The Business of Cannabis

What to Know About Medicare’s Hemp-Derived Product Program

Under the program announced on April 1, "eligible hemp-derived products can be incorporated into patient care plans under clinician guidance, consistent with model requirements and applicable law," CMS said in a press release. However, the program will...

Experts: Expanded Cannabis Access In Las Vegas May Benefit Gaming Industry

Experts in gaming, cannabis policy, and state government say expanding access to legal, regulated cannabis in Las Vegas could bolster tourism. It could also support the broader gaming industry. This is especially important as visitation softens. Moreover,...

Eastern North Carolina Senator’s Bill Would Put Marijuana Legalization On November Ballot

Voters in North Carolina could decide the future of marijuana after Senate Democrat Kandie Smith of Greenville and two colleagues introduced Senate Bill 1072 on Monday. The legislation is intended to bypass years of legislative gridlock by placing...

Psychedelics Move Into The Spotlight

Psychedelic drugs may be having a moment in Michigan and nationwide. In April, President Donald Trump signed an executive order making them available to treat mental health conditions including depression and anxiety.   And in Michigan, the Democratic Party...

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...

Career Drug Warrior Named Acting DEA Administrator

The Trump administration has named career special agent Derek S. Maltz as Acting Administrator of the US Drug Enforcement Administration. Maltz replaces former Administrator Anne Milgram, who departed the agency last week.    Maltz worked within...

Sky Labs In Hot Water Again With CRA

The Michigan Cannabis Regulatory Agency (CRA) has filed yet another formal complaint against Sky Labs LLC, an adult-use cannabis processor located in Mt. Morris, for its receipt and handling of more than one million grams (equal to 2,204 pounds) of product identified...

Biggest Challenges For The Cannabis Industry In 2025

The U.S. cannabis industry faces five major hurdles holding back its growth, even as sales are projected to reach a record $50 billion or more in 2025.1 Business of Cannabis. "What's on the Horizon for Cannabis in 2025?"  While a final rule due later in 2025 from...