The Business of Cannabis

Cannabis, The Billion-Dollar Industry Learning To Manufacture Like One

Jul 9, 2026 | Feature, National

The cannabis industry did something remarkable. It turned a black market into a boardroom story, built brands that compete with legacy consumer packaged goods companies, and generated $33.8 billion in U.S. retail sales in 2025 across dozens of legal markets, all...

Federal Government Rests Its Case; DEA Administrative Hearings Continue

Jul 9, 2026 | Feature, National

The ongoing Drug Enforcement Administration (DEA) administrative hearings in Arlington, Virginia—which began on June 29, 2026, and are scheduled to conclude by July 15, 2026—have reached a critical turning point as the federal government has officially rested its...

Connecticut To Boost Cannabis Industry Participation With Tribal Compact

Jul 1, 2026 | National

Tribal cannabis could soon be coming to Connecticut, where operators in the limited-license state have to date enjoyed limited competition. That’s after Gov. Ned Lamont last week signed a compact with the Mashantucket Pequot Tribe, the latest example of a state...

Virginia To Allow Recreational Marijuana To Be Sold In Retail Stores Beginning In 2027

Jul 1, 2026 | National

Five years after becoming the first Southern state to legalize possession of marijuana, Virginia has approved a legal way to sell it to recreational users. State budget legislation enacted Monday will allow up to 350 cannabis shops to open across Virginia...

DEA Kicks Off Historic Hearing On Cannabis Rescheduling Proposal

Jul 1, 2026 | Feature, National

The Drug Enforcement Administration kicks off its hearing on a proposal to reclassify recreational cannabis under federal drug laws. The DEA rescheduled medical cannabis in FDA-approved drugs and from state-licensed operators in April, marking the most...