The Business of Cannabis

Minnesota: Study Finds Teen Cannabis Use At Record Low

Cannabis use among Minnesota teenagers has dropped significantly over the past decade, falling from 13% to 5% between 2013 and 2025, according to new research from the University of Minnesota Medical School. The study, published this week in Social Science...

Pennsylvania: Fetterman Urges Congress To End Federal Marijuana Ban

PA Senator John Fetterman and over a dozen of his colleagues in the upper chamber have re-upped their calls to end the federal ban of marijuana. Last week, Fetterman's office sent out a press release announcing his support for the reintroduction of the...

Could Hemp Become A State-By-State Market?

If the federal ban on intoxicating hemp products takes effect this November, could individual states create hemp markets similar to the marijuana programs that have operated for decades? That question was posed to panelists during the “State of Cannabevs”...

Despite Michigan’s New 24% Wholesale Marijuana Tax, Prices Keep Dropping

During budget negotiations last year, Michigan’s elected officials stunned the state’s seven-year-old marijuana industry with a new 24% wholesale tax. Despite the new tax, the average price of flower fell to a record low in June, while THC vape products...

Why Detroit Is The Next Budding Destination For Cannabis Tourism

Detroit is next in line to join a list of top Cannabis Tourism destinations in the US—which include Los Angeles, Denver, and Las Vegas. But what makes our city a budding destination for cannabis lovers? Thanks to legalization efforts and the city’s entrepreneurial...

Illinois Cannabis Market Performance In 2023

The Illinois Department of Financial and Professional Regulation (IDFPR) issued April 2023 adult use sales figures. April 2023 combined sales to in-state and out-of-states residents, at $132 million, were down 2.1% from March 2023 combined sales of $134.8 million...