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...

Marijuana Buying Guide For Michigan Tourists

Michigan residents were thrilled when recreational marijuana was legalized in the state, and naturally, it also drew the attention and excitement of some of our neighbors who are interested in experiencing marijuana but can’t get it at home. This interest grew into a...

Cannabis Tourism In Michigan Becoming Big Business

As people start to make their summer travel plans, there are a growing number of options for travelers to Michigan to consume marijuana on vacation, from cannabis music festivals to consumption lounges and cannabis-friendly lodging. While the number and variety of...

SAFE Banking Act Finally Appears Headed For Vote In U.S. Senate

Marijuana companies could secure financial services and confusion over banking for hemp operators could be clarified after the reintroduction of the Secure and Fair Enforcement (SAFE) Banking Act in the U.S. Senate. The measure, which is strongly supported by both...

13 States That Could Legalize Cannabis In 2023

After a middling showing from cannabis in the November 2022 election (with state legalization measures going 2-for-5), it’s hard to say how political momentum may shape reform efforts in 2023. We’re as hopeful as ever, on one hand, but at the same time it’s not like...