The Business of Cannabis

Federal Hemp Product Crackdown Delayed Into December By US Budget Extension Bill

A federal ban on most hemp-derived THC products would be pushed back until Dec. 11 under a stopgap government spending bill passed Tuesday by the U.S. House of Representatives. The continuing resolution, which also averts a government shutdown, postpones...

Michigan: JARS Cannabis Acquires Sonoran Roots

JARS Cannabis, which was founded in 2020 in East Detroit, has evolved into a large network of dispensaries, with locations in Michigan, Arizona and Colorado. Now, JARS has acquired Sonoran Roots, an award-winning craft cannabis brand that was founded in...

Ohio: How Much Cannabis Prices Have Increased The Summer Of 2026

Ohio's average price for an ounce of cannabis has been going up since May, the first time consumers have seen consistent monthly increases since recreational sales began two years ago. Ohio voters legalized recreational marijuana in November 2023, with sales...

Michigan: CRA Issues First-Ever Hemp License Suspension Over Excessive THC Levels

Four years after taking over supervision of Michigan’s hemp industry, state regulators issued the first-ever license suspension. The state Cannabis Regulatory Agency, which oversees marijuana and hemp, suspended with intent to revoke the hemp...

Tech-Driven Loyalty Programs Key To Cannabis Retail Sales

Borrowing from the playbook of industries like airlines and hospitality, an increasing number of cannabis retailers are upping their loyalty program game as a means of engaging customers to keep them returning to their stores. Loyalty programs are no longer just...

Cheech & Chong Bring Cannabis Brand To Ohio

The iconic comedy duo and cannabis pioneers Cheech & Chong are expanding their cannabis brand into Ohio through an exclusive partnership with Riviera Creek, a leading cultivator in the state. "This partnership is about merging legacy with innovation," said Brian...

Where Is Cannabis Legal? A Guide To All 50 States

Texas officially became the 40th state in the country to allow medical marijuana sales, thanks to an expanded program that went into effect in September. For years, the Lone Star State had a restrictive medical marijuana market that only allowed for products that...