The Business of Cannabis

Twenty Publicly Traded Cannabis Companies Lost More Than $2B In 2023 Despite Generating Nearly $9B In Revenue

May 8, 2024 | National

Twenty of the largest publicly traded marijuana companies in the U.S. lost a cumulative $2.3 billion last year, and only one of them turned a profit. That’s despite the group as a whole pulling in more than $8.7 billion in revenues, according to analysis of public...

Marijuana Edibles, Vape Pens In Michigan Schools Prompt Calls For Reform

May 8, 2024 | Feature, Great Lakes Region, Michigan

Six years after Michigan voters chose to legalize recreational marijuana, some education leaders are calling on the state to do more to combat use in schools.  There’s been an “alarming” rise in student consumption of pot edibles and use of vape...

Study: Osteoarthritis Patients Report Sustained Benefits From Cannabis

May 2, 2024 | International

Patients diagnosed with osteoarthritis report pain-specific improvements following their use of medical cannabis preparations, according to observational data published in the Journal of Pain & Palliative Care Pharmacotherapy.  British researchers assessed the use...

Ric Flair Drip Launches Cannabis Brand In Michigan In Partnership With Goldkine

May 2, 2024 | Great Lakes Region, Michigan

Wrestling star Ric Flair’s cannabis brand,Ric Flair Drip, joins forces with Michigan’ cannabis brands, Goldkine, to launch its premium suite of cannabis products across the state. The initial product lineup includes a range of options to cater to diverse...

Biden Administration Plans To Ease Marijuana Restrictions

May 2, 2024 | Feature, National

WASHINGTON DC – The Biden administration is moving forward with plans to move marijuana off the most severe classification of Schedule I to Schedule III, a source familiar with the decision confirmed to The Hill Tuesday. Rescheduling marijuana is distinct from...