The Business of Cannabis

New York: Cannabis Is Booming — Why Does It Feel Like a Race to the Bottom?

Behind the polished presentations and sophisticated branding is a less glamorous conversation about wholesale pricing, retail margins, promotional allowances, payment terms, and who can afford to keep competing. I've experienced that disconnect firsthand...

Minnesota: Hemp THC Deadline Hits $200 Million Industry, Leads To Layoffs

Minnesota hemp sellers say the approach of Dec. 11 is already hitting their bottom line and changing what stores keep on the shelf. After Dec. 11, some Minnesota liquor stores say they still expect to sell hemp drinks. The federal law would complicate...

Cannabis Was Canada’s 5th Most Important Cash Crop In 2025 

Cannabis was Canada’s fifth most important cash crop in 2025, according to Stats Canada figures. In Canada, cannabis crops were worth $3 billion last year, or 5.8% of total crop receipts.   Cannabis crops in 2025 were worth nearly $1...

Cannabis Rescheduling Process Remains Sidelined, DEA Judge Orders New Replies

The words “expedited hearing” are losing their grip on the cannabis rescheduling process, as the judge assigned to the task entertains reopening the proceedings “for limited discovery and testimony” at the demand of prohibitionist parties. Derek C. Julius,...

GREAT LAKES CANNABIS STOCK TICKER

HHS Recommends DEA Reschedule Cannabis

Officials with the Department of Health and Human Services recommended the Drug Enforcement Administration (DEA) to move marijuana to a lower-risk category under the Controlled Substances Act. Why it matters: Easing federal restrictions on marijuana...

Aug. 31 – Secret Cannabis Party In Detroit

You can say goodbye to the summer with a cannabis party featuring DJs and a scenic view of downtown Detroit on Thursday. The event is organized by Cannababe, a new experiential marketing company that regularly holds marijuana-related events intended to connect...