The Business of Cannabis

More Older Americans Using Marijuana

Jan 3, 2024 | National

The Leaf is a luxury marijuana dispensary located on El Paseo in Palm Desert where store supervisor Miguel Chable says the average age of customers might be a lot higher than you think. “It’s a little bit closer between 40 and 70,” he said. Chable said senior citizens...

Michigan Leads U.S. In Cannabis: Will It Continue In 2024 Given High Sales, Low Prices & Big Scandals

Jan 3, 2024 | Feature, Great Lakes Region, Michigan

Despite becoming the leading market in the U.S. in 2023, Michigan’s cannabis industry faces a complex landscape marked by declining prices, corporate struggles, and potential federal regulatory changes.  Sales in Michigan soared to $2.8 billion through November...

Ohio GOP Governor Pushes Lawmakers To Allow Marijuana Sales ‘Very Quickly’ And Ban Intoxicating Hemp Products

Jan 3, 2024 | Great Lakes Region

Ohio’s Republican governor is adamant that lawmakers must pass legislation as soon as possible to expedite regulated recreational marijuana sales and also ban purchases of intoxicating hemp products. With the legislature coming back into session for the new year, Gov....

Mail-Order Dispensary Claims It Offers Nationwide Cannabis Delivery

Jan 3, 2024 | National

The Pot Shop based in San Francisco announced in a press release it has created a mail-order business to deliver cannabis products to all 50 states. The Pot Shop said it redefines the cannabis procurement process by delivering a diverse range of premium cannabis...

DEA Tells Congress Tuesday It Has ‘Final Authority’ On Marijuana, Regardless Of Health Agency’s Schedule III Recommendation

Jan 3, 2024 | National

The Drug Enforcement Administration (DEA) told lawmakers on Tuesday that it reserves “the final authority” to make any scheduling decision on marijuana following an ongoing review, regardless of what the U.S. Department of Health and Human Services (HHS) recommends....