The Business of Cannabis

Hash Bash Draws Thousands To University Of Michigan Diag Despite Stricter Marijuana Rules

Look to the left and see someone smoking marijuana. Look to the right and see a vendor distributing bananas. There was still a strong cannabis aroma pervading across the University of Michigan Diag in Ann Arbor Saturday afternoon, despite campus police...

Chicago: 7 Years After Legalization, Final Cannabis Licensing Lawsuit Goes To Court

Nearly seven years after Illinois lawmakers approved recreational cannabis legalization, applicants who lost out on coveted business licenses are still battling the state in court, alleging the law’s rollout undermined its purported equity goals. At the time...

Ohio Judge Pauses Hemp Product Ban Enforcement, Saying It Favors Marijuana Industry

A Sandusky County court of common pleas judge has ruled that Ohio’s new law banning the sale of intoxicating hemp-derived cannabinoids except at licensed marijuana retailers is likely unconstitutional and has issued a temporary restraining order blocking the...

Massachusetts: Bill To Double Amount Of Cannabis You Can Buy And Ease Regulations

Massachusetts lawmakers plan to send Gov. Maura Healey a bill this week that would double the limit on how much cannabis an adult can buy or possess in Massachusetts, while also reshaping the state agency that regulates the industry. The legislation, a...

Legal Pot Industry Calls For Crackdown On Delta 8

A growing number of Chicago businesses are now exploiting a loophole in federal law that appears to allow the unfettered sale of a trendy hemp byproduct called Delta-8-THC, which has commonly been described as “marijuana-lite” or “diet weed.” Retailers across the city...

IRS Has Spent Years Training Agents On Marijuana Audits

The IRS has been training its agents for at least eight years in the finer details of auditing marijuana companies, using PowerPoint presentations that outline everything from legal precedents to questions that should be asked during interviews with business owners....