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

Cuomo Signs Law Decriminalizing Marijuana Use in New York

"Communities of color have been disproportionately impacted by laws governing marijuana for far too long, and today we are ending this injustice once and for all," Cuomo said. The bill will take effect 30 days after becoming law. Lawmakers in New York state voted last...

Cannabis, Hemp Execs On How Regulation Has Divided The Sectors

While hemp and marijuana derive from the same plant, the two largely operate in two separate spheres. Some may think the two industries work together and support one another, but that is often not the case. In fact, friction has flared up over the years. Much of the...

‘Priceline Of Pot’ Expanding Into Michigan

DENVER—Leafbuyer Technologies, a Denver, Colo.-based  cannabis technology and marketing platform, announced Friday that the company has begun expansion into the Michigan medical and developing recreational cannabis market. Leafbuyer Technologies is a...