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...

Muskegon Outdoors Cannabis Lounge Opened 4/20

Just in time for the biggest cannabis holiday of the year, April 20th, IndiGrow opened a legal outdoor marijuana consumption space next to their shop on West Clay in downtown Muskegon. The first-of-its-kind cannabis lounge in Muskegon is aimed to alleviate that...

Skymint CEO Jeff Radway Steps Down

Jeff Radway, the chair and CEO of Michigan marijuana retailer and cultivator Skymint, stepped down only weeks after the financially strapped company was placed under receivership. Skymint confirmed the news in an email to Crain’s Detroit Business. Employees...

The Top-Paying Jobs in Cannabis

Here are the top 5 roles in the budding cannabis industry, according to Weedar: 1. Cannabis sales manager, average annual salary: $113,660 Despite signals of a slowing industry, overall cannabis sales continue to rise. And sales are the engine of any business. That...