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...

Best Practices For Cultivators

The Cannabis Regulatory Agency (CRA) is dedicated to providing licensees the information needed to foster a transparent and consistent approach to compliance efforts throughout the harvest season. The Operations Support Section hosted a CRA Education Session regarding...

Timing Wrong For Bill Seeking To Raise THC Limit For Hemp

U.S. Sen. Rand Paul has again introduced legislation that would triple the THC limit for industrial hemp, an act of poor timing if we ever saw one. Rand has refloated the Hemp Economic Mobilization Plan (“HEMP” Act), which suggests an increase from 0.3% to 1.0%...

Weed Companies Make More Money Selling Beer Than Pot

Tilray Brands Inc.’s big bet on legal cannabis is proving so overoptimistic it is now relying on the alcohol market it once aimed to disrupt. A long-awaited easing in US cannabis laws, known as rescheduling, is still at least months away, leaving in place suffocating...