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...

LIV Cannabis Opens Detroit Dispo

LIV Cannabis Co. celebrated the grand opening June 17 of its Detroit location at 12604 E. Jefferson Ave., is one of the first adult-use cannabis dispensaries in the City of Detroit, the company said in a press release. The location will be operated in partnership with...

CRA Reports Disciplinary Action In May

Administrative formal complaints and disciplinary actions taken against adult-use/medical licensees in May are now available for review in the Cannabis Regulatory Agency’s May 2023 Disciplinary Action Report. This month’s disciplinary actions: Saginaw/Benzonia - Great...

NBA Nixes Cannabis Testing For Players

The National Basketball Association (NBA) will no longer drug test players for cannabis as part of the league’s new Collective Bargaining Agreement (CBA). Under the new CBA, tentatively agreed to by the league and the NBA Players Association (NBPA), players will no...