The Business of Cannabis

3 Arrested After Breaking Into TruLeaf Dispensary

Jun 4, 2024 | Feature, Great Lakes Region, Michigan

Charges are pending against three men accused of breaking into a dispensary overnight to steal marijuana, Van Buren County sheriff’s deputies said. A fourth suspect allegedly involved in the robbery remains at large. Sheriff’s deputies responded to a 3:30 a.m. report...

Federal: House Committee Approves Amendment Barring Production of Hemp-Derived Intoxicating Products

Jun 4, 2024 | National

Members of the House Committee on Agriculture have approved an amendment to federally criminalize hemp-derived products containing mood-altering cannabinoids.  The amendment revises section 297A of the 2018 Farm Bill, which expanded the...

SEC Lawsuit Claims CBD Exec Spent Most Of Investor Funds On Gambling, Luxury Goods

May 29, 2024 | National

The U.S. Securities and Exchange Commission (SEC) has filed suit against a Texas man the agency said collected $1.2 million from investors for a hemp business and then spent more than $755,000 on gambling, luxury items and rent on a swanky personal...

Biden Drug Czar Hints At Interstate Commerce If Marijuana Rescheduled

May 29, 2024 | National

Marijuana rescheduling could allow for “legitimate interstate commerce within the federal system,” the Biden administration’s drug czar said in a recent interview. In comments to the Minneapolis Star Tribune, Dr. Rahul Gupta, the director of the Office of...

Michigan Recalls 1,100 Pre-Rolls Believed To Be Infused With Untested Additives

May 22, 2024 | Feature, Great Lakes Region, Michigan

Nearly 1,100 pre-rolls already sold or in inventory at 20 dispensaries across Michigan were recalled over public health concerns May 15. The Cannabis Regulatory Agency accused the manufacturer, Flavor Galaxy, which operates a processing facility in Hazel Park, of...