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...

Are Cannabis Consumers More Loyal To Brands, Or Products?

In most consumer packaged goods industries, brands drive decisions. Shoppers walk into a store looking for Coca-Cola, Nike, or Tide, and if those brands aren’t available, many will leave without buying. Cannabis retail tells a different story. Here, product loyalty...

House Republicans Vote To Block Trump Pot Rescheduling

A key committee in the Republican-controlled House of Representatives voted last week to block marijuana rescheduling. The House Appropriations Committee inserted language into a spending bill that prevents money from being spent “to reschedule marijuana,” but it’s...

Tech-Driven Loyalty Programs Key To Cannabis Retail Sales

Borrowing from the playbook of industries like airlines and hospitality, an increasing number of cannabis retailers are upping their loyalty program game as a means of engaging customers to keep them returning to their stores. Loyalty programs are no longer just...

Cheech & Chong Bring Cannabis Brand To Ohio

The iconic comedy duo and cannabis pioneers Cheech & Chong are expanding their cannabis brand into Ohio through an exclusive partnership with Riviera Creek, a leading cultivator in the state. "This partnership is about merging legacy with innovation," said Brian...