The Business of Cannabis

Cannabis Regulatory Agency Names Director For New State-Run Marijuana Testing Lab

May 2, 2024 | Feature, Great Lakes Region, Michigan

The Michigan Cannabis Regulatory Agency will open a new testing lab by January next year as a means to keep the state’s booming marijuana industry in check and, hopefully, push standards into a new era of safety. The state agency announced Friday...

Biden Administration Plans To Ease Marijuana Restrictions

May 2, 2024 | Feature, National

WASHINGTON DC – The Biden administration is moving forward with plans to move marijuana off the most severe classification of Schedule I to Schedule III, a source familiar with the decision confirmed to The Hill Tuesday. Rescheduling marijuana is distinct from...

New Mexico Governor Presses Biden Official About Spike In Federal Marijuana Seizures From Licensed Businesses

Apr 24, 2024 | National

The governor of New Mexico spoke with the head of the U.S. Department of Homeland Security (DHS) this week and expressed concern about a recent surge of Border Patrol seizures of marijuana from state-licensed businesses, Marijuana Moment has learned exclusively....

Demise Of High Times Leaves Trail Of Unpaid Bills And Unhappy Investors

Apr 24, 2024 | National

The receiver for ExWorks, the company that lent High Times Chairman Adam Levin money to buy the business, has appointed Kevin Singer of Receiver Specialists to oversee the sale of High Times’ assets to settle outstanding debts. High Times and Levin used several...

Sturgis OK’d New Cannabis Business Plan

Apr 17, 2024 | Feature, Great Lakes Region, Michigan

A site plan for a prospective cannabis product retail store was unanimously approved Tuesday by the Sturgis Planning Commission. The request was brought to the table by EAC Industries LLC officials, who are looking to renovate and improve the property located at 1640...