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...

GREAT LAKES CANNABIS STOCK TICKER

Cannabis Study Finds THC Can Create False Memories

THC doesn’t just blur memories—it can create new ones that never happened. In a controlled experiment, cannabis users were much more likely to recall words that were never shown and struggled with tasks like remembering to do something later. Researchers found that...

Will Cannabis ‘Lounges’ Come To New Bedford? What We Know

Adult-use cannabis surpassed $9 billion in gross sales in February, dating from when the first two retailers opened in November 2018. Now there’s a new sales category for on-site consumption, and city councilors want to discuss whether it would be right for New...