The Business of Cannabis

New York: Cannabis Is Booming — Why Does It Feel Like a Race to the Bottom?

Behind the polished presentations and sophisticated branding is a less glamorous conversation about wholesale pricing, retail margins, promotional allowances, payment terms, and who can afford to keep competing. I've experienced that disconnect firsthand...

Minnesota: Hemp THC Deadline Hits $200 Million Industry, Leads To Layoffs

Minnesota hemp sellers say the approach of Dec. 11 is already hitting their bottom line and changing what stores keep on the shelf. After Dec. 11, some Minnesota liquor stores say they still expect to sell hemp drinks. The federal law would complicate...

Cannabis Was Canada’s 5th Most Important Cash Crop In 2025 

Cannabis was Canada’s fifth most important cash crop in 2025, according to Stats Canada figures. In Canada, cannabis crops were worth $3 billion last year, or 5.8% of total crop receipts.   Cannabis crops in 2025 were worth nearly $1...

Cannabis Rescheduling Process Remains Sidelined, DEA Judge Orders New Replies

The words “expedited hearing” are losing their grip on the cannabis rescheduling process, as the judge assigned to the task entertains reopening the proceedings “for limited discovery and testimony” at the demand of prohibitionist parties. Derek C. Julius,...

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INTERACTIVE INDUSTRY MAP OF NORTH AMERICA

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...

Google Announces Pilot Program for CBD Advertising

Google will for the first time allow ads for some CBD products on its advertising platform, the company announced. Google said in late December that it would update its ad policies on Jan. 20 to permit the limited promotion of pharmaceuticals containing CBD that have...