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...

Will Trump Keep Campaign Promise To Legalize Cannabis?

As the first weeks of President Donald Trump’s second term wind down, the cannabis industry is holding its breath. Was Trump’s campaign-trail support for legalization just another empty promise, or is there hope for meaningful reform? The answer, as always with Trump,...

Trump Names Anti-Cannabis Hardliner DEA Administrator

President Trump has nominated Terrance C. Cole to serve as the next administrator of the Drug Enforcement Administration, replacing acting director Derek Maltz. Cole, a longtime DEA veteran who currently serves as Virginia’s secretary of Public Safety and Homeland...