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...

Celebrate 420 In Jamaica

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20 Hemp Fiber Processors Now Online In U.S.

U.S. hemp fields are expected to reach 50,000 acres by 2028 as production expands at a rate of 34% per year and processing infrastructure continues to expand, according to projections from Denver-based analyst PanXchange. That means the projected value of...

2023 Farm Bill: The Future of Hemp

Hemp is a small part of the Farm Bill. And for decades, it wasn’t part of the Farm Bill at all. Hemp was included within the definition of “marijuana” in the Controlled Substances Act and, like its sister cannabis plant, was a Schedule I controlled substance. Starting...