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...

Virginia: Governor Vetoes Medical Cannabis Bill

Republican Governor Glenn Youngkin vetoed legislation seeking to improve the state’s medical cannabis program. HB 1989 sought to significantly improve product labeling and codify permissible delivery locations. Regulations promulgated by the...

DEA Alleges Chinese And Cartel Gangs Control U.S. Cannabis Trade

International crime syndicates have “taken control of” the legal cannabis industry, according to a Drug Enforcement Administration report released in May. By exploiting weak regulatory structures, criminal gangs are saturating markets in both the United States and...

California Regulators To Ban Some Animal Cannabis Products

California regulators are planning to ban animal cannabis products from having more than 1 milligram of THC, a proposal that veterinarians say would make the state’s market more dangerous for dogs and cats. Dr. Gary Richter, an Oakland veterinarian, called...