The Business of Cannabis

What to Know About Medicare’s Hemp-Derived Product Program

Under the program announced on April 1, "eligible hemp-derived products can be incorporated into patient care plans under clinician guidance, consistent with model requirements and applicable law," CMS said in a press release. However, the program will...

Experts: Expanded Cannabis Access In Las Vegas May Benefit Gaming Industry

Experts in gaming, cannabis policy, and state government say expanding access to legal, regulated cannabis in Las Vegas could bolster tourism. It could also support the broader gaming industry. This is especially important as visitation softens. Moreover,...

Eastern North Carolina Senator’s Bill Would Put Marijuana Legalization On November Ballot

Voters in North Carolina could decide the future of marijuana after Senate Democrat Kandie Smith of Greenville and two colleagues introduced Senate Bill 1072 on Monday. The legislation is intended to bypass years of legislative gridlock by placing...

Psychedelics Move Into The Spotlight

Psychedelic drugs may be having a moment in Michigan and nationwide. In April, President Donald Trump signed an executive order making them available to treat mental health conditions including depression and anxiety.   And in Michigan, the Democratic Party...

Dec. 27 – Detroit Cannabis Industry Networking Event

The Detroit Cannabis Industry Networking Event is more than just a meeting place. It's a platform where participants, ranging from cannabis enthusiasts and cultivators to dispensary owners and professionals from the Hemp, CBD, and Medical Marijuana sectors, come...

Five Years Of Legal Weed In Michigan

Five years ago, on Dec. 6, 2018, after a decisive victory at the polls the month before, the Michigan Regulation and Taxation of Marijuana Act took effect, legalizing recreational cannabis in the state. It was the culmination of years of effort by activists...

Cannabis Beats Booze, Says Report

A new report from TD Cowen analyst Vivien Azer said legal cannabis is driving consumers away from alcohol. The long time cannabis equity analyst wrote: “Alcohol sales in legal cannabis states have underperformed by 100-150 bps over the past five years. With $29...