The Business of Cannabis

Jackson To Use Marijuana Tax Revenue To Repair City Roads

The City of Jackson will invest $250,000 in marijuana tax revenue to repair potholes and improve road conditions without raising taxes on residents. The initiative, called “Pot for Potholes,” directs state-distributed funds from the Michigan Transportation...

Wisconsin Loses Millions In Marijuana Tax Revenue To Border States

Wisconsin residents contributed more than $36 million in marijuana taxes to Illinois last year and nearly $6 million to Michigan in 2024, according to new numbers released by the state Legislative Fiscal Bureau. The revenue comes from counties bordering...

Massachusetts: Governor Signs New Cannabis Law

Governor Maura Healey signed a new cannabis law on Sunday that will expand business opportunities and increase the amount of cannabis adults can legally possess. The law increases the legal possession limit for adults to two ounces and doubles the number of...

Trump Reclassifies State-Licensed Medical Marijuana As A Less-Dangerous Drug In A Historic Shift

President Donald Trump’s acting attorney general on Thursday signed an order reclassifying state-licensed medical marijuana as a less-dangerous drug, a major policy shift long sought by advocates who said cannabis should never have been treated like heroin...

Single Dose Of CBD May Treat Psychosis, Study Suggests

The results suggest that CBD could offer a treatment for the memory problems associated with psychosis, a common mental-health condition that affects 20 million people worldwide, according to the World Health Organization. “Now not only do we know that...

MRA Issues Recall On Vape Cartridges

The Marijuana Regulatory Agency (MRA) issued a health and safety advisory bulletin today due to the recall of vape cartridges which failed laboratory testing – under the November 22, 2019 emergency rules – for high levels of vitamin E acetate. All affected vape...