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...

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...