The Business of Cannabis

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...

Cannabis Reform Is Moving Forward — But Washington Is About To Break The Hemp Economy

Jan 5, 2026 | Feature, Great Lakes Region, Michigan

President Donald Trump’s decision to move marijuana out of the most restrictive federal drug category marks real progress in U.S. cannabis policy — progress that’s been a long time coming. By directing federal agencies to reschedule marijuana from Schedule I to...

Annual Financial Statement Requirements For Fiscal Year 2026

Jan 2, 2026 | Feature, Great Lakes Region, Michigan

The Cannabis Regulatory Agency (CRA) released an advisory bulletin today announcing the release of the Annual Financial Statement (AFS) requirements and the required AFS report form for fiscal year 2026. The bulletin and all required forms may be accessed at...