The Business of Cannabis

Pontiac Gets Its First Cannabis Dispensary Years After Legalization Delays

Pontiac is finally entering Michigan’s recreational cannabis market more than six years after sales began statewide with the opening of Kulture 81, the city’s first licensed dispensary. The provisioning center, located inside a converted building at 81 N....

Michigan’s New 24% Marijuana Tax — When 1st Payment Is Due, What Businesses Need To Know

The Michigan Department of Treasury released new guidance, explaining how the new 24% wholesale marijuana tax works and what cannabis businesses need to do as quarterly payments begin this year. The tax took effect on Jan. 1, 2026, and applies to the first...

Marijuana Not Allowed On Campus, University Of Michigan Warns Ahead Of Hash Bash

The University of Michigan is allowing the annual Ann Arbor Hash Bash to take place once again on the Central Campus Diag on Saturday, April 4. But marijuana isn’t allowed, the University of Michigan Police Department is warning ahead of the event. While...

Popular Hemp Products Set To Be Banned In Texas By End Of The Month Under New State Rules

Popular smokable hemp products are set to be effectively banned by the state of Texas at the end of March under new rules put in place by the Department of State Health Services, causing a ripple effect on the consumers who use them and the businesses that...

Illinois Cannabis Market Performance In 2023

The Illinois Department of Financial and Professional Regulation (IDFPR) issued April 2023 adult use sales figures. April 2023 combined sales to in-state and out-of-states residents, at $132 million, were down 2.1% from March 2023 combined sales of $134.8 million...

Traverse City Cannabis Lab Looks To Test PFAS

Cambium Analytica LLC, a Traverse City-based company that has rapidly built up a large cannabis-testing business, is diversifying into testing for PFAS, the so-called forever chemicals that have become a growing environmental threat in recent years. The company is...

Kentucky Passes Medical Cannabis Law

Last month, Kentucky Governor Beshear signed Senate Bill 47, that will eventually create medical cannabis access for some KY residents. After passing through the legislature with solid support and an enthusiastic Governor, this new law lays out a fairly restrictive...

SAFE Banking Act Finally Appears Headed For Vote In U.S. Senate

Marijuana companies could secure financial services and confusion over banking for hemp operators could be clarified after the reintroduction of the Secure and Fair Enforcement (SAFE) Banking Act in the U.S. Senate. The measure, which is strongly supported by both...