The Business of Cannabis

Pennsylvania: Adult-Use Marijuana Legalization Needs A Blue Wave

Perpetually stuck in medical-only, Pennsylvania won’t legalize adult-use cannabis – and unlock one of the top markets still eluding the national marijuana industry – until there’s a political changeover in Harrisburg, top Democratic elected officials said...

Ohio: Hemp Businesses Say Adult-Use Cannabis Law Favors ‘Big Marijuana’ 

Ohio hemp businesses say that the enforcement of the state’s adult-use cannabis rules unfairly targets their industry and favors “Big Marijuana” companies, which are allowed to operate under different rules despite dealing with the same plant, Statehouse...

Michigan: CRA Revokes 20 Marijuana Grower Licenses For Company’s Egregious Conduct

The Cannabis Regulatory Agency revoked 20 Class C grower licenses that had been held by a limited liability company doing business in Michigan. An investigation by the CRA found GP Holdings transferred packages to a licensed processor under manifests that...

DEA Marijuana Rescheduling Hearing Halted Over GAO Report

A DEA judge has paused a hearing regarding the Trump administration's request to move marijuana to a Schedule III drug from a Schedule I drug over a recent Government Accountability Office report that found "gaps" in the federal government's drug scheduling...

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California: Cannabis Continues To Generate Substantive Revenues

Governor Gavin Newsom recently announced legal cannabis sales have generated nearly $8.4 billion in tax revenue for California communities, including nearly $4.5 billion in cannabis excise tax and nearly $3.4 billion in sales tax. Revenue from cannabis sales helped to...