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...

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...

CRA Reports Disciplinary Action In May

Administrative formal complaints and disciplinary actions taken against adult-use/medical licensees in May are now available for review in the Cannabis Regulatory Agency’s May 2023 Disciplinary Action Report. This month’s disciplinary actions: Saginaw/Benzonia - Great...

NBA Nixes Cannabis Testing For Players

The National Basketball Association (NBA) will no longer drug test players for cannabis as part of the league’s new Collective Bargaining Agreement (CBA). Under the new CBA, tentatively agreed to by the league and the NBA Players Association (NBPA), players will no...