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...

Suspended Pot Processor Sued By Former Vendor

The state suspended the marijuana licenses of processor TAS Asset Holdings LLC in late February. The Lansing-based licensee of Fwaygo Extracts, a brand for vape cartridges and concentrates, was allegedly sourcing illegally grown marijuana for use in its processing....

Free Report: Cannabis Consumers In America 2023

New Frontier Data has published a report on cannabis consumers that draws from its 2023 cannabis consumer survey, and details new insights into demographics, product preferences, purchasing habits, motivations for use and attitudes towards cannabis consumption. With...

USDA Awards $4.9 Million Contract To Hemp Project

Ag research and Extension teams from multiple universities across the Southeast U.S. will be prioritizing hemp crops with climate-smart management with help from a five-year, $4.9 million USDA Climate-Smart Commodities grant. The project led by Florida A&M...

Locals Own Most Lansing Dispensaries

Michigan Cannabis Industry Association Executive Director Robin Schneider said there is an assumption that large multi-state operators, or MSOs, in the marijuana industry that control many facets of the weed industry including growing, distributing and provisioning,...