The Business of Cannabis

Michigan Ranked 12th Among States With The Highest Weed Consumption In The US

Oct 9, 2024 | National

The United States of America is the country that smokes the most weed in the world. As we mentioned in our article – 20 Cities with the Highest Weed Consumption in the US – the American legal cannabis industry fared well in 2023 as legal sales...

Cannabis Market Update: Is This The Bottom You Were Waiting For?

Oct 9, 2024 | National

Without question, the US cannabis industry is in trouble, at least if you judge from the continuing closure of cultivation facilities and dispensaries and stock prices of the companies in our portfolio purchased in January 2022. At that time, StockWatchIndex (SWI)...

What Will The CBD Landscape Look Like If Congress Forces FDA To Finally Write Rules?

Oct 9, 2024 | National

With a suite of bipartisan bills moving through Congress that could be pillars in a regulatory framework for CBD, what would it look like if they all became law? First of all, should any or all of the measures pass, the U.S.  Food and Drug Administration (FDA)...

TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan

Oct 2, 2024 | Great Lakes Region, Michigan

TerrAscend Corp. TSNDF cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially...

Cannabis Cafes Get Green Light In California

Oct 2, 2024 | National

Governor Newsom signed the bill after his concerns about second-hand smoke were addressed. California Gov. Gavin Newsom signed Assembly Bill 1775 into law, which will allow local municipalities to begin permitting “cannabis cafes” to serve...