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...

Illinois Cannabis Market Performance In 2023

The Illinois Department of Financial and Professional Regulation (IDFPR) issued April 2023 adult use sales figures. April 2023 combined sales to in-state and out-of-states residents, at $132 million, were down 2.1% from March 2023 combined sales of $134.8 million...

Traverse City Cannabis Lab Looks To Test PFAS

Cambium Analytica LLC, a Traverse City-based company that has rapidly built up a large cannabis-testing business, is diversifying into testing for PFAS, the so-called forever chemicals that have become a growing environmental threat in recent years. The company is...

Kentucky Passes Medical Cannabis Law

Last month, Kentucky Governor Beshear signed Senate Bill 47, that will eventually create medical cannabis access for some KY residents. After passing through the legislature with solid support and an enthusiastic Governor, this new law lays out a fairly restrictive...