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

DEA To Request Marijuana Scheduling Review From HHS

The head of the Drug Enforcement Administration (DEA) has committed to requesting a timeline from the U.S. Department of Health and Human Services (HHS) on the Biden administration’s ongoing federal marijuana scheduling review—a process that one congressman jokingly...

Minnesota: Adult Use Law Took Effect Aug. 1

Legislation permitting adults to possess and home-cultivate personal-use quantities of cannabis took effect August 1st, NORML reported. Those age 21 or older may legally possess in public up to two ounces of cannabis flowers and/or eight grams of cannabis...

Take Your High On A Cannabis Vacation In Michigan

We are blessed to have the Great Lakes, Detroit River, and the forests of the Upper Peninsula in our own backyards. Of course, you can appreciate these waterfalls, lakes, and dunes when you’re not high, but smoking a fatty from a hammock surrounded by trees and lakes...