The Business of Cannabis

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...

Jackson To Use Marijuana Tax Revenue To Repair City Roads

The City of Jackson will invest $250,000 in marijuana tax revenue to repair potholes and improve road conditions without raising taxes on residents. The initiative, called “Pot for Potholes,” directs state-distributed funds from the Michigan Transportation...

Wisconsin Loses Millions In Marijuana Tax Revenue To Border States

Wisconsin residents contributed more than $36 million in marijuana taxes to Illinois last year and nearly $6 million to Michigan in 2024, according to new numbers released by the state Legislative Fiscal Bureau. The revenue comes from counties bordering...

Massachusetts: Governor Signs New Cannabis Law

Governor Maura Healey signed a new cannabis law on Sunday that will expand business opportunities and increase the amount of cannabis adults can legally possess. The law increases the legal possession limit for adults to two ounces and doubles the number of...

Arizona Cannabis Supply Continues To Outpace Demand

The Arizona Department of Revenue (ADOR) recently released estimated sales data for November 2023. Combined medical and adult use sales reached $108.6 million in November, down 3.2% from $112.2 million in October. November 2023 sales were down 8.5% year-on-year from...

Florida Could Ban Delta-8 And Other Intoxicating Hemp Products

The Florida State Senate earlier this month unanimously passed a bill that would ban hemp-derived delta-8 THC and similar intoxicating hemp products. In addition to delta-8, Senate Bill 1698 (SB 1698) would also specifically prohibit ingestible or inhalable...