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

Winners Named For Michigan Cannabis Cup

Congratulations to the winners of the High Times Cannabis Cup Michigan: People’s Choice Edition 2022, the Biggest Cannabis Cup in High Times history. The competition was fierce, which is no surprise since Michigan is one of the most quickly growing cannabis markets in...

MMFLA Regulatory Assessments FY 2023

The Cannabis Regulatory Agency has published an advisory bulletin announcing the regulatory assessments for licenses issued or renewed pursuant to the Medical Marihuana Facilities Licensing Act for Fiscal Year 2023 - beginning October 1, 2022 and ending September 30,...

This Side Effect of Cannabis May Surprise You, Says New Study

Could using cannabis make you a better person? That's the suggestion of a new study published in the journal Scientific Reports, which found that people who had recently used cannabis exhibited more "prosocial behavior"—such as displaying empathy, helping others, and...