The Business of Cannabis

Indiana Embraces Marijuana With More Than $1B Sales, Study Finds

Indiana has some of the most stringent laws on cannabis in the country, but despite that, use among adults has consistently increased over the past decade. That is according to a new report from the Richard M. Fairbanks Foundation, which partnered with the...

Michigan Supreme Court Orders Review Of 24% Cannabis Tax

The Michigan Supreme Court ordered the state Court of Appeals to take another look at the legality of Michigan’s 24% wholesale cannabis tax. “The court of Appeals shall expedite its consideration of this case,” the Supreme Court ordered on Wednesday, April...

What The Trump Administration’s Move To Reclassify Marijuana Means For Investors

CNBC’s Brandon Gomez reports on the Trump administration’s move to reclassify cannabis as a Schedule III drug. The change doesn’t legalize the drug at the federal level but it could significantly expand scientific research in the drug’s medical uses. More...

What Cannabis Rescheduling Really Means: Insights from Mint Cannabis’ Pablo Palomino

The cannabis industry finally got the jolt it’s been waiting for. With the federal government moving cannabis from Schedule I to Schedule III, the conversation has shifted from if reform will happen to what happens next. To unpack the implications, I sat...

Grain Elevator Dispensary Gets Community Pushback

A historic grain elevator in rural Baker, Minnesota, is facing opposition from residents as plans move forward to convert the agricultural landmark into a cannabis dispensary. The grain elevator, currently listed as an Airbnb, has received preliminary approval...

Retailer Target Selling THC-Infused Beverages

The retail giant Target is soft launching sales of THC-infused beverages at select stores in Minnesota, an executive of one cannabis drink company participating in the rollout and other industry leaders told Marijuana Moment. In one of the latest examples of the...

The Cannabis Industry’s $6 Billion Debt Wall

A debt avalanche is bearing down on the U.S. cannabis market to the tune of roughly six billion dollars coming due by the end of 2026, with the top five borrowers—each a multi-state operator (“MSO”)—accounting for about $3.4 billion. The sector’s reliance on costly...