News

Trump Order Advances Marijuana Rescheduling, Offering Potential Relief For Michigan Cannabis Industry

WASHINGTON — President Donald Trump has signed an executive order directing federal agencies to move forward with the rescheduling of marijuana under federal law, a step that could ease financial pressure on the legal cannabis industry while stopping short of nationwide legalization. The order instructs the Justice Department and the Drug Enforcement Administration to advance

By |2025-12-18T14:31:15-05:00December 18th, 2025|Featured, Marijuana Business, News|

Michigan Cannabis Sales Hit $260 Million In November As Prices Plunge To Historic Lows

LANSING — Michigan’s legal cannabis market generated nearly $260 million in sales in November, but the headline figure masks deep stress in the industry as average prices for an ounce of marijuana fell to historic lows, leaving growers, processors and retailers fighting for margins. According to industry data, the average retail price for an ounce

By |2025-12-18T09:38:12-05:00December 18th, 2025|Featured, Marijuana Business, News|

Factory Shutdowns Raise Concerns Over GM’s Truck Production Amid Broader Trends in the U.S. Automotive Sector

FLINT - Factory workers are accustomed to periodic production line shutdowns for maintenance, but General Motors' recent announcement raises some eyebrows. The company revealed that the Flint Assembly plant, which manufactures GM’s heavy-duty Chevrolet Silverado and GMC Sierra trucks, will halt production for an entire four weeks. The shutdown, described as “extended holiday downtime,” will

By |2025-12-15T15:33:56-05:00December 15th, 2025|News|

Survey: West Michigan Economy Losing Momentum, Mirroring Economic Headwinds Facing Michigan, US

ALLENDALE — As 2025 draws to a close, West Michigan’s economy is losing momentum, mirroring broader economic headwinds facing Michigan and much of the United States, according to new data from Grand Valley State University. Brian Long, director of supply chain management research at Grand Valley’s Seidman College of Business, said his latest monthly survey

By |2025-12-13T18:38:04-05:00December 13th, 2025|Featured, News|

What Reclassifying Marijuana To Schedule III Would Mean For Cannabis Companies — and Why Trump May Do It

WASHINGTON DC - President Trump is likely to loosen long-standing federal restrictions on marijuana early next year by reclassifying the drug under federal law, according to Axios. If that happens, the move would carry major consequences for cannabis companies, investors, researchers, and state-regulated marijuana markets. Under the plan under review, marijuana would be shifted from

By |2025-12-13T18:38:07-05:00December 12th, 2025|Featured, Marijuana Business, News|

DeWine to Sign Bill Recriminalizing Out-of-State Marijuana, Rolling Back Ohio Voter Law

COLUMBUS - Ohio Gov. Mike DeWine said Thursday he will sign legislation that rolls back key parts of Ohio’s voter-approved marijuana law, including a provision that would again make it a crime to possess marijuana legally purchased in another state, such as neighboring Michigan. Voters approved recreational marijuana in 2023 with the expectation that legal

By |2025-12-12T09:39:10-05:00December 12th, 2025|Marijuana Business, News|

Ohio Legislature Amends Voter-Approved Cannabis Legalization To Tighten Oversight

COLUMBUS, Ohio - The Ohio Senate raced legislation across the finish line on Dec. 9, approving a major overhaul of the voter-approved statute that legalized adult-use cannabis, banning intoxicating hemp products, and authorizing drinkable cannabinoid products for one year. Senators voted 22–7 along party lines to adopt a House-backed conference committee report on Senate Bill

By |2025-12-10T15:38:35-05:00December 10th, 2025|Marijuana Business, News|

Judge Allows Michigan’s 24% Cannabis Wholesale Tax to Take Effect; Industry Warns of Major Economic Fallout

Michigan’s cannabis industry failed to secure an injunction against the new wholesale tax, but the judge left the door open for the underlying legal challenge to proceed as questions remain about voter intent and market impact. DETROIT - Michigan’s legal cannabis industry took a major hit Monday after a judge refused to block a new

By |2025-12-10T15:38:43-05:00December 8th, 2025|Featured, Marijuana Business, News|

Michigan Minimum Wage Rising to $13.73 in 2026; Businesses, Workers Split on Impact

LANSING — Michigan’s minimum wage is set to increase from $12.48 to $13.73 per hour on Jan. 1, 2026, under the state’s Improved Workforce Opportunity Wage Act — a scheduled rise that continues the state’s multi-year wage adjustment tied to inflation and economic conditions. The law, passed in 2018, raises the minimum wage only in

By |2025-12-08T10:48:47-05:00December 8th, 2025|News|

Senate Bill 56 Likely To Pass Next Week With New Ohio Criminal Sanctions

COLUMBUS - A new law that’s likely to pass at the Ohio Statehouse next week would establish a series of minor criminal penalties for people who improperly transport or possess marijuana in Ohio, while rolling back legal protections for users in venues like child custody or professional licensing disputes. For that reason, NORML is leading

By |2025-12-10T15:38:46-05:00December 5th, 2025|Marijuana Business, News|