The Business of Cannabis

What to Know About Medicare’s Hemp-Derived Product Program

Under the program announced on April 1, "eligible hemp-derived products can be incorporated into patient care plans under clinician guidance, consistent with model requirements and applicable law," CMS said in a press release. However, the program will...

Experts: Expanded Cannabis Access In Las Vegas May Benefit Gaming Industry

Experts in gaming, cannabis policy, and state government say expanding access to legal, regulated cannabis in Las Vegas could bolster tourism. It could also support the broader gaming industry. This is especially important as visitation softens. Moreover,...

Eastern North Carolina Senator’s Bill Would Put Marijuana Legalization On November Ballot

Voters in North Carolina could decide the future of marijuana after Senate Democrat Kandie Smith of Greenville and two colleagues introduced Senate Bill 1072 on Monday. The legislation is intended to bypass years of legislative gridlock by placing...

Psychedelics Move Into The Spotlight

Psychedelic drugs may be having a moment in Michigan and nationwide. In April, President Donald Trump signed an executive order making them available to treat mental health conditions including depression and anxiety.   And in Michigan, the Democratic Party...

U.S. House Adds Cannabis Banking to NDAA

An amendment to the House defense authorization bill that would connect cannabis companies to the banking system has bipartisan support in both chambers, but its chances in the Senate are uncertain. Late on Tuesday evening, the House agreed by voice vote to adopt an...

Cannabis Billboards Face a Ban in Michigan

Cannabis companies have precious few options when it comes to advertising. With the federal government still listing marijuana as an illegal drug, the industry faces strict regulations on advertising its products and services. The situation has left companies...

Body and Mind Enters Michigan Cannabis Market

Body and Mind Inc, a multi-state operator focused on limited license markets, plans to enter the Michigan market with fully funded dispensary, cultivation and production facilities. BaM, through wholly owned subsidiaries, has leveraged its expertise of navigating...