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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New York: Study Finds Spike In Cannabis ER Visits

Results of a study from the New York State Department of Health showed cannabis-related emergency department visits across Northern New York. According to the report, Jefferson County saw 1,516 cannabis-related emergency room visits in 2023. The report tracks...

Cannabis Farms Are Drying Up California’s Mountain Streams

Some streams in California’s Emerald Triangle have flowed every day of every year since long before anyone was measuring them.  A new study suggests that’s starting to change, and not for any of the reasons you’d expect. No drought hit hard enough to blame on its...

Energy Costs Are Reshaping Cannabis Economics

Some cannabis growers built on the assumption that power would stay cheap. That bet has gone bad. Electricity rates are up 15% to 25% over the past two years with no ceiling in sight through 2030, according to Jim Kordoban, founder and CEO of On Point Power, a...