The Business of Cannabis

THC Drinks Move Into Mainstream Retail — Target Adds Them To 300+ Stores

Target is significantly expanding its intoxicating hemp beverage sales, adding THC drinks to more than 300 stores across Florida, Texas and Illinois as mainstream retailers continue pushing deeper into the fast-growing category, per BevNET. The rollout...

Does The US Farm Bill Ban Products Sold By THC, Hemp Businesses?

Yes. The 2026 U.S. Farm Bill reclassifies the definition of intoxicating hemp and is expected to lead to the closure of businesses selling delta-9 THC and hemp-derived products as soon as November. The new rule bans the sale of products that have more than...

Lansing Cannabis Grow Facility To Shut Down

A large-scale marijuana grow operation in Lansing will cease operations on June 26, putting 94 people out of work. Ascend Wellness Holdings, Inc. told employees of the pending layoffs on April 27. “AWH will temporarily cease operations at its Lansing,...

New Law: Georgia Expands Medical Marijuana Access, Allows Vaping For Patients

A bill expanding medical marijuana access in Georgia is now law after being signed by Gov. Brian Kemp. The governor signed Senate Bill 220, also known as the "Putting Georgia's Patients First Act," on Tuesday, the final day he could veto legislation. The...

Former FDA Regulator Predicts Cannabis Rescheduling This Year

A longtime attorney at the U.S. Food and Drug Administration who helped found the agency’s Marijuana Working Group in 2014, Howard Sklamberg is now involved in federal cannabis policy on behalf of multistate operator Columbia Care. Sklamberg recently spoke...

Proximity Key To Getting Cannabis Buyers To Legal Stores, Study

For marijuana retailers, it’s no secret: Customers like buying weed close to home, if they can. New research into Canada’s regulated cannabis market supports that intuition: Consumer proximity to government-regulated stores increases the odds that people will source...

Hemp On Par With Wood Capturing And Storing Greenhouse Gas

Hemp can store CO2 as efficiently as wood in raw materials for the construction industry, and should meet EU certification criteria for carbon credits, a new report from Germany suggests. The report found that carbon removal through hemp is in a range similar to that...

Study: Celebrity Pot Brands Outperform Traditional Brands

It’s no secret that celebrity-backed marijuana brands – such as actor Seth Rogen’s Houseplant or rapper Wiz Khalifa’s Khalifa Kush – can leverage legions of fans and social media followers to attract consumer attention and buzz. An MJBizDaily comparative analysis of...

FDA, FTC Issue Warnings Over Synthetic THC

Six companies in five states have received warning letters from government agencies for selling illegal products containing delta-8 THC made from industrial hemp. The U.S. Food & Drug Administration (FDA) and the Federal Trade Commission (FTC) targeted the...