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...

Cannabis Arrests Are On The Rise — Again

While more U.S. states continue to legalize marijuana, more U.S. citizens keep getting arrested for marijuana-related crimes. FBI crime statistics show that, for the third year in a row, the number of marijuana-related arrests increased in 2018. How is that...

Colorado’s Largest Grower Loses Millions in Early Freeze

The largest marijuana grower in Colorado – Pueblo-based Los Sueños Farms – disclosed it lost millions of dollars during an early winter storm after half the company’s plants froze before harvest could be completed. The crop loss in Southern Colorado is expected to...