The Business of Cannabis

Minnesota: Study Finds Teen Cannabis Use At Record Low

Cannabis use among Minnesota teenagers has dropped significantly over the past decade, falling from 13% to 5% between 2013 and 2025, according to new research from the University of Minnesota Medical School. The study, published this week in Social Science...

Pennsylvania: Fetterman Urges Congress To End Federal Marijuana Ban

PA Senator John Fetterman and over a dozen of his colleagues in the upper chamber have re-upped their calls to end the federal ban of marijuana. Last week, Fetterman's office sent out a press release announcing his support for the reintroduction of the...

Could Hemp Become A State-By-State Market?

If the federal ban on intoxicating hemp products takes effect this November, could individual states create hemp markets similar to the marijuana programs that have operated for decades? That question was posed to panelists during the “State of Cannabevs”...

Despite Michigan’s New 24% Wholesale Marijuana Tax, Prices Keep Dropping

During budget negotiations last year, Michigan’s elected officials stunned the state’s seven-year-old marijuana industry with a new 24% wholesale tax. Despite the new tax, the average price of flower fell to a record low in June, while THC vape products...

Hemp Initiative In Ecuador First To Focus On Fiber And Food

The Ecuadorian government has greenlighted the country’s first hemp crop under a cooperative initiative among two companies and the Latin-American Industrial Hemp Association (LAIHA). LAIHA member Green and Growth, Quito, and Nobis Holding de Inversiones, one of the...

Psilocybin Therapy Now Legal in Oregon

Oregon’s psilocybin mushroom therapy reforms took effect on January 1, two years after voters approved a measure to allow therapy using the psychedelic fungi. The delay was due to lawmakers who were tasked with creating the regulatory framework for the...

Michigan’s Growing Cannabis Tourism Industry

In any given year, tourism in Michigan ranks as the second or third largest industry, vying with agriculture for the No. 2 spot. Automotive remains king. Since December 2019 when adult-use cannabis became legal in Michigan, it has become a rapidly growing tourism sub...