The Business of Cannabis

New York: Hemp THC Beverage Crackdown Promised As Widespread Illegal Sales Continue

Intoxicating hemp-derived products can be found at mainstream retailers throughout New York State, including at grocery and convenience stores in New York City. That’s despite clear directive in state law requiring sellers of such products to obtain a...
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Indiana: Hemp Industry Gets A Little Breathing Room

New federal restrictions on THC-infused products have been pushed back one month, giving Hoosier businesses more time before much of the market could become federally illegal. Indiana's hemp-derived cannabinoid industry has generated billions statewide in...
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Michigan: A $31.8 Million Marijuana Verdict Goes Down In Federal Appeals Court

A Michigan marijuana grower won a $31.8 million jury verdict for breach of contract… then watched it disappear on appeal. On September 10, 2026, the U.S. Court of Appeals for the 6th Circuit held that federal courts cannot enforce a contract to buy and sell...
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Illinois: Access To Medical Cannabis Expands Through New Dispensary Licenses

Illinois has issued medical cannabis dispensary licenses to 37 existing adult-use dispensaries, allowing them to serve registered medical patients and adult-use customers at the same location. The change took effect immediately, according to Gov. JB...
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Utica Adopts Marijuana Business Ordinance

Jan 31, 2020 | ,

With the growing popularity of marijuana retail after its recent legalization, many cities across Michigan have updated their position on dispensaries, and the City of Utica is one of the most recent to make a change. The “Marihuana Business Ordinance” was unanimously...

Single Dose Of CBD May Treat Psychosis, Study Suggests

Jan 30, 2020 |

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...