The Business of Cannabis

First U.S. Marijuana Stock Now Trading On NYSE

Last week, Trulieve Cannabis became the first U.S. cannabis operator to list on the New York Stock Exchange. The stock is now trading under the symbol "TRLV." Although a publicly traded company moving up to the NYSE is not uncommon, it is in the cannabis...

New CANNRA President: Hanna, U.S. Army Vet From Michigan

For the first time ever, a United States military veteran — from Michigan —  has been elected president of the Cannabis Regulators Association (CANNRA), an international non-profit organization founded in 2020. Michigan Cannabis Regulatory Agency...

Maryland Collects $26.2 Million In Cannabis Tax Revenue In First Quarter

The Maryland Office of the Comptroller has reported that the state collected $26.2 million in cannabis sales tax revenue between January and March 2026. Maryland law imposes a 12% sales and use tax on retail sales of adult-use cannabis and cannabis products....

After Losing Its License, Minnesota’s First Cannabis Testing Lab Exits Pot Industry

One of Minnesota's longstanding cannabis testing labs has ended its cannabis and hemp testing program following regulatory troubles. Legend Technical Services announced this week it has shut down its cannabis testing program. This comes weeks after the...

Is Hemp Really a Green Miracle Plant?

Production of hemp was banned in the United States in 1937 under the Marihuana Tax Act. A strain of Cannabis sativa, its low concentrations of tetrahydrocannabinol (THC) mean it won’t get you high. The internet is abuzz, though, with claims that it’s a green...

Growers Under Increasing Threat from Cannabis Taxes

For most operators in California’s cannabis industry, the licensed and regulated market probably feels like a slow-burning dumpster fire with no end in sight. But for politicians and state regulators who designed the legalized industry under Proposition 64, the...