The Business of Cannabis

New York: Survey Finds Cannabis Jobs Pay More Than Other Sectors

An association that opposes legislation seeking to establish a three-member board that would recommend a minimum wage for New York cannabis workers said survey data shows pay in the industry already exceeds that of other job sectors. The study found the...

How Hemp-THC Businesses Are Bracing For A Near Total Ban

Follow us to Tennessee where hemp farmers are already pivoting in the face of a state ban and soon, a looming federal ban on basically all THC-derived hemp products. Will Congress step in to save this $28 billion industry? Listen To The Story

Michigan: CRA Issues Record $2 Million Marijuana Fine, Orders Muha Meds Producer Shut Down

Michigan Investments 10 Inc., a Pinconning-based manufacturer of popular Muha Meds marijuana vaping products, will be shut down by the state Cannabis Regulatory Agency on Sept. 24 and is ordered to pay a record-high $2 million fine. Since 2022, the CRA has...

Cannabis Product Development Enters A More Disciplined Era

The legal cannabis industry does not have a shortage of products. Walk into a dispensary in a mature market and consumers may encounter dozens of gummy flavors, vape formulations, concentrates, beverages and pre-rolls competing for attention. That abundance...

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Museum Dedicated To Cannabis Set To Open In Cape Town

For the first time ever, a museum dedicated to cannabis is coming to South Africa. Aptly named the African Cannabis Museum (TAC), it is set to open its doors later this year. The museum is being developed by the TAC Foundation, a non-profit initiative dedicated...

Missouri Cannabis Companies Sue Good Day Farm

Two Missouri cannabis wholesalers are suing, claiming Good Day Farm illegally controls more than a quarter of the state’s dispensary market. CPC of Missouri - Smithville LLC and GF Saint Mary LLC filed the antitrust lawsuit Monday in Jackson County Circuit Court. The...

Psychedelics Move Into The Spotlight

Psychedelic drugs may be having a moment in Michigan and nationwide. In April, President Donald Trump signed an executive order making them available to treat mental health conditions including depression and anxiety.   And in Michigan, the Democratic Party recently...

Zimbabwe Seeks Commercial Footing For Hemp Industry

The global industrial hemp industry is on a strong growth trajectory, with the market projected to expand from approximately US$6,2 billion (around R103 billion) to more than US$20 billion (R330 billion) by 2033. This presents a clear opportunity for Zimbabwe to...