The Business of Cannabis

THC Drinks Move Into Mainstream Retail — Target Adds Them To 300+ Stores

Target is significantly expanding its intoxicating hemp beverage sales, adding THC drinks to more than 300 stores across Florida, Texas and Illinois as mainstream retailers continue pushing deeper into the fast-growing category, per BevNET. The rollout...

Does The US Farm Bill Ban Products Sold By THC, Hemp Businesses?

Yes. The 2026 U.S. Farm Bill reclassifies the definition of intoxicating hemp and is expected to lead to the closure of businesses selling delta-9 THC and hemp-derived products as soon as November. The new rule bans the sale of products that have more than...

Lansing Cannabis Grow Facility To Shut Down

A large-scale marijuana grow operation in Lansing will cease operations on June 26, putting 94 people out of work. Ascend Wellness Holdings, Inc. told employees of the pending layoffs on April 27. “AWH will temporarily cease operations at its Lansing,...

New Law: Georgia Expands Medical Marijuana Access, Allows Vaping For Patients

A bill expanding medical marijuana access in Georgia is now law after being signed by Gov. Brian Kemp. The governor signed Senate Bill 220, also known as the "Putting Georgia's Patients First Act," on Tuesday, the final day he could veto legislation. The...

Stone Road Farms Launches Products in Michigan

California-based Stone Road Farms has landed in Michigan. The launch in Michigan follows similar moves in Massachusetts and Oklahoma, and this time around Stone Road Farms teamed up with Cheboygan-based Gamut Cannabis for the entrance into the Great Lakes region. It’s...

More Americans Are Seeing Green

According to a Pew Research Survey conducted in October last year, nearly nine in ten adults (88%) say cannabis should be legal. Six in ten (59%) supported both medical and adult-use, while an additional three in ten (30%) supported medical use only. Just...