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The Business of Cannabis

30 July 2026
During budget negotiations last year, Michigan’s elected officials stunned the state’s seven-year-old marijuana industry with a new 24% wholesale tax. Despite the new tax, the average price of flower fell to a record low in June, while THC vape products remained near...
The Great Lakes Region
Since Michigan voters approved a change to state law in 2018, possessing less than five ounces of marijuana is generally a civil infraction, not a criminal offense ... |
A new cannabis dispensary is preparing to open in Mankato this fall, marking the Prairie Island Indian Community’s first off-reservation retail location and the latest expansion of... | ![]() |
PA Senator John Fetterman and over a dozen of his colleagues in the upper chamber have re-upped their calls to end the federal ban of marijuana. Last week, Fetterman's office sent out ... |
A cannabis dispensary was fined after authorities reportedly found a 34-day gap in the business' security video. According to WTVB, Mint Cannabis in Coldwater, MI, was fined $8,000 ... |
Cannabis use among Minnesota teenagers has dropped significantly over the past decade, falling from 13% to 5% between 2013 and 2025, according to new research from ... |
National and International
If the federal ban on intoxicating hemp products takes effect this November, could individual states create hemp markets similar to the marijuana programs that have operated for ... |
Nearly a decade after Californians voted to legalize recreational cannabis, state leaders and industry representatives say legal businesses are still facing major challenges ... |
Minneapolis-based cannabis multistate operator Vireo Growth is acquiring fellow MSO Planet 13 Holdings in an all-stock merger, extending one of the cannabis ... |
Mitchell Osak has spent nearly a decade inside the legal cannabis industry, working as a fractional executive and advisor to more than 220 cannabis companies world ... |




