The Business of Cannabis

CRA Executive Director Brian Hanna Responds To President Trump Executive Order To Reschedule Cannabis

Dec 18, 2025 | Feature, Great Lakes Region, Michigan

President Donald Trump has signed an executive order directing federal agencies to move forward with the rescheduling of marijuana under federal law, a step that could ease financial pressure on the legal cannabis industry while stopping short of nationwide...

Trump Order Advances Marijuana Rescheduling, Offering Potential Relief For Michigan Cannabis Industry

Dec 18, 2025 | Feature, Michigan, National

WASHINGTON — President Donald Trump has signed an executive order directing federal agencies to move forward with the rescheduling of marijuana under federal law, a step that could ease financial pressure on the legal cannabis industry while stopping short of...

Trump’s Cannabis Rescheduling Order Could Include Industry Banking And CBD Medicare Coverage Provisions, Sources Say

Dec 17, 2025 | National

Cannabis industry observers believe it is increasingly likely that President Donald Trump will soon sign an executive order directing federal agencies to complete the marijuana rescheduling process. But multiple reports indicate that the directive could also...

And So It Begins: UP Dispo Lays Off Employees To Prepare For 24 Percent Wholesale Tax In January

Dec 17, 2025 | Feature, Great Lakes Region, Michigan

A new Michigan tax on cannabis that will go into effect next month is already impacting Upper Peninsula dispensaries. Higher Love Cannabis Co. has locations from Marquette to Menominee. But this week, the business announced permanent layoffs for 61 of its 213...

DOJ Declines To File Supreme Court Brief In Marijuana Companies’ Case Challenging Federal Prohibition

Dec 17, 2025 | National

The Justice Department is declining the opportunity to file a brief on whether the U.S. Supreme Court should take up a case from marijuana businesses that are challenging the constitutionality of federal prohibition. In a filing submitted to the court on...