The Business of Cannabis

Federal Hemp Product Crackdown Delayed Into December By US Budget Extension Bill

A federal ban on most hemp-derived THC products would be pushed back until Dec. 11 under a stopgap government spending bill passed Tuesday by the U.S. House of Representatives. The continuing resolution, which also averts a government shutdown, postpones...

Michigan: JARS Cannabis Acquires Sonoran Roots

JARS Cannabis, which was founded in 2020 in East Detroit, has evolved into a large network of dispensaries, with locations in Michigan, Arizona and Colorado. Now, JARS has acquired Sonoran Roots, an award-winning craft cannabis brand that was founded in...

Ohio: How Much Cannabis Prices Have Increased The Summer Of 2026

Ohio's average price for an ounce of cannabis has been going up since May, the first time consumers have seen consistent monthly increases since recreational sales began two years ago. Ohio voters legalized recreational marijuana in November 2023, with sales...

Michigan: CRA Issues First-Ever Hemp License Suspension Over Excessive THC Levels

Four years after taking over supervision of Michigan’s hemp industry, state regulators issued the first-ever license suspension. The state Cannabis Regulatory Agency, which oversees marijuana and hemp, suspended with intent to revoke the hemp...

Tokyo Smoke To Host Largest 4/20 Cannabis Celebration In Canada

Ontario’s largest cannabis retailer, Tokyo Smoke, is hosting its second annual cannabis celebration on Thursday, April 20 at RendezViews (229 Richmond St W) in Toronto from 3:20 PM to 10:30 PM ET. The 19+ celebration is the largest legal 4/20 party in Canada and was...

Kentucky Becomes 38th State To Legalize Medical Marijuana

With a quick swipe of his pen Friday morning, Kentucky Gov. Andy Beshear brought his state into the modern cannabis industry by signing Senate Bill 47 into law, which will allow private industry to sell cannabis beginning in 2025. Beshear, a longtime proponent of MMJ,...

Check Out Monroe Street Fair April 1 Ann Arbor

The Monroe Street Fair returns to the Ann Arbor Hash Bash to continue its two decade run. Co-founder Charlie Strackbein talks about what attendees can see at the Fair that includes dozens of cannabis vendor booths, non profits, and more. Food trucks and portable...