The Business of Cannabis

Indiana Embraces Marijuana With More Than $1B Sales, Study Finds

Indiana has some of the most stringent laws on cannabis in the country, but despite that, use among adults has consistently increased over the past decade. That is according to a new report from the Richard M. Fairbanks Foundation, which partnered with the...

Michigan Supreme Court Orders Review Of 24% Cannabis Tax

The Michigan Supreme Court ordered the state Court of Appeals to take another look at the legality of Michigan’s 24% wholesale cannabis tax. “The court of Appeals shall expedite its consideration of this case,” the Supreme Court ordered on Wednesday, April...

What The Trump Administration’s Move To Reclassify Marijuana Means For Investors

CNBC’s Brandon Gomez reports on the Trump administration’s move to reclassify cannabis as a Schedule III drug. The change doesn’t legalize the drug at the federal level but it could significantly expand scientific research in the drug’s medical uses. More...

What Cannabis Rescheduling Really Means: Insights from Mint Cannabis’ Pablo Palomino

The cannabis industry finally got the jolt it’s been waiting for. With the federal government moving cannabis from Schedule I to Schedule III, the conversation has shifted from if reform will happen to what happens next. To unpack the implications, I sat...

iHemp Michigan Election Time

Nominations for the 2026 Board will be accepted at the January 21, 2026, iHemp Board meeting. Voting will take place at the February Board meeting. If you have an interest in supporting the industrial hemp movement in Michigan, now is the time to step up and be on the...

Maine: Cannabis Sales Tax Hike Takes Effect

Sales taxes on the purchase of adult-use cannabis products rose nearly 30 percent on January 1, as new legislation took effect. Under the new tax law, which lawmakers approved last year, consumers must pay a 14 percent sales tax on adult-use marijuana...

Supreme Court Fight Over Cannabis Commerce May Be Starting

What happened: The federal Ninth Circuit Court of Appeals split with two other circuit courts in ruling that the U.S. Constitution’s dormant commerce clause does not cover cannabis while it remains federally illegal. The ruling could lead to a Supreme Court review and...