The Business of Cannabis

The Inside Story Of The World’s First Cannabis-Based Painkiller

A new botanical drug derived from marijuana has been approved in Germany to treat chronic pain, ushering in a new future for the medical applications of cannabis. In late May, Germany's Federal Institute for Drugs and Medical Devices, which is similar to the...

Michigan Cannabis Group Fights Restrictive Marijuana Laws

Members of the Michigan Cannabis Community Coalition will gather at the state capital today for their legislative advocacy day to make their voices heard. Members of the coalition say that they plan to push their positions on some pending legislation, which...

NY Gives Local World Cup Fans Tips On How To Land Safe, Legal Cannabis

Here’s how to find your pot o’ goal during the World Cup. State cannabis regulators are launching an education campaign to instruct the thousands of local tourists and fans readying for the World Cup on how to access and safely use local legal weed. “We...

Michigan Marijuana Wholesale Tax Generates $70M Less Than Expected

Michigan’s 24% wholesale tax on marijuana generated tens of millions less than expected in its first four months, according to a new report from the Michigan Treasury Department. The tax took effect Jan. 1 and was projected to generate $420 million a year to...

Israel Plans To Legalize Recreational Cannabis Use

Justice Minister Avi Nissenkorn announced on Thursday a draft government-sponsored bill to legalize recreational cannabis use in Israel. Nissenkorn's announcement came on the heels of formal recommendations made by an inter-ministerial committee to legalize...

Survey Shows 75 Percent Of Veterans Are Interested In Cannabis

It’s no secret that many veterans are turning to cannabis to combat some of the difficulties they may be facing from serving in the military. There is no one reason a veteran uses cannabis, rather, veterans’ reasons for use go across the board. Missouri even voted to...