The Business of Cannabis

In January, Illinois Set A Monthly Record For Cannabis Sales

Mar 5, 2025 | Great Lakes Region

The Illinois Department of Financial and Professional Regulation announced recreational cannabis sales totals for January 2025 were the highest since the Illinois cannabis market was legalized. January 2025 sales reached $140,191,240.27, surpassing January 2024 totals...

Study: Hemp Insulation Viable, But Industry Needs Market Demand To Scale Up

Mar 5, 2025 | National

Hemp insulation has the potential to become a viable industry in the U.S., but its long-term success will depend on scaling up domestic production and increasing market demand, according to researchers at the Georgia Institute of Technology (Georgia Tech). The...

Here’s What Ohio Cannabis Restrictions Could Mean To Consumers

Mar 3, 2025 | Feature, Great Lakes Region

Ohioans overwhelmingly voted to legalize recreational marijuana in 2023, but Republicans are on their way to restricting it. Throughout the past 24 hours, the most commonly asked question I’ve received is, ‘How is this legal and how do we stop them?’ I have a running...

Michigan Veterans Included In Study To See If Cannabis Could Treat PTSD

Feb 26, 2025 | Feature, Great Lakes Region, Michigan

A new study wants to find out if marijuana and cannabis could be an effective treatment option for veterans who have Post-Traumatic Stress Disorder (PTSD). Many doctors state it can go undiagnosed, and that can make things even worse in the long run. Retired Major...

Lume Looks To Florida To Sell Hemp-Derived THC

Feb 26, 2025 | Feature, Great Lakes Region, Michigan

As oversupply hammers prices and the industry remains walled off from other states’ markets, Michigan’s largest cannabis company is heading south to sell a different kind of weed.  Evart-based Lume Cannabis Co. has founded a new company, Lume Hemp Co. in...