The Business of Cannabis

Federal Rules Prevent Study Of High-Potency Michigan Cannabis

A Michigan State University researcher is calling for federal policy changes to allow more realistic cannabis research as Michigan's marijuana market continues to grow. Michigan voters approved an initiative to legal recreational marijuana use for adults age...

Cannabis Has Dozens Of Public Companies; Wall Street Acts Like It Has Seven

Cannabis stocks have rebounded sharply over the last twelve months. The AdvisorShares Pure US Cannabis ETF, MSOS, has climbed roughly 104% year-over-year, while the S&P 500 is up about 28% over the same period. On the surface, the sector appears to be...

Federal Lawsuit: Cannabis Companies Hid Health Issues From Consumers

Cannabis companies have been accused of not properly warning users of health issues related to their products, a new federal class-action lawsuit states. The complaint, filed by Weitz & Luxenberg, targets companies in 13 states and is brought by...

Minnesota Governor Walz Signs Landmark Cannabis Omnibus Bill, Reshaping State’s Cannabis Industry

On May 26, 2026, the Minnesota Governor Tim Walz signed into law the 2026 Omnibus Cannabis Bill. Sponsored by Representative Jessica Hanson (DFL-Burnsville), the law represents a sweeping set of reforms to the state’s regulated cannabis industry, touching...

California Targets Businesses For Unpaid Taxes

California’s tax collectors are setting their sights on the state’s cannabis industry – in particular, unlicensed businesses as well as legal operators who haven’t paid their taxes. Those two groups collectively owe the state nearly $200 million in unpaid taxes. In...

The Average Cost Of Cannabis By State

Marijuana is a relatively commonly used substance in the United States. According to federal government estimates, 22.2 million Americans have used it in the past month and many start using it in their adolescent years. Furthermore, many states have...