The Business of Cannabis

How The Marijuana ‘Green Rush’ Fell Apart

Jan 4, 2023 | National

The legal cannabis trade, still in its infancy, is flailing in many parts of the country as the pandemic boom that sent sales soaring has tapered off. Supply is now flooding the market in several states, economists say, depressing prices and decimating already-thin...

Ohio Secretary Of State Gives Lawmakers Four Months To Consider Legal Marijuana Initiative Ahead Of Possible Ballot Placement

Jan 4, 2023 | Feature, Great Lakes Region

Ohio’s secretary of state has formally resubmitted an activist-led marijuana legalization petition to the legislature, giving lawmakers four months to consider the reform. If they don’t act, advocates could then collect additional signatures to place the issue on the...

White House Highlights Police Concerns About Marijuana Legalization In New Report To Congress

Jan 4, 2023 | National

The White House has delivered an annual drug enforcement report to Congress that highlights a number of concerns from regional police partners about state-legal marijuana legalization—including what they believe are the implications for drug trafficking, environmental...

Review Of Michigan Marijuana Market in 2022

Jan 4, 2023 | Feature, Great Lakes Region, Michigan

It’s been a great year for Michigan marijuana customers, who are paying less than ever for increasingly potent cannabis. As of November, the average retail cost for an ounce of marijuana had dropped to a record low of $95 with some strains dipping to near $60 an ounce...

Could Michigan Be the Next State to Legalize Psychedelics?

Dec 27, 2022 | Feature, National

First Oregon legalized psilocybin with Ballot Measure 109, approved by voters in November 2020. Then Colorado followed suit, but with the possibility of legalizing other classic psychedelics soon, via Proposition 122, approved by voters in November 2022. So...