The Business of Cannabis

New York: Cannabis Is Booming — Why Does It Feel Like a Race to the Bottom?

Behind the polished presentations and sophisticated branding is a less glamorous conversation about wholesale pricing, retail margins, promotional allowances, payment terms, and who can afford to keep competing. I've experienced that disconnect firsthand...

Minnesota: Hemp THC Deadline Hits $200 Million Industry, Leads To Layoffs

Minnesota hemp sellers say the approach of Dec. 11 is already hitting their bottom line and changing what stores keep on the shelf. After Dec. 11, some Minnesota liquor stores say they still expect to sell hemp drinks. The federal law would complicate...

Cannabis Was Canada’s 5th Most Important Cash Crop In 2025 

Cannabis was Canada’s fifth most important cash crop in 2025, according to Stats Canada figures. In Canada, cannabis crops were worth $3 billion last year, or 5.8% of total crop receipts.   Cannabis crops in 2025 were worth nearly $1...

Cannabis Rescheduling Process Remains Sidelined, DEA Judge Orders New Replies

The words “expedited hearing” are losing their grip on the cannabis rescheduling process, as the judge assigned to the task entertains reopening the proceedings “for limited discovery and testimony” at the demand of prohibitionist parties. Derek C. Julius,...

GREAT LAKES CANNABIS STOCK TICKER

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...