The Business of Cannabis

Indiana Embraces Marijuana With More Than $1B Sales, Study Finds

Indiana has some of the most stringent laws on cannabis in the country, but despite that, use among adults has consistently increased over the past decade. That is according to a new report from the Richard M. Fairbanks Foundation, which partnered with the...

Michigan Supreme Court Orders Review Of 24% Cannabis Tax

The Michigan Supreme Court ordered the state Court of Appeals to take another look at the legality of Michigan’s 24% wholesale cannabis tax. “The court of Appeals shall expedite its consideration of this case,” the Supreme Court ordered on Wednesday, April...

What The Trump Administration’s Move To Reclassify Marijuana Means For Investors

CNBC’s Brandon Gomez reports on the Trump administration’s move to reclassify cannabis as a Schedule III drug. The change doesn’t legalize the drug at the federal level but it could significantly expand scientific research in the drug’s medical uses. More...

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...

Body And Mind Sells Muskegon Dispensary

Body and Mind Inc. received all necessary regulatory approvals to divest its Muskegon dispensary, the company said Friday. The transaction, outlined in an April 14 stock purchase agreement, officially took place on June 13 when DEP Nevada Inc., a wholly owned...

Cannabis Arrests Down As DEA Seizes Six Million Plants In 2022

The US Drug Enforcement Administration and its law enforcement partners arrested fewer people for cannabis-related offenses in 2022 compared to the previous year, according to annual data from the federal agency. The DEA also seized nearly 6 million cannabis plants...

LIV Cannabis Opens Detroit Dispo

LIV Cannabis Co. celebrated the grand opening June 17 of its Detroit location at 12604 E. Jefferson Ave., is one of the first adult-use cannabis dispensaries in the City of Detroit, the company said in a press release. The location will be operated in partnership with...