Struggling Michigan Pot Companies Bet The Farm On Risky Federal Tax Strategy Trying to Save Millions

Since early 2024, state-licensed cannabis companies in Michigan and across the country have been changing their approach to filing and paying federal taxes — specifically to claim exemption to a little ...

On June 5, Ohioans Can Buy Twice As Much Adult-Use Pot

Ohio’s marijuana dispensaries will be able to sell higher quantities to nonmedical patients starting this week. The Division of Cannabis Control (DCC) announced new guidelines for nonmedical sales ...

Ohio Republicans To Overrule Voters On Cannabis Regulations By End Of June

Ohio Republicans plan to pass recreational marijuana reform by the end of June. Both the House and Senate are working together to create restrictions, which have drawn criticism from ...

Thailand Does U-turn On Recreational Cannabis Use

Thailand decriminalized cannabis in 2022. However, it did so without a comprehensive law regulating its sale, production or use. Since then, tens of thousands of licensed dispensaries and retailers ...

$3 Billion In Cannabis Debt Coming Due, Lenders Zero In On Overleveraged Companies

As spurned lenders begin to encircle marijuana companies owing an estimated $3 billion in collective debt coming due soon, one overleveraged operator is resorting to what observers say are ...

Analysis: State-Legal Cannabis Sales Top $30 Billion in 2024

Sales of state-licensed cannabis products totaled $30.1 billion in 2024, according to data compiled by Vangst Staffing and Whitney Economics. This total represents a 4.5 percent increase year-over ...

Cannabis Legalization May Be Headed To US Supreme Court

A group of cannabis companies looking to overturn the plant’s illicit status at the national level could be on their way to the U.S. Supreme Court. And there is reason for them to be optimistic that ...

Trump Wants To Delete State Medical Marijuana Protections From Budget While Continuing To Block Cannabis Sales Legalization In D.C.

President Donald Trump is again proposing to remove existing protections for states that have legalized medical marijuana, while maintaining a ban that’s prevented Washington, D.C. from enacting...

Seniors’ Getting High Reaches New High

Older Americans are increasing their use of marijuana to a point where some geriatricians are warning about weed's attendant health risks. The big picture: U.S. marijuana use among those 65 and ...

How Much Longer Will Stalled Farm Bill Leave Hemp Industry In Legal Limbo?

With the 2023 Farm Bill delayed yet again—this time extended through Sept. 30, 2025—the most urgent regulatory crisis in the U.S. hemp sector remains unresolved. How much longer will intoxicating ...