The Business of Cannabis

Detroit City Council May Ban Cannabis Ads Near “Sensitive Properties”

Oct 20, 2024 | Feature, Great Lakes Region, Michigan

Detroit City Council is likely to consider restrictions on marijuana advertisements in the city. Council member Angela Whitfield Calloway is leading the proposed changes to city code that would prohibit marijuana advertisements from being within a 1,000-foot...

Cannabis CEOs Greet Harris’ Legalization Plans With Cautious Optimism

Oct 15, 2024 | National

In a bid to win the support of Black men, an electorate reportedly on the fence for voting for her, Vice President Kamala Harris, the Democratic presidential candidate, is promising federal legalization for cannabis. If elected, Harris plans to “break down...

Researchers Say They’ve Developed Hemp Grain, Fiber Varieties That Can Stand The Heat

Oct 14, 2024 | National

Researchers in Texas say they have developed hemp grain and fiber varieties suited to the state’s challenging climate. The team, at Texas A&M University, announced it is preparing to deliver its first set of hemp germplasms to the U.S. Department of Agriculture...

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)...