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...

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...

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...

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...

GREAT LAKES CANNABIS STOCK TICKER

MRA Expands Social Equity Program

The Marijuana Regulatory Agency (MRA) announced an expansion of its Social Equity Program, which is designed to encourage participation in the marijuana industry by people who live in Michigan communities which have been disproportionately impacted by marijuana...

9 States That Could Vote to Legalize Marijuana in 2020

The numbers 11 and 33 come up quite often when the topic of marijuana legalization is discussed. Currently, 11 U.S. states allow the legal use of recreational marijuana, while 33 states have legalized medical cannabis. But those numbers could soon change. Nine...

First Vaping Death Reported In State

An adult man died on Wednesday, October 2, in Michigan from a disease relating to vaping, the Department of Health and Human Services reported Friday, the first person in the state to die from vaping-related causes. The death occurred as the state's emergency rules...