The Business of Cannabis

What Changes In Michigan Marijuana Taxes Could Mean For Ann Arbor

Declining marijuana tax revenue may mean less money for social services in Ann Arbor. Marti Praschan, the city’s chief financial officer, raised the issue at a City Council budget work session Monday night, March 23, discussing changes with Michigan...

Cannabis Biz Could List On Stock Exchanges Under New Congressional Bill

Reps. Guy Reschenthaler (R-PA) and Troy Carter (D-LA) filed a bipartisan bill that would let state-legal marijuana businesses list on stock exchanges like Nasdaq and NYSE—and more broadly shield companies from being punished for providing financial,...

Swiss Cannabis Experiment Yields Positive Results After 3 Years

The cannabis experiment in one of the Swiss cantons is showing positive results three years after its launch, highlighting the need to reconsider the national cannabis policy. The Swiss canton of Basel-Stadt published today the results of its...

Cannabis Compounds Could Help Treat A Common Liver Condition That Affects Nearly A Quarter Of US Adults

NAFLD, also known as metabolic dysfunction-associated steatotic liver disease (MASLD), is a common condition that the US National Institute of Diabetes and Digestive and Kidney Diseases estimates affects about 24 percent of US adults. It is strongly linked...

Hemp Initiative In Ecuador First To Focus On Fiber And Food

The Ecuadorian government has greenlighted the country’s first hemp crop under a cooperative initiative among two companies and the Latin-American Industrial Hemp Association (LAIHA). LAIHA member Green and Growth, Quito, and Nobis Holding de Inversiones, one of the...

Psilocybin Therapy Now Legal in Oregon

Oregon’s psilocybin mushroom therapy reforms took effect on January 1, two years after voters approved a measure to allow therapy using the psychedelic fungi. The delay was due to lawmakers who were tasked with creating the regulatory framework for the...

Michigan’s Growing Cannabis Tourism Industry

In any given year, tourism in Michigan ranks as the second or third largest industry, vying with agriculture for the No. 2 spot. Automotive remains king. Since December 2019 when adult-use cannabis became legal in Michigan, it has become a rapidly growing tourism sub...

Google Announces Pilot Program for CBD Advertising

Google will for the first time allow ads for some CBD products on its advertising platform, the company announced. Google said in late December that it would update its ad policies on Jan. 20 to permit the limited promotion of pharmaceuticals containing CBD that have...

How The Marijuana ‘Green Rush’ Fell Apart

The legal cannabis trade, still in its infancy, is flailing in many parts of the country as the pandemic boom that sent sales soaring has tapered off. Supply is now flooding the market in several states, economists say, depressing prices and decimating already-thin...