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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Senate Votes To Delay Looming Hemp THC Ban

The U.S. Senate on Saturday voted down an amendment that would have stripped a delay of an impending ban on hemp THC products included in a continuing resolution to fund the government, according to a report from The Hill. Congress voted last year to prohibit hemp...

Study: Marijuana Use Tops Cigarettes In US

Marijuana use surpassed cigarette use in the United States last year, a new study found. In 2025, 43.8 million Americans (ages 12 and up) used marijuana regularly, compared to 36.1 million Americans who smoked cigarettes, according to the 2025 National Survey on Drug...

Curaleaf Announces Hostile Takeover Bid For Aurora Cannabis

Marijuana’s effect on most humans is to make them more mellow and content. So it felt a little out of character when U.S. cannabis company Curaleaf (OTC:CURLF) launched a hostile takeover bid for its Canadian peer, Aurora Cannabis (NASDAQ:ACB) on Tuesday. Curaleaf’s...