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...

Senators Introduce CBD Bill For Food, Dietary Supplements

A bill introduced Wednesday in the U.S. Senate would legalize CBD and other hemp-derived ingredients in dietary supplements and conventional food and beverages. The Hemp Access and Consumer Safety Act is critical “to protecting consumer safety and treating hemp...

Colorado’s Q1 Retail Pot Sales Up 28% From 2020

Recreational and medical marijuana retailers in Colorado continue to break sales records. According to the latest data from the state Department of Revenue, Colorado’s adult-use and medical cannabis stores recorded $561.7 million in sales in the first...