The Business of Cannabis

New York: Survey Finds Cannabis Jobs Pay More Than Other Sectors

An association that opposes legislation seeking to establish a three-member board that would recommend a minimum wage for New York cannabis workers said survey data shows pay in the industry already exceeds that of other job sectors. The study found the...

How Hemp-THC Businesses Are Bracing For A Near Total Ban

Follow us to Tennessee where hemp farmers are already pivoting in the face of a state ban and soon, a looming federal ban on basically all THC-derived hemp products. Will Congress step in to save this $28 billion industry? Listen To The Story

Michigan: CRA Issues Record $2 Million Marijuana Fine, Orders Muha Meds Producer Shut Down

Michigan Investments 10 Inc., a Pinconning-based manufacturer of popular Muha Meds marijuana vaping products, will be shut down by the state Cannabis Regulatory Agency on Sept. 24 and is ordered to pay a record-high $2 million fine. Since 2022, the CRA has...

Cannabis Product Development Enters A More Disciplined Era

The legal cannabis industry does not have a shortage of products. Walk into a dispensary in a mature market and consumers may encounter dozens of gummy flavors, vape formulations, concentrates, beverages and pre-rolls competing for attention. That abundance...

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Former FDA Regulator Predicts Cannabis Rescheduling This Year

A longtime attorney at the U.S. Food and Drug Administration who helped found the agency’s Marijuana Working Group in 2014, Howard Sklamberg is now involved in federal cannabis policy on behalf of multistate operator Columbia Care. Sklamberg recently spoke...

Proximity Key To Getting Cannabis Buyers To Legal Stores, Study

For marijuana retailers, it’s no secret: Customers like buying weed close to home, if they can. New research into Canada’s regulated cannabis market supports that intuition: Consumer proximity to government-regulated stores increases the odds that people will source...

Hemp On Par With Wood Capturing And Storing Greenhouse Gas

Hemp can store CO2 as efficiently as wood in raw materials for the construction industry, and should meet EU certification criteria for carbon credits, a new report from Germany suggests. The report found that carbon removal through hemp is in a range similar to that...

Study: Celebrity Pot Brands Outperform Traditional Brands

It’s no secret that celebrity-backed marijuana brands – such as actor Seth Rogen’s Houseplant or rapper Wiz Khalifa’s Khalifa Kush – can leverage legions of fans and social media followers to attract consumer attention and buzz. An MJBizDaily comparative analysis of...

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...