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...

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Mike Tyson: We Smoke $40K Of Marijuana Every Month At Ranch

Mike Tyson is certainly enjoying his retirement. Not only has the former boxer become an advocate for marijuana while hosting a podcast called Hot Boxin', but he also explained the extent of his marijuana use in the latest episode (h/t The Source)....

Cannabis Restaurants Coming to California

Like any good chef about to open a restaurant, Andrea Drummer wants to get her pairings just right. But her lamb chops with plantain-mango salsa won’t be matched with wine or beer. Instead, a “budtender” — some in the industry call them ganjiers, as in ganja...

Medical Marijuana Markets Expanding at Varying Rates

While medical marijuana is legally available in 36 states and Washington DC, the fragmented nature of the industry – each state creates its own set of rules – means each market grows at a different rate. The new quarterly release of the Marijuana Business Factbook...