The Business of Cannabis

What Reclassifying Marijuana To Schedule III Would Mean For Cannabis Companies — And Why Trump May Do It

Dec 16, 2025 | Feature, National

President Trump is likely to loosen long-standing federal restrictions on marijuana early next year by reclassifying the drug under federal law, according to Axios. If that happens, the move would carry major consequences for cannabis companies, investors,...

Ohio Lawmakers Approve SB-56 To Change Voter-Approved Pot And Hemp Rules

Dec 10, 2025 | Great Lakes Region

Ohio lawmakers have passed a bill that would make changes to Ohio’s marijuana and intoxicating hemp laws and policies. The bill, Senate Bill 56, passed the Senate 22-7 and now heads to Gov. Mike DeWine’s desk. One thing the bill would do is essentially...

MiCIA To Appeal Pending 24% Wholesale Tax

Dec 10, 2025 | Feature, Great Lakes Region, Michigan

Representatives of Michigan’s cannabis industry plan to appeal a Michigan Court of Claims decision to leave in place a pending 24% wholesale tax on cannabis.  The Michigan Cannabis Industry Association filed a lawsuit less than 24 hours after...

Trump Pardons Major Drug Traffickers Despite His Anti-Drug Rhetoric

Dec 10, 2025 | National

On President Donald Trump’s first full day in office this year, he pardoned Silk Road founder Ross Ulbricht, who was convicted of creating the largest online black market for illegal drugs and other illicit goods of its time. In the months since, he has granted...

Ann Arbor Approves Ordinance Reducing Restrictions On Dispensaries Close to Schools

Dec 10, 2025 | Feature, Great Lakes Region, Michigan

At the Nov. 17 Ann Arbor City Council meeting, the council approved an ordinance reducing restrictions for the distance between schools and cannabis dispensaries in Ann Arbor from 1,000 to 100 feet. This encompasses all pre-existing K-12 public and private schools,...