The Business of Cannabis

Minnesota: Study Finds Teen Cannabis Use At Record Low

Cannabis use among Minnesota teenagers has dropped significantly over the past decade, falling from 13% to 5% between 2013 and 2025, according to new research from the University of Minnesota Medical School. The study, published this week in Social Science...

Pennsylvania: Fetterman Urges Congress To End Federal Marijuana Ban

PA Senator John Fetterman and over a dozen of his colleagues in the upper chamber have re-upped their calls to end the federal ban of marijuana. Last week, Fetterman's office sent out a press release announcing his support for the reintroduction of the...

Could Hemp Become A State-By-State Market?

If the federal ban on intoxicating hemp products takes effect this November, could individual states create hemp markets similar to the marijuana programs that have operated for decades? That question was posed to panelists during the “State of Cannabevs”...

Despite Michigan’s New 24% Wholesale Marijuana Tax, Prices Keep Dropping

During budget negotiations last year, Michigan’s elected officials stunned the state’s seven-year-old marijuana industry with a new 24% wholesale tax. Despite the new tax, the average price of flower fell to a record low in June, while THC vape products...

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...

Schumer Touts ‘Good Progress’ On Marijuana Banking Bill

Senate Majority Leader Chuck Schumer (D-NY) says lawmakers are “making good progress” in bipartisan negotiations on a marijuana banking bill, and advancing it will be a priority for what he’s expecting to be a “very, very productive fall in the Senate.” At a press...

DEA To Request Marijuana Scheduling Review From HHS

The head of the Drug Enforcement Administration (DEA) has committed to requesting a timeline from the U.S. Department of Health and Human Services (HHS) on the Biden administration’s ongoing federal marijuana scheduling review—a process that one congressman jokingly...

Minnesota: Adult Use Law Took Effect Aug. 1

Legislation permitting adults to possess and home-cultivate personal-use quantities of cannabis took effect August 1st, NORML reported. Those age 21 or older may legally possess in public up to two ounces of cannabis flowers and/or eight grams of cannabis...