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...

GREAT LAKES CANNABIS STOCK TICKER

New Cannabis Section In Federal Standards Handbook

A federal handbook published by the National Institute of Standards and Technology is getting a new cannabis-focused section with recommendations on potency measurement, packaging, labeling and other issues. It’s the result of a vote at a recent National Conference of...

JuicyFields Collapses; Cannabis Research Bill

JuicyFields froze thousands investors from its platform and scrubbed its social media presence this month. Investors hoping for a quick return on their money in the cryptocurrency space have been feeling the pain as that market faces some severe turbulence.  Large...

Trump Calls For Death Penalty For Convicted Drug Dealers

Former President Trump on Tuesday voiced support for imposing the death penalty as punishment for convicted drug dealers as part of a speech in which he laid out a series of drastic measures to curb crime. “The penalties should be very, very severe. If you...