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...

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...