The Business of Cannabis

New York: Cannabis Is Booming — Why Does It Feel Like a Race to the Bottom?

Behind the polished presentations and sophisticated branding is a less glamorous conversation about wholesale pricing, retail margins, promotional allowances, payment terms, and who can afford to keep competing. I've experienced that disconnect firsthand...

Minnesota: Hemp THC Deadline Hits $200 Million Industry, Leads To Layoffs

Minnesota hemp sellers say the approach of Dec. 11 is already hitting their bottom line and changing what stores keep on the shelf. After Dec. 11, some Minnesota liquor stores say they still expect to sell hemp drinks. The federal law would complicate...

Cannabis Was Canada’s 5th Most Important Cash Crop In 2025 

Cannabis was Canada’s fifth most important cash crop in 2025, according to Stats Canada figures. In Canada, cannabis crops were worth $3 billion last year, or 5.8% of total crop receipts.   Cannabis crops in 2025 were worth nearly $1...

Cannabis Rescheduling Process Remains Sidelined, DEA Judge Orders New Replies

The words “expedited hearing” are losing their grip on the cannabis rescheduling process, as the judge assigned to the task entertains reopening the proceedings “for limited discovery and testimony” at the demand of prohibitionist parties. Derek C. Julius,...

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INTERACTIVE INDUSTRY MAP OF NORTH AMERICA

US House Gives Final Approval To Marijuana Banking Reform Bill

The U.S. House of Representatives passed cannabis banking reform by a strong bipartisan vote of 321-101 on Monday, the first major piece of marijuana legislation approved by the new Democratic-controlled Congress. The bill was overwhelmingly supported earlier in the...

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....