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...

Celebrate 420 In Jamaica

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20 Hemp Fiber Processors Now Online In U.S.

U.S. hemp fields are expected to reach 50,000 acres by 2028 as production expands at a rate of 34% per year and processing infrastructure continues to expand, according to projections from Denver-based analyst PanXchange. That means the projected value of...

2023 Farm Bill: The Future of Hemp

Hemp is a small part of the Farm Bill. And for decades, it wasn’t part of the Farm Bill at all. Hemp was included within the definition of “marijuana” in the Controlled Substances Act and, like its sister cannabis plant, was a Schedule I controlled substance. Starting...