The Business of Cannabis

Record Number Of Banks Serving Marijuana Sector

Sep 20, 2023 | National

A record number of banks, credit unions and financial institutions are providing services to state-legal cannabis companies, according to recent statistics from the U.S. Treasury Department. The agency’s Financial Crimes Enforcement Network – which tracks suspicious...

DEA Is ‘Likely’ To Reschedule Marijuana, Government Analysis Predicts

Sep 18, 2023 | National

The Drug Enforcement Administration will “likely” reschedule marijuana, following federal health regulators’ Aug. 29 recommendation, according to a government analysis. The DEA confirmed to Congress in 2020 that it is “bound” by law to defer to the U.S....

14 Congressional Republicans Oppose Proposed Marijuana Rescheduling

Sep 18, 2023 | National

Fourteen Republican federal lawmakers are voicing their opposition to a key federal agency’s recent recommendation that marijuana be rescheduled. In a letter to U.S. Drug Enforcement Administration chief Anne Milgram, eight Republican senators and six GOP...

Cannabis Regulatory Agency Takes Disciplinary Action Against Licensees Throughout The State

Sep 18, 2023 | Feature, Great Lakes Region, Michigan

Administrative formal complaints and disciplinary actions taken against adult-use/medical licensees in August are now available for review in the Cannabis Regulatory Agency’s August 2023 Disciplinary Action Report. August’s disciplinary actions: Bay CityPure Releaf N...

Ann Arbor To Extend Cannabis Shop Hours

Sep 14, 2023 | Feature, Great Lakes Region, Michigan

Ann Arbor, home to the annual Hash Bash event, is taking things to the next level. The city, home to the most dispensaries in the state of Michigan, recently announced that cannabis shops can stay open later than ever before. Now, when the clock strikes midnight, Ann...