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...

Las Vegas To Get Its First Cannabis-Friendly Hotel

Possibly the biggest question related to the announcement that the first cannabis-friendly hotel is coming to Las Vegas is, “What took so long?” The aptly named Elevations Hotels and Resorts, based out of Arizona, announced last week it will convert the Artisan Hotel...

The Key Differences Between CBD And THC You Need To Know

CBD is derived from hemp or marijuana plants, both species of Cannabis Sativa. Hemp-derived CBD must have a THC concentration of 0.3 percent or less to be legally sold. CBD is available in many forms, including gels, gummies, oils, supplements,...

South Dakota No. 2 Grower In 2022, State Hemp Association Says

South Dakota has leaped into second place as a grower of industrial hemp, increasing plantings while most states across the U.S. trimmed their fields last year, according to analysis by the South Dakota Industrial Hemp Association (SDIHA). South Dakota increased...