The Business of Cannabis

Jackson To Use Marijuana Tax Revenue To Repair City Roads

The City of Jackson will invest $250,000 in marijuana tax revenue to repair potholes and improve road conditions without raising taxes on residents. The initiative, called “Pot for Potholes,” directs state-distributed funds from the Michigan Transportation...

Wisconsin Loses Millions In Marijuana Tax Revenue To Border States

Wisconsin residents contributed more than $36 million in marijuana taxes to Illinois last year and nearly $6 million to Michigan in 2024, according to new numbers released by the state Legislative Fiscal Bureau. The revenue comes from counties bordering...

Massachusetts: Governor Signs New Cannabis Law

Governor Maura Healey signed a new cannabis law on Sunday that will expand business opportunities and increase the amount of cannabis adults can legally possess. The law increases the legal possession limit for adults to two ounces and doubles the number of...

Trump Reclassifies State-Licensed Medical Marijuana As A Less-Dangerous Drug In A Historic Shift

President Donald Trump’s acting attorney general on Thursday signed an order reclassifying state-licensed medical marijuana as a less-dangerous drug, a major policy shift long sought by advocates who said cannabis should never have been treated like heroin...

How Cornbread Hemp Brings A New Age Of Tourism To Kentucky

Think of it like a bourbon distillery, but for hemp.Dubbed the fastest-growing hemp company in America on the 2024 Inc. 5000 list, Higdon and Zipperle, who were among the first companies nationwide to introduce organic, flower-only CBD gummies to the consumer market,...

Five States Most Likely To Legalize Marijuana In 2025

As 2025 kicks off and state legislative sessions get rolling, marijuana legalization advocates are eyeing a handful of jurisdictions as key battlegrounds where they see the prospects of enacting reform this year as most likely. Pennsylvania and Hawaii are widely seen...