The Business of Cannabis

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...

Grassy Knoll Partners With Muskegon Event Place To Offer Cannabis-Friendly Camping

May 2, 2024 | Feature, FOUR20 Post, Michigan

A cannabis-friendly campsite is coming to Muskegon this summer, just in time for festival season. The Grassy Knoll Recreational Dispensary, located at 2125 Lemuel St, is using the fives acres adjacent to their building to set up a smoker’s oasis in its wooded...

MedMen Declares Bankruptcy With $410M In Debt

May 1, 2024 | National

California’s first cannabis company valued at over a billion dollars appears to have completed its long descent into failure. MedMen, once hailed as the “Apple Store of weed,” declared bankruptcy last week, according to a press release published by...

Polls: Most Americans Endorse Legalization, Say Cannabis Is Safer Than Either Alcohol Or Tobacco

Apr 24, 2024 | Feature, National

The overwhelming majority of US adults favor legalizing marijuana federally and most perceive it to be safer to consume than either tobacco or alcohol, according to nationwide polling data released today. Survey data compiled by Data For Progress finds that...

Adverse Reports On Intoxicating Hemp Products Cut Across All Age Groups

Apr 24, 2024 | Great Lakes Region, Michigan

Nearly 8,000 people reported adverse effects after consuming products containing delta-8 THC or other intoxicating hemp compounds between 2021-2023, according to America’s network of poison control centers. More than half of the reports to the National Poison Data...