ANN ARBOR–The latest Finance, Insurance, and Health Care Report from the Ann Arbor-based American Customer Satisfaction Index showed that banks have surpassed credit unions in customer satisfaction, an ACSI first. The survey also found internet investment services lead the sector, and health is the only insurance industry to gain this year. Customer satisfaction with the
SEATTLE–Shield Compliance LLC, the developer of a banking compliance system for the legalized cannabis industry, announced it has raised $5 million in a Series A financing round and plans to bring its services to financial institutions serving legal cannabis markets in Michigan, Colorado, Illinois, Massachusetts, Ohio, and Washington. Combined with a partnership with a multi-state
LANSING - The U.S. House Judiciary Committee passed a bill Wednesday that would effectively make marijuana legal. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019 passed by a count of 24-10. Rep. Jerrold Nadler (D-N.Y.), chairman of the committee, introduced the bill and has gathered more than 50 co-sponsors of the bill in the House.
LANSING – T.K. Eppley has been named President and Chief Operating Officer of Supported Intelligence, a company that develops and licenses a new class of powerful, consumer-friendly Artificial Intelligence applications. “We are pleased to have new and experienced leadership at Supported Intelligence,” said Patrick L. Anderson, who founded the company in 2012. “T.K. brings a
LANSING - The Lansing Radisson Hotel will be decked out in holiday glory as Michigan's cannabis industry leaders gather for a special year-end celebration on Thursday December 5. The date had been incorrectly identified in an earlier version of this story. Enjoy dinner and hear speakers discuss the year that was and the year yet
LANSING - Legislation codifying into state law a U.S. Supreme Court decision regarding internet sales tax provisions for online retail entities was reported by a Michigan Senate panel Wednesday, a move that could bring millions in additional revenue to the state. The proposed changes come following the 2018 U.S. Supreme Court ruling in South Dakota v.
LANSING - Certain businesses will be permitted to transfer marijuana products on the medical side to the recreational side, the state said Wednesday, meaning limited recreational sales are likely to happen in a little over two weeks. Without allowing the transfer of some product, recreational sales would not have occurred until March or April of
EAST LANSING —Patrick L. Anderson, principal and CEO of Anderson Economic Group, presented Oct. 7 his national award-winning paper, “Blue Smoke and Seers: Measuring Latent Demand for Cannabis Products in a Partially Criminalized Market,” at the annual meeting of the National Association for Business Economics in Denver, Colorado. “Blue Smoke” describes the methodology and challenges
EAST LANSING – AEG’s monthly AndCan®Index indicated a flat level of demand for legal cannabis products in the United States in August. Anderson Economic Group produces the monthly measurement to observe market trends for these products across all 50 states. After continuing a steady upward climb through July, legal cannabis products remained flat in August
ROYAL OAK – Barton Morris, founder of the Cannabis Legal Group, will discuss the roadside oral fluid testing pilot program. Ryan Basore has launched a line of cannabis products called Redemption, and helped launch the Michigan Cannabis Industry Association. Ken Harrell, Michigan’s most notable cannabis stock market expert, will discuss the 2020 Cannabis stock outlook. Finally Mike