The Business of Cannabis

Companies With Cannabis-Based Drugs Eye Ipos, Private Funding Boost After US Reclassification

Apr 30, 2026 | National

Companies developing cannabis-based medicines say U.S. moves to loosen restrictions on the drug could unlock private funding and the public markets, ​providing a lifeline to the struggling cannabis industry. The U.S. Department of Justice last...

Texas Court Weighs Whether Smokable Hemp Can Stay On Shelves After Friday

Apr 30, 2026 | National

A court fight in Austin this week could determine whether Texans can keep buying cannabis flower, pre-rolls and concentrates sold under the state’s hemp laws. The products are back on store shelves for now because of a temporary court order set to expire Friday at 5...

Michigan Supreme Court Orders Review Of 24% Cannabis Tax

Apr 30, 2026 | Feature, Great Lakes Region, Michigan

The Michigan Supreme Court ordered the state Court of Appeals to take another look at the legality of Michigan’s 24% wholesale cannabis tax. “The court of Appeals shall expedite its consideration of this case,” the Supreme Court ordered on Wednesday, April 22. In...

What The Trump Administration’s Move To Reclassify Marijuana Means For Investors

Apr 30, 2026 | Feature, National

CNBC’s Brandon Gomez reports on the Trump administration’s move to reclassify cannabis as a Schedule III drug. The change doesn’t legalize the drug at the federal level but it could significantly expand scientific research in the drug’s medical uses. More From...

Ohio Law Increases Penalty For Selling Cannabis To Those Under 21

Apr 30, 2026 | Dispensaries, Great Lakes Region

Ohio’s new cannabis law adds criminal punishments for giving marijuana to anyone under the age of 21. Senate Bill 56, a new Ohio law with sweeping changes to cannabis use, adjusted the law to create harsher punishments for distributing cannabis to someone underage....