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Marijuana industry

"The Sentence of Michael Thompson"

Even where legal, weed's hard to remove from criminal records

by Tony Wagner
May 26, 2023
Econ Extra Credit newsletter #151
"The Sentence of Michael Thompson" follows the efforts of Thompson's family and lawyer to free him after Michigan legalized the drug in 2018.
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COVID-19

Pot sales on the rise in some states with people home due to COVID-19

by Mitchell Hartman
Apr 20, 2020
Pot retailers are open for business in most states where recreational sales are legal.
Cannabis sales are still up compared to last April in major markets like California, Washington and Colorado.
Bruce Bennett/Getty Images
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Cannabis companies spend and grow, but profits elude

by Mitchell Hartman
Aug 14, 2019
Publicly traded cannabis companies have proven a risky investment play.
The California Compassionate Care Network (CCCN) marijuana dispensary's grow operation is one of the stops on the cannabis tour organized by L.A.-based Green Tours, January 24, 2019 in Los Angeles, California.
ROBYN BECK/AFP/Getty Images
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Feds change marijuana policy, which could affect businesses involved

by Reema Khrais
Jan 4, 2018
U.S. Attorney General Jeff Sessions today rescinded an Obama-era policy that helped legal marijuana thrive in parts of the United States. Sessions, a longtime critic of marijuana legalization, says it causes spikes in violence and crime. He has likened marijuana to heroin. What Sessions repealed today is known as the “Cole memo.” It discouraged federal […]
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Weed is a booming "adjacent" economy

by Ryan Kailath
Jul 27, 2017
The High Times Corp. — owner of the 43-year-old High Times magazine, sponsor of the annual Cannabis Cup — is going public. The company announced today it expects to list on the NASDAQ by October. Pot is a $6.7 billion annual business in North America, according to the cannabis research firm Arcview Group. And as […]
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