The Business of Cannabis

Federal Hemp Product Crackdown Delayed Into December By US Budget Extension Bill

A federal ban on most hemp-derived THC products would be pushed back until Dec. 11 under a stopgap government spending bill passed Tuesday by the U.S. House of Representatives. The continuing resolution, which also averts a government shutdown, postpones...

Michigan: JARS Cannabis Acquires Sonoran Roots

JARS Cannabis, which was founded in 2020 in East Detroit, has evolved into a large network of dispensaries, with locations in Michigan, Arizona and Colorado. Now, JARS has acquired Sonoran Roots, an award-winning craft cannabis brand that was founded in...

Ohio: How Much Cannabis Prices Have Increased The Summer Of 2026

Ohio's average price for an ounce of cannabis has been going up since May, the first time consumers have seen consistent monthly increases since recreational sales began two years ago. Ohio voters legalized recreational marijuana in November 2023, with sales...

Michigan: CRA Issues First-Ever Hemp License Suspension Over Excessive THC Levels

Four years after taking over supervision of Michigan’s hemp industry, state regulators issued the first-ever license suspension. The state Cannabis Regulatory Agency, which oversees marijuana and hemp, suspended with intent to revoke the hemp...

Menominee Allows Unlimited Marijuana Licenses

Menominee City Council voted 5-3 last Thursday to pass a law allowing unlimited marijuana licenses. Council Members Joe Dulak, Josh Jones, Jackie Nutter, Bill Plemel and Doug Robinson voted for the ordinance. Michael DeDamos, Donna Marineau and Mayor Jean Stegeman...

Magic Mushroom Use By Young Adults Nearly Doubled In Three Years

Consumption of “magic” mushrooms and other hallucinogens by young adults nearly doubled over the past three years, a new study has found, illustrating the accelerating pace of America’s “psychedelic revolution” and growing societal acceptance of mind-altering...

Detroit Cannabis Project Job and Resource Fair June 29

The Detroit Cannabis Project in partnership with the City of Detroit Homegrown office will host a Cannabis job fair and community resource fair. WHO WILL BE THERE: Cannabis companies City of Detroit Representatives Communtiy organizations Expungement Resources...