However, the program will...

Experts: Expanded Cannabis Access In Las Vegas May Benefit Gaming Industry

Experts in gaming, cannabis policy, and state government say expanding access to legal, regulated cannabis in Las Vegas could bolster tourism. It could also support the broader gaming industry. This is especially important as visitation softens. Moreover,...

Eastern North Carolina Senator’s Bill Would Put Marijuana Legalization On November Ballot

Voters in North Carolina could decide the future of marijuana after Senate Democrat Kandie Smith of Greenville and two colleagues introduced Senate Bill 1072 on Monday. The legislation is intended to bypass years of legislative gridlock by placing...

Psychedelics Move Into The Spotlight

Psychedelic drugs may be having a moment in Michigan and nationwide. In April, President Donald Trump signed an executive order making them available to treat mental health conditions including depression and anxiety.   And in Michigan, the Democratic Party...

Body And Mind Sells Muskegon Dispensary

Body and Mind Inc. received all necessary regulatory approvals to divest its Muskegon dispensary, the company said Friday. The transaction, outlined in an April 14 stock purchase agreement, officially took place on June 13 when DEP Nevada Inc., a wholly owned...

Cannabis Arrests Down As DEA Seizes Six Million Plants In 2022

The US Drug Enforcement Administration and its law enforcement partners arrested fewer people for cannabis-related offenses in 2022 compared to the previous year, according to annual data from the federal agency. The DEA also seized nearly 6 million cannabis plants...