The Business of Cannabis

First U.S. Marijuana Stock Now Trading On NYSE

Last week, Trulieve Cannabis became the first U.S. cannabis operator to list on the New York Stock Exchange. The stock is now trading under the symbol "TRLV." Although a publicly traded company moving up to the NYSE is not uncommon, it is in the cannabis...

New CANNRA President: Hanna, U.S. Army Vet From Michigan

For the first time ever, a United States military veteran — from Michigan —  has been elected president of the Cannabis Regulators Association (CANNRA), an international non-profit organization founded in 2020. Michigan Cannabis Regulatory Agency...

Maryland Collects $26.2 Million In Cannabis Tax Revenue In First Quarter

The Maryland Office of the Comptroller has reported that the state collected $26.2 million in cannabis sales tax revenue between January and March 2026. Maryland law imposes a 12% sales and use tax on retail sales of adult-use cannabis and cannabis products....

After Losing Its License, Minnesota’s First Cannabis Testing Lab Exits Pot Industry

One of Minnesota's longstanding cannabis testing labs has ended its cannabis and hemp testing program following regulatory troubles. Legend Technical Services announced this week it has shut down its cannabis testing program. This comes weeks after the...

Ohio Cannabis Sales Surpass $3 Billion So Far In 2025

Ohio medical and adult-use marijuana sales have officially surpassed $3 billion, new data from the state Department of Commerce shows. In an update published on Tuesday, DOC’s Division of Cannabis Control reported $3,036,756,851 in cannabis purchases as of September...

Trump’s India Tariffs Threaten Cannabis Pre-Roll Market

The Trump administration’s recently imposed 50% tariff on imports from India is threatening the cannabis industry’s fastest-growing sector. India is the world’s largest supplier of pre-rolled cones, a key part of a product category that recorded $2.3 billion in...

Marijuana Industry Group Pushes Congress For Tax Relief

A leading marijuana industry association has released a report calling on Congress to treat cannabis businesses like other lawful industries by allowing them to take federal tax deductions—and also to apply that policy retroactively to provide relief for past...