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...

LIV Cannabis Opens Detroit Dispo

LIV Cannabis Co. celebrated the grand opening June 17 of its Detroit location at 12604 E. Jefferson Ave., is one of the first adult-use cannabis dispensaries in the City of Detroit, the company said in a press release. The location will be operated in partnership with...

CRA Reports Disciplinary Action In May

Administrative formal complaints and disciplinary actions taken against adult-use/medical licensees in May are now available for review in the Cannabis Regulatory Agency’s May 2023 Disciplinary Action Report. This month’s disciplinary actions: Saginaw/Benzonia - Great...

NBA Nixes Cannabis Testing For Players

The National Basketball Association (NBA) will no longer drug test players for cannabis as part of the league’s new Collective Bargaining Agreement (CBA). Under the new CBA, tentatively agreed to by the league and the NBA Players Association (NBPA), players will no...