The Business of Cannabis

Federal Hemp Product Crackdown Delayed Into December By US Budget Extension Bill

A federal ban on most hemp-derived THC products would be pushed back until Dec. 11 under a stopgap government spending bill passed Tuesday by the U.S. House of Representatives. The continuing resolution, which also averts a government shutdown, postpones...

Michigan: JARS Cannabis Acquires Sonoran Roots

JARS Cannabis, which was founded in 2020 in East Detroit, has evolved into a large network of dispensaries, with locations in Michigan, Arizona and Colorado. Now, JARS has acquired Sonoran Roots, an award-winning craft cannabis brand that was founded in...

Ohio: How Much Cannabis Prices Have Increased The Summer Of 2026

Ohio's average price for an ounce of cannabis has been going up since May, the first time consumers have seen consistent monthly increases since recreational sales began two years ago. Ohio voters legalized recreational marijuana in November 2023, with sales...

Michigan: CRA Issues First-Ever Hemp License Suspension Over Excessive THC Levels

Four years after taking over supervision of Michigan’s hemp industry, state regulators issued the first-ever license suspension. The state Cannabis Regulatory Agency, which oversees marijuana and hemp, suspended with intent to revoke the hemp...

Career Drug Warrior Named Acting DEA Administrator

The Trump administration has named career special agent Derek S. Maltz as Acting Administrator of the US Drug Enforcement Administration. Maltz replaces former Administrator Anne Milgram, who departed the agency last week.    Maltz worked within...

Sky Labs In Hot Water Again With CRA

The Michigan Cannabis Regulatory Agency (CRA) has filed yet another formal complaint against Sky Labs LLC, an adult-use cannabis processor located in Mt. Morris, for its receipt and handling of more than one million grams (equal to 2,204 pounds) of product identified...

Biggest Challenges For The Cannabis Industry In 2025

The U.S. cannabis industry faces five major hurdles holding back its growth, even as sales are projected to reach a record $50 billion or more in 2025.1 Business of Cannabis. "What's on the Horizon for Cannabis in 2025?"  While a final rule due later in 2025 from...

Working With Four20 Media Group

Is your cannabis industry network strong? and growing? Are you looking for unique business opportunities involving digital media, events and news? Four20 Media Group -- parent company of Four20 Post and Sparx Guide -- is building a referral network of well-connected...

May 6 – Lansing – MiCIA Spring Caucus And Luncheon

Network with cannabis industry leaders over cocktails, learn from industry experts and receive updates directly from our lobbyist and Michigan lawmakers on May 6th, 2024, 11:00 am – 3:00 pm at the Eagle Eye Golf Club in Lansing, MI.  Tickets will be available as...