cannabis business news

DOJ Says Drug-Testing, Pharma Interests Have Financial Stake in Blocking Marijuana Move to Schedule III

WASHINGTON DC - The U.S. Department of Justice is accusing some of the most vocal opponents of federal marijuana rescheduling of trying to protect their own financial interests rather than public health. In a court filing submitted this week, DOJ attorneys argued that the National Drug and Alcohol Screening Association (NDASA) and MMJ International Holdings,

By |2026-07-03T16:23:36-04:00July 3rd, 2026|Marijuana Business, News|

The Hemp Loophole Is Closing. Here’s What It Means For Michigan And Ohio Cannabis Businesses

ANN ARBOR - Michigan marijuana prices have fallen to some of the lowest levels in the country, with ounces commonly selling for $90 to $130. In Ohio, similar products often sell for $150 to $220 an ounce. Meanwhile, a multibillion-dollar hemp-derived THC industry has emerged outside the licensed cannabis system. Now that market may be

By |2026-06-02T15:49:58-04:00June 2nd, 2026|Marijuana Business, News|

Cannabis Industry Watches As Federal Medicare Hemp Program Advances

WASHINGTON DC - Michigan and Ohio cannabis operators are closely watching a new federal court ruling that could signal another step toward mainstream healthcare acceptance of hemp-derived cannabinoid products. The federal government is beginning to treat cannabis-adjacent products less like prohibited substances and more like healthcare tools after a federal judge dismissed a lawsuit challenging

By |2026-05-26T16:53:07-04:00May 26th, 2026|Marijuana Business, News|

Federal Cannabis “Land Grab” Begins: 60-Day Window Could Reshape Industry—Will Michigan Companies Act in Time?

WASHINGTON DC - A narrow federal window is opening that could reshape the future of the U.S. cannabis industry—and Michigan companies may have just weeks to decide whether to take part. The Drug Enforcement Administration has launched a new registration process for medical marijuana businesses, creating what some industry attorneys describe as a rare opportunity

By |2026-04-30T17:42:22-04:00April 30th, 2026|Marijuana Business, News|