The Business of Cannabis

Ohio Hemp-Infused Drinks Scammers Get Jail Time In $2 Million Pump-And-Dump Financial Fraud

Mar 6, 2024 | Great Lakes Region

A group of men have been convicted in Ohio for participating in a “pump-and-dump” conspiracy involving a penny stock company that proposed to make hemp-infused drinks. The U.S. Attorney’s Office for the Northern District of Ohio said the scam cost investors...

Community Battles Plan To Authorize Dispensaries Near Harper Woods Homes

Mar 6, 2024 | FOUR20 Post, Great Lakes Region, Michigan

How and where marijuana businesses can fit into the city of Harper Woods has been an ongoing struggle. Last year, the city council was considering doing away with a 1,500-foot buffer between pot shops, which neighbors viewed as allowing a free-for-all for cannabis...

Study: Legalization Not Linked To Upticks In Incidences Of Cannabis-Related Psychosis

Mar 3, 2024 | Canada

The legalization of the Canadian marijuana market is not associated with increases in cannabis-related psychotic episodes, according to data published in The Canadian Journal of Psychiatry. Canadian investigators assessed the frequency of...

South Dakota Law Aimed At Hemp Intoxicants Likely To Wipe Out CBD Market

Mar 3, 2024 | National

A proposed South Dakota law intended to crack down on products that contain high concentrations of intoxicating delta-8 THC and other cannabinoids also threatens the CBD market in one of the country’s biggest hemp-growing states. The State Senate this week reverted to...

Proposed Law To Raise Hemp THC Limit To 1.0% Nixed By Virginia Lawmakers

Mar 3, 2024 | National

Virginia lawmakers have turned back a bill that sought to increase the legal limit for THC in industrial hemp plants to 1.0% and ease state licensing requirements. The proposed measure, House Bill 1485 (HB 1485), recently tabled by the House Agriculture, Chesapeake...