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...

Canadian Marijuana Producer Destroying $58 Million Of Pot

The Canadian cannabis producer CannTrust Holdings will destroy $77 million Canadian dollars ($58.2 million) worth of product in an effort to regain regulatory compliance. CannTrust said on Monday evening that it will destroy CA$12 million of plants and CA$65...

First Cannabis Labor Union Forms in Pennsylvania

More than two dozen employees of a medical marijuana company in Pennsylvania have formed the first cannabis labor union in the Keystone State. Around 30 production and laboratory employees and management of Pennsylvania Medical Marijuana Solutions signed the labor...