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...

C3 Industries Opens 4th Michigan Dispensary

C3 Industries opened its fourth High Profile brand dispensary on July 15 in Buchanan in southwest Michigan near the Indiana border.  Two months ago, C3 Industries opened another dispensary in Grant.  The company, co-owned by two University of Michigan alumni,...

iHemp Hour: CBD Retailing With Lori Putt

Growing hemp is one challenge. Setting up product development and distribution is another set of challenges.  Lori Putt learned some hard lessons growing hops before the 2019 rush to grow CBD. Hang Over Hops became HOH Hempnotize and she became active with iHemp...

Cannabis Sales See Short-Term COVID-19 Spike

Legal cannabis sales surged to new highs in some states even as COVID-19 caused record unemployment levels and billions in lost income. Experts at Anderson Economic Group, who have tracked legal cannabis demand through the AndCan® Index since 2015, suspect this short-...

Biden’s Marijuana Plan Out Of Step With Public

Marijuana policy recommendations promulgated this week by the Joe Biden campaign fall well short of the changes necessary to adequately address the historic and ongoing failures of federal cannabis prohibition. Specifically, the plan calls for...

Treez: Improving the Brand-Retailer Connection

In most other markets, retailers and brands are able to develop co-beneficial partnerships based on their ability to share information. Sephora, the world’s leading specialty beauty retailer, shares point-of-sale and inventory details with supplier brands, allowing...