The Business of Cannabis

The Inside Story Of The World’s First Cannabis-Based Painkiller

A new botanical drug derived from marijuana has been approved in Germany to treat chronic pain, ushering in a new future for the medical applications of cannabis. In late May, Germany's Federal Institute for Drugs and Medical Devices, which is similar to the...

Michigan Cannabis Group Fights Restrictive Marijuana Laws

Members of the Michigan Cannabis Community Coalition will gather at the state capital today for their legislative advocacy day to make their voices heard. Members of the coalition say that they plan to push their positions on some pending legislation, which...

NY Gives Local World Cup Fans Tips On How To Land Safe, Legal Cannabis

Here’s how to find your pot o’ goal during the World Cup. State cannabis regulators are launching an education campaign to instruct the thousands of local tourists and fans readying for the World Cup on how to access and safely use local legal weed. “We...

Michigan Marijuana Wholesale Tax Generates $70M Less Than Expected

Michigan’s 24% wholesale tax on marijuana generated tens of millions less than expected in its first four months, according to a new report from the Michigan Treasury Department. The tax took effect Jan. 1 and was projected to generate $420 million a year to...

The Cannabis Job Miracle?

In the boardrooms and legislative offices of Lansing, the green rush is often framed as a historic victory for Michigan’s labor market. By the end of 2025, economic reports touted cannabis as the state’s leading driver of new private-sector job creation. On paper, the...

Where Is Cannabis Legal In Europe?

In April 2024, Germany legalized recreational marijuana, becoming the largest country in Europe to turn green. And the rest of the European Union is right behind them. There are currently 28 EU countries with some form of legalization, either for medical marijuana or...