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...

Cannabis First Domesticated 12,000 Years Ago: Study

Cannabis was first domesticated around 12,000 years ago in China, researchers found, after analyzing the genomes of plants from across the world. The study, published in the journal Science Advances on Friday, said the genomic history of...

Using Hemp to Reduce Plastic Waste in the Cannabis Industry

When James Eichner and Ron Basak-Smith met as graduate students at the University of Colorado, they bonded over music, a love for cannabis, and a frustration over the cannabis industry’s plastic waste problem. Shortly after they met, a joint business-school project on...