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...

Ohio Adult-Use Sales Through Nov. 30 Top $191 Million

Since the sale of adult-use cannabis began back on August 6, Ohioans have spent roughly $10 million per week on the product. According to the Department of Commerce Division of Cannabis Control, as of Nov. 30, adult-use sales have topped $191 million. The team at...

Detroit – Dec. 12 – MiCIA Holiday Gala

An elegant evening of celebration at the MiCIA Holiday Gala  Join MiCIA December 12 from 6:00 pm – 11:00 pm. MOTORCITY CASINO & HOTEL 2901 Grand River Ave, Detroit, MI 48201 MiCIA said the Holiday Gala is limited to 50 tables. So anyone...

Sacramento’s Cannabis Lounge Pilot Program Passes

The Sacramento City Council has given the green light for a cannabis lounge pilot program. City leaders passed an ordinance in a controversial 5 to 4 decision — with Mayor Darrell Steinberg casting the deciding vote — that will allow the social consumption of...