The Business of Cannabis

Trump’s Efforts To Reschedule Pot Has Congressional Republicans Fuming

Jan 7, 2026 | National

President Donald Trump has a GOP revolt on his hands. It’s about weed. In announcing last month that he wants to reduce government regulations on marijuana that have kept taxes high for cannabis companies and made it difficult for researchers to study the drug’s...

Rep. Bollin Defends Michigan’s New Wholesale Cannabis Tax To Help Pay For Local Road Repair

Jan 7, 2026 | Feature, Great Lakes Region, Michigan

Michigan’s new 24-percent tax on wholesale cannabis is now in effect. The bi-partisan budget compromise is meant to raise an estimated $420 million for local road repairs. The cannabis industry failed to stop the tax in court, and warns of possible shutdowns and...

Congressional Leaders Drop Attempt To Block Marijuana Rescheduling, While Preserving State Medical Cannabis Protections

Jan 7, 2026 | National

Bipartisan House and Senate leaders have rejected a provision that would’ve blocked the Justice Department from rescheduling marijuana—while maintaining a longstanding rider protecting state medical cannabis programs from federal interference. While a...

US Senate Confirms Trump’s Drug Czar From Fox News

Jan 7, 2026 | National

The Senate confirmed journalist Sara Carter to oversee federal drug policy by a 52-48 vote Tuesday. A former Fox News contributor who has reported on drug trafficking, Carter will lead the White House Office of National Drug Control Policy as President Donald Trump’s...

Michigan Cannabis Industry Case Against Wholesale Tax Moves Forward After Judge Rebuffs Attorney General’s Motion

Jan 7, 2026 | Feature, Great Lakes Region, Michigan

Despite the new 24% wholesale tax on marijuana going into effect on Jan. 1, the industry’s case against the state of Michigan is moving forward. Court of Claims Judge Sima Patel denied a motion from the Attorney General’s office to reconsider her December ruling and...