The Business of Cannabis

Struggling Michigan Pot Companies Bet The Farm On Risky Federal Tax Strategy Trying to Save Millions Of Dollars

Jun 4, 2025 | Feature, Great Lakes Region, Michigan

Since early 2024, state-licensed cannabis companies in Michigan and across the country have been changing their approach to filing and paying federal taxes — specifically to claim exemption to a little-known 1982 provision in the Internal Revenue Code called Section...

Seniors’ Getting High Reaches New High

Jun 4, 2025 | National

Older Americans are increasing their use of marijuana to a point where some geriatricians are warning about weed’s attendant health risks. The big picture: U.S. marijuana use among those 65 and older surged nearly 46% from 2021 to 2023, according...

On June 5, Ohioans Can Buy Twice As Much Adult-Use Pot

Jun 4, 2025 | Great Lakes Region

Ohio’s marijuana dispensaries will be able to sell higher quantities to nonmedical patients starting this week. The Division of Cannabis Control (DCC) announced new guidelines for nonmedical sales limits in late May. Beginning June 5, recreational customers can buy up...

Ohio Republicans To Overrule Voters On Cannabis Regulations By End Of June

Jun 4, 2025 | Great Lakes Region

Ohio Republicans plan to pass recreational marijuana reform by the end of June. Both the House and Senate are working together to create restrictions, which have drawn criticism from legalized marijuana supporters around the state. Under the law passed by Ohio voters...

Trump Wants To Delete State Medical Marijuana Protections From Budget While Continuing To Block Cannabis Sales Legalization In D.C.

Jun 3, 2025 | Feature, National

President Donald Trump is again proposing to remove existing protections for states that have legalized medical marijuana, while maintaining a ban that’s prevented Washington, D.C. from enacting a system of regulated adult-use cannabis sales. As part of his budget...