The Business of Cannabis

THC Drinks Move Into Mainstream Retail — Target Adds Them To 300+ Stores

Target is significantly expanding its intoxicating hemp beverage sales, adding THC drinks to more than 300 stores across Florida, Texas and Illinois as mainstream retailers continue pushing deeper into the fast-growing category, per BevNET. The rollout...

Does The US Farm Bill Ban Products Sold By THC, Hemp Businesses?

Yes. The 2026 U.S. Farm Bill reclassifies the definition of intoxicating hemp and is expected to lead to the closure of businesses selling delta-9 THC and hemp-derived products as soon as November. The new rule bans the sale of products that have more than...

Lansing Cannabis Grow Facility To Shut Down

A large-scale marijuana grow operation in Lansing will cease operations on June 26, putting 94 people out of work. Ascend Wellness Holdings, Inc. told employees of the pending layoffs on April 27. “AWH will temporarily cease operations at its Lansing,...

New Law: Georgia Expands Medical Marijuana Access, Allows Vaping For Patients

A bill expanding medical marijuana access in Georgia is now law after being signed by Gov. Brian Kemp. The governor signed Senate Bill 220, also known as the "Putting Georgia's Patients First Act," on Tuesday, the final day he could veto legislation. The...

Cheech and Chong’s Cannabis Company launches in Michigan

After decades of using — and joking about — pot, comedy duo Cheech Marin and Tommy Chong have entered the cannabis business themselves. Cheech and Chong’s Cannabis Company launches in the Michigan market on Thursday. Its products, which include flower, concentrates,...

Schumer Touts Cannabis Research Bill Among “Historic” Wins

As the midterm elections approach, Senate Majority Leader Chuck Schumer (D-NY) would probably prefer to be able to tout progress on enacting marijuana legalization—but instead, he’s currently left with the Senate passage of a modest cannabis research bill as among...

Americans Say Cannabis More Beneficial Than Alcohol 

More than twice as many Americans think that marijuana has a positive impact on its consumers and society at large than say the same about alcohol, according to a new Gallup poll. And perhaps more revealing, people who have actually used cannabis are far more likely...