The Business of Cannabis

Indiana Embraces Marijuana With More Than $1B Sales, Study Finds

Indiana has some of the most stringent laws on cannabis in the country, but despite that, use among adults has consistently increased over the past decade. That is according to a new report from the Richard M. Fairbanks Foundation, which partnered with the...

Michigan Supreme Court Orders Review Of 24% Cannabis Tax

The Michigan Supreme Court ordered the state Court of Appeals to take another look at the legality of Michigan’s 24% wholesale cannabis tax. “The court of Appeals shall expedite its consideration of this case,” the Supreme Court ordered on Wednesday, April...

What The Trump Administration’s Move To Reclassify Marijuana Means For Investors

CNBC’s Brandon Gomez reports on the Trump administration’s move to reclassify cannabis as a Schedule III drug. The change doesn’t legalize the drug at the federal level but it could significantly expand scientific research in the drug’s medical uses. More...

What Cannabis Rescheduling Really Means: Insights from Mint Cannabis’ Pablo Palomino

The cannabis industry finally got the jolt it’s been waiting for. With the federal government moving cannabis from Schedule I to Schedule III, the conversation has shifted from if reform will happen to what happens next. To unpack the implications, I sat...

Bill Targeting Abandoned Marijuana Grow Sites Passes Committee

A bill that targets abandoned marijuana grow sites across Oklahoma has passed a House committee. Senate Bill 640 aims at addressing abandoned and improperly maintained medical marijuana grow operations. The measure would require licensed medical marijuana businesses...

Canada: Cannabis Sales Are Rising As Alcohol Declines

Marijuana sales are increasing as purchases of alcohol are declining, according to a new federal report from the Canadian government. Retailers in the country sold C$5.5 billion worth of legal recreational cannabis products in the fiscal year ending March 31, 2025,...