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...

New York State: Push To Prepare New Cannabis Workforce

Creating a brand-new industry from the ground up is no small task. Yet that is what New York State is doing with the cannabis industry. It hasn't always been a smooth ride. Late last year, litigation temporarily derailed Conditional Adult-Use Retail Dispensary...

Big Cannabis Bust In Northern Michigan

State Police busted a major marijuana grow operation in northern MIchigan on the state's east side. Michigan State Police said it executed a search warrant in Ogemaw County, more than an hour north of Saginaw. Working in cooperation with the county prosecutor's...

Michigan’s Plummeting Cannabis Prices

It’s no secret that price compression has become a significant challenge for cannabis operators over the last several months. One market that has taken a hit with plummeting prices is Michigan. In December 2022, the average retail price for an ounce of adult-use...

5 Easy Ways to Introduce CBD To Your Daily Routine

The health and wellness world is full of different trends that pop up every week, if not every single day. Many people are curious to try various novelties, with a particular focus on natural substances. CBD, which can be called one of such trends, has stood the test...