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...

iHemp Hour May 26: Hemp Policy and Regulation

On the iHemp Hour May 26 at noon, Russell Laird, Executive Director of Hemp Policy and Regulation for the Hemp Leaders Coalition will provide an federal government update from the Washington DC.   Laird has decades of experience working with the federal government. He...

iHemp Elects New Board Of Directors

LANSING – The Industrial Hemp Association of Michigan, commonly referred to as iHemp, has elected a new board of directors, led by David Crabill, a hemp farmer. A list of the officers is below: David Crabill President Former iHemp President John Freeman invited Dave...

Your Cannabis Business and the Law

Michigan Marijuana Report is releasing the results of our Spring 2021 Industry Survey Tuesday, May 25 during our quarterly Industry Webinar. As part of an effort to learn about, and share, the state of the industry as well as the top issues facing us in 2021, Scott...