The Business of Cannabis

June Cannabis Prices Continue 5-Month Decline, Despite Selling More Product

Jul 15, 2025 | Feature, Great Lakes Region, Michigan

Michigan cannabis sales fell again, for the fifth month in a row, from the same months in 2024. Ironically, Michigan dispensaries sold 17.6 percent more cannabis by weight compared to the same period in 2024. The dichotomy is due to falling prices and over saturation...

Study: Low-Dose Cannabis Extracts Reduce Chronic Pain, Patients’ Reliance on Analgesic Medications

Jul 10, 2025 | National

Chronic pain patients experience sustained symptomatic improvements following the use of low-dose, plant-derived cannabis extracts, according to data published in the Journal of Pain & Palliative Care Pharmacotherapy. Argentinian investigators...

Ohio Adult-Use Pot Sales Top $600 million, Doubling Medical Marijuana Sales

Jul 9, 2025 | Great Lakes Region

Ohio adult-use marijuana stores have racked up $600 million in sales since the market launched in Aug. 2024, recent data shows. And so far, customers are buying twice as much cannabis from adult-use stores as they are from MMJ dispensaries, according to...

High Prices, Poor Marketing, Stunt Ohio Cannabis Market

Jul 9, 2025 | Great Lakes Region

Ohioans had great expectations for recreational marijuana after voting to legalize personal use of the plant in Nov. 2023. According to data from the Ohio Division of Cannabis Control, total marijuana sales have reached over $2.7 billion as of mid-June. Non-medical...

THC-Free Extraction Breakthrough Could Spur Product Development For Hemp Products

Jul 7, 2025 | National

A new method developed by Colombian researchers could mark a turning point for companies making hemp-derived cannabinoid products, offering a faster, scalable way to eliminate THC while preserving CBD and other valuable compounds. The recently published work...