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...

Marijuana On The 2020 Ballot: 16 States Could Vote

Ever since Colorado and Washington became the first two states to approve marijuana legalization initiatives in 2012, additional states have joined them in each biennial election that has followed. And 2020 could be a banner year for cannabis on the ballot. There...

Three More Marijuana Retailers Licensed

An additional three retail locations can start selling marijuana to adults 21 and older after receiving licenses from the state Thursday. The Marijuana Regulatory Agency approved retailers in River Rouge, Bay City and Ann Arbor, bringing the total number of adult-use...

USMCA And Cannabis Trade

Last week, amid the impeachment turmoil, President Trump and Democratic leadership somehow agreed on a landmark international trade agreement. The package is generally referred to as USMCA (U.S-Mexico-Canada Agreement), or sometimes as NAFTA 2.0. Although the White...