The Business of Cannabis

Pennsylvania: Adult-Use Marijuana Legalization Needs A Blue Wave

Perpetually stuck in medical-only, Pennsylvania won’t legalize adult-use cannabis – and unlock one of the top markets still eluding the national marijuana industry – until there’s a political changeover in Harrisburg, top Democratic elected officials said...

Ohio: Hemp Businesses Say Adult-Use Cannabis Law Favors ‘Big Marijuana’ 

Ohio hemp businesses say that the enforcement of the state’s adult-use cannabis rules unfairly targets their industry and favors “Big Marijuana” companies, which are allowed to operate under different rules despite dealing with the same plant, Statehouse...

Michigan: CRA Revokes 20 Marijuana Grower Licenses For Company’s Egregious Conduct

The Cannabis Regulatory Agency revoked 20 Class C grower licenses that had been held by a limited liability company doing business in Michigan. An investigation by the CRA found GP Holdings transferred packages to a licensed processor under manifests that...

DEA Marijuana Rescheduling Hearing Halted Over GAO Report

A DEA judge has paused a hearing regarding the Trump administration's request to move marijuana to a Schedule III drug from a Schedule I drug over a recent Government Accountability Office report that found "gaps" in the federal government's drug scheduling...

GREAT LAKES CANNABIS STOCK TICKER

Body And Mind Sells Muskegon Dispensary

Body and Mind Inc. received all necessary regulatory approvals to divest its Muskegon dispensary, the company said Friday. The transaction, outlined in an April 14 stock purchase agreement, officially took place on June 13 when DEP Nevada Inc., a wholly owned...

Cannabis Arrests Down As DEA Seizes Six Million Plants In 2022

The US Drug Enforcement Administration and its law enforcement partners arrested fewer people for cannabis-related offenses in 2022 compared to the previous year, according to annual data from the federal agency. The DEA also seized nearly 6 million cannabis plants...